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Mumbai, Mar 27: The combined turnover of commodity exchanges in the country has reached Rs 1,82,114.85 crore during the first fortnight of March of the current fiscal year, up by 27.72% compared to Rs 1,42,583.72 crore in the second fortnight of February 2007, according to data released by Forward Markets Commission (FMC). The data is released every fortnight.
The surge in turnover has been primarily led by the three leading commodities exchanges —Multi Commodity Exchange (MCX), National Commodity and Derivatives Exchange (NCDEX) and National Multi Commodity Exchange of India (NMCE), which together account for nearly 96% of the total turnover in the country.
Among the leading three national exchanges, MCX has captured a market share of nearly 73%, followed by NCDEX 22% and NMCE 1.15%.
The turnover of MCX increased by nearly 28% to Rs 1,32,504.92 crore during Mar 1-15 period over Rs 1,03,375.95 crore in its previous fortnight.
The turnover of leading agri-commodity exchange NCDEX jumped by 24% to Rs 41,665.92 crore during March 1-15 compared to Rs 33,632.77 crore in its previous fortnight.
The turnover of NMCE registered a sharp increase of 49% to 2,098.21 crore compared to Rs 1,409.04 crore.
In the regional single commodity exchanges, the Board of Trade (Indore), Ahmedabad Commodity Exchange and Rajkot Commodity Exchange registered total turnover of Rs 3,025.50 crore, Rs 825.49 crore and Rs 204.42 crore, respectively, during the review period.
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