The turnover of the 23 commodity exchanges in the country has risen by 67 per cent to Rs 130.57 lakh crore in the current fiscal till December 15 on account of increased participation in gold and silver trading, the Forward Markets Commission (FMC) has said.
The business of these exchanges stood at Rs 78.32 lakh crore in the corresponding period last fiscal, the regulator said in a statement.
Much of the business was generated from gold, silver, crude oil, guarseed, soya oil and chana.
According to the FMC data, the turnover from bullion rose more than two-fold to Rs 77.08 lakh crore till December 15 of the 2011-12 fiscal from Rs 35.65 lakh crore in the year-ago period.
While business from farm commodities rose by 50 per cent to Rs 13.54 lakh crore from Rs 9 lakh crore, the turnover from energy items increased by 35.4 per cent to Rs 20.57 lakh crore from Rs 15.19 lakh crore in the review period.
During the December 1-15 period, Multi Commodity Exchange (MCX) generated the maximum turnover of Rs 7,06,289 crore among all the national commodity exchanges, followed by the NCDEX (Rs 84,829 crore), ICEX (Rs 11,884 crore), NMCE (Rs 11,777 crore) and ACE (Rs 6,890 crore).
At present, there are five national and 18 regional commodity exchanges in the country.