National Commodity & Derivatives Exchange (NCDEX) has witnessed a growth in the Open Interest (OI) which stood at Rs 6,888.12 crore for November 2014, reflecting a 5.80% increase over the same period last year. The average daily turnover volume (ADTV) for the month stood at Rs 3,249.03 crore, with the commodities amounting to 75,003 MT delivered through the exchange platform in the month.
For the agri segment, the monthly total volume was Rs 61,247.88 crore. The top three commodities were Castor Seed, Refined Soya Oil and Soyabean. The total traded volume for Refined Soya Oil was Rs 10,100.93 crore, while that for Soyabean was Rs 7,283.44 crore. Castor seed futures clocked volumes of Rs 16,218.45 crore; with over 13.29 % y-o-y growth. 10 MT Guar seed has also seen excellent participation; clocking a volume of Rs 5,456.57 crore, 250.52% y-o-y growth.
In the Forwards segment, 680 MT got traded on the Exchange platform with traded value of 86.17 lakh during the period from November 01, 2014 to November 31, 2014. 773 MT of commodities were delivered on the platform.