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Commodity turnover rises by 17% to Rs 5.4 lakh-crore in April

22 May 2015 Evaluate

The turnover of commodity bourses stood at Rs 5.4 lakh-crore in April, a rise of 17%, compared to Rs 4.6 lakh-crore in the year-ago period. The trading volumes barring bullion were high in metals, agriculture and energy items in April. The turnover from energy items such as crude oil increased 52% to Rs 1.6 lakh-crore in April from Rs 1 lakh-crore a year ago.

Similarly, business from metals jumped about 20% to Rs 1.15 lakh crore from Rs 95,195 crore, while that from agri-commodities rose 13% to Rs 1 lakh-crore from Rs 96,167 crore in the period under review.

The turnover from bullion however declined about 5% to Rs 1.6 lakh-crore in April of 2015-16 financial year as against Rs 1.7 lakh-crore in the same month of previous year.