Millennium Post

Commexes’ total turnover dips 43% till Jan 15 of this fiscal

The turnover of commodity exchanges fell by 43 per cent to Rs 48.54 lakh crore till January 15 of the current fiscal due to poor participation, according to the Forward Markets Commission (FMC).

These exchanges had made a business of Rs 85.28 lakh crore between April and January 15 of the last financial year. According to the latest data released by commodity markets regulator FMC, there was fall in business in almost all commodities. The maximum decline in turnover was reported in bullion, metals, energy and agricultural commodities.
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