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India: Combined turnover of commodity exchanges dips by 25pct in H1

Posted on 11 October 2013

Combined turnover of commodity exchanges fell by 25 per cent to Rs 65.68 lakh crore in the first six months of 2013-14 due to a sharp decline in trading volumes in most commodities, according to the Forward Markets Commission (FMC).
These exchanges had done business of Rs 87.62 lakh crore in the April-September period of the 2012-13 fiscal, FMC said in a statement. Maximum fall in business was seen in agricultural items, followed by bullion, metals and energy commodities, commodity markets regulator FMC noted………………………………………..Full Article: Source


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