National Commodity and Derivatives Exchange (NCDEX), the leading commodity Exchange in India, has witnessed a surge in volumes in April, registering a 82.78% growth in its average daily trade value (ADTV) at Rs 4,491.85 crore. Trading in agri commodities like Chana, Guar complex, edible Oils and Oil seeds, spices like Jeera and Coriander has seen substantial rise during the month. ADTV for April, 2015 month stood at Rs 4491.85 crore while Open interest stood at Rs 6613.70 crore.
In the agri segment, the monthly total volume was Rs 92,597.89 crore. Chana, Guar Seed and Refined Soya Oil continued to be the top performers on the platform. Chana futures clocked volumes of Rs 21378.9 crore with over 173.84% m-o-m growth. 10 MT Guar seed has also seen excellent participation and registered volume of Rs 10677.37 crore, a 145.12% growth over the previous month.
In the recently launched Forwards segment, so far, 8091 tonnes of commodities were traded, valued at Rs 2,614.2 lakh with 7741 tonnes being delivered through the Exchange platform. This includes 1,263 tonnes of commodities traded during April 2015, valued at Rs 557.23 lakh while 1133 tonnes commodities were delivered through the Exchange platform in the month.
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