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Friday, April 16, 2010

Commodity bourse turnover up 47.93 per cent

MUMBAI: Turnover at Indian commodity bourses rose 47.93 per cent to Rs 77.65 trillion ($1.75 trillion) in the 2009/10 fiscal year ending March, regulator Forward Markets Commission (FMC) said on its website.

Turnover rose 21.11 per cent to Rs 4.14 trillion in the fortnight ending March 31, data showed on Thursday.

Active trade was seen in gold, silver, copper and in the energy and metals pack during the fortnight.

Guar seed, soya oil, chana, soybean, rapeseed and turmeric saw maximum trade among agricultural commodities.

As per FMC website, India has 22 commodity bourses, including four operating at the national level. India opened commodity futures.

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