National Commodity & Derivatives Exchange’s (NCDEX) Forwards segment has crossed 11,000 tonnes of traded quantity in first five months of offering an exhaustive range of commodities on the forwards platform. Maize, chana, coriander, sugar, castor seed, turmeric and jeera were among the commodities that were traded on the platform. The exchange has traded 1100 tonnes of goods on a single day alone on May 29, 2015.
The futures segment also saw a healthy growth with the open interest on the exchange platform increasing by 15.54% over the previous month to Rs 7,641.80 crore in May 2015. The Average Daily Trading Volume (ADTV) rose by 13.12% over the previous month to Rs 5,081.39 crore in May 2015.
The monthly total volume was Rs 104,670.27 crore. The top three commodities were Chana, RM Seed and Refined Soya Oil with total traded volume of Rs 20,596.10 crore, Rs 13,958.23 crore and Rs 12,481.09 crore respectively.