Commexes turnover up 63%
The turnover of the 21 commodity exchanges in the country was up 63% at Rs144.31 trillion as on 15 January 2012 of the current fiscal due to increased trade in gold, silver and some farm items like guar seed. The maximum trade was seen in gold, silver, guar seed, crude oil, soy oil and chana.
According to FMC (Forward Markets Commission) data, the turnover in the bullion segment rose more than two-fold to Rs83.78 trillion during the 1st April-15th January period. Business from farm items like guar seed has increased by 53.37% to Rs15.91 trillion. While the turnover of energy items like crude oil increased by 32.42%, business from metals like copper rose marginally by...
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