MCX turnover up 12% in September quarter
Commodity Online | October 11 2018
UPDATED 11:32:46 IST

India's Sugar production up 7.7% till February 15: ISMA

SLCM bags 39th rank in ‘Dream Companies to Work For’ in Asia

Wheat output may cross 100 MT: ICAR

Onion export rises 18% in Apr- Nov FY19

Sugar mill operating margins seen up 300-400 bps in 2018-19: report

Aided by a sharp run-up in bullion and crude oil prices, the turnover on MCX has registered an increase of 12% in the September quarter at Rs 15.77 lakh crore against Rs 14.06 lakh crore logged in the same period last year.

Trading volume in September alone was up 16% at Rs 5.47 lakh crore (Rs 4.72 lakh crore) with traders rushing to hedge their position due to sharp depreciation in rupee pushing up gold and crude oil prices.

Last month, the bullion turnover on MCX was up three per cent to Rs 1.34 lakh crore (Rs 1.30 lakh crore) due to rupee depreciation even as lack of volatility in the prices of yellow metal pulled down the turnover by 14% in the September quarter to Rs 3.49 lakh crore (Rs 4.06 lakh crore).

Futures trading in energy - which includes crude oil and natural gas - was up 34% in September at Rs 1.80 lakh crore (Rs 1.34 lakh crore), while it increased 18% to Rs 5.10 lakh crore (Rs 4.31 lakh crore).

Base metal turnover in the September quarter was up 28% to Rs 6.93 lakh crore as volatile prices pushed traders to hedge their risk.

The turnover on NCDEX too was up nine per cent for the quarter at Rs 1.57 lakh crore (Rs 1.44 lakh crore). However, month-wise, it was down 24 per cent at Rs 38,248 crore (Rs 50,574 crore) due to a sharp fall in edible oil prices and drop in edible oil imports.


Commodity Arrivals Rate
Mustard Oil 26 8700.00
Coconut Oil 35 18350.00
Arecanut 3.5 2000.00
Sugar NR 3950.00