Monday 15 June 2015

Commodity exchanges report turnover of Rs. 11 trillion in Apr-May

The turnover from energy items like crude oil rose 55% to Rs 3.22 trillion till May 2015 from Rs 2.07 trillion in the year-ago period. 

Total turnover of the commodity exchanges increased 16.63% to Rs 11.11 trillion in the first two months of the current fiscal, according to the Forward Markets Commission (FMC) data.

The rise in total turnover of the commodity exchanges was on account of higher trade volumes in energy and agri-commodities, FMC said in its latest report.

These exchanges had done business worth Rs 9.52 trillion in the April 2014-May 2015, FMC added.

Maximum volumes was generated in energy items like crude oil, followed by agricultural and metals.

The turnover from energy items like crude oil rose 55% to Rs 3.22 trillion till May 2015 from Rs 2.07 trillion in the year-ago period.

Business from agricultural commodities increased 17.44% to Rs. 2.27 trillion from Rs. 1.93 trillion, while the turnover from metals like zinc and copper rose 16.67%.  

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