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India: Commodity Exchanges’ Turnover Down Over 62% as of July 15

Posted on 24 July 2014

Commodity exchanges’ turnover declined over 62 per cent to Rs. 17.25 lakh crore till July 15 of the current fiscal year due to poor trading volumes in almost all commodities, the Forward Markets Commission (FMC) said on Wednesday.
The business at these bourses stood at Rs. 45.53 lakh crore in the same period of last financial year, the regulator said in a statement. The maximum fall in the turnover was seen in bullion followed by energy, metals and agricultural commodities………………………………………..Full Article: Source


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