Multi Commodity Exchange of India (MCX), the country’s largest commodity exchange, is planning to launch some more agri-commodities contracts by end of this financial year. The exchange currently offers future contracts in six agri-commodities-- crude palm oil, kapasia khalli, kapas, cotton, mentha oil and cardamom. It is eyeing to start contracts in at least one new agri-commdity by end of current fiscal.
The total turnover of exchange in current fiscal so far, stood at Rs 30.66 lakh crore out of which Rs 29.95 lakh crore was from non-agri commodities while remaining Rs 71,268.7 crore was contributed from agri-commodities.
In non-agri commodities, the exchange offers contracts in gold, silver, aluminium, copper, lead, nickel, zinc. Besides these, the exchange also offers contracts in crude oil and gas.
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