National Commodity and Derivatives Exchange’s (NCDEX) Futures segment has seen a 14% y-o-y increase in Open Interest and stands at Rs 7,317.31 crore for the month of September. The average daily trade value (ADTV) for the month of September 2015 stood at Rs 4,093.10 crore an increase of 7.82% y-o-y.
The agri commodities registered monthly total volume of Rs 88,818.79 crore, with Chana, Guar Seed and Refined Soya Oil being the top three traded commodities. The total traded volume for Chana was Rs 20,800.75 crore (increase of 228.80% y-o-y), Guar Seed volume was Rs 12,878.45 crore (increase of 94.08% y-o-y) while the ADTV for refined soya oil was Rs 10,351.65 crore. The exchange has facilitated smooth delivery of over 1.23 lakh tonnes of goods in September.
The Forwards segment on NCDEX has been consistently growing with over 25,500 tonnes of commodities, valued at Rs. 109 crore being traded since inception and 24,927 tonnes of goods being delivered through the Exchange. In September 2015 alone, over 1,114 tonnes of commodities have been traded and delivered on the forwards platform.