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India: Turnover of commodity bourses down 5.5pct in April-December

Posted on 22 January 2013

The turnover of commodity exchanges fell 5.54 per cent during the April-December period to Rs 1,29,62,447 crore because of decline in bullion trade. “The cumulative value of trade from April 1, 2012 up to December 31, 2012 during the financial year 2012-13 was Rs 129,62,447.62 crore,” market regulator FMC said in its report.
The turnover of commodity bourses was Rs 1,37,22,854 crore in the corresponding period of previous fiscal. Bullion trade declined by 25.30 per cent in the first nine months of 2012-13 to Rs 60,03,141 crore, from Rs 80,36,753 crore in the year-ago period………………………………………..Full Article: Source


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