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India: Turnover of commexes drops 17pct in April-August this year

Posted on 16 September 2013

The total turnover of commodity bourses fell over 17 per cent to Rs 58,98,170 crore till August 2013, mainly due to sluggish trade volumes in almost all items, according to sector regulator FMC.
The business at the 21 commodity exchanges stood at Rs 71,39,917 crore in the same period last year. Much of the fall was in farm commodities, followed by bullion, metals and energy items, said the Forward Markets Commission (FMC) said while releasing its latest data………………………………………..Full Article: Source


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