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Guar and Chana Star Performers on NCDEX with Vol. Rise of 154% and 93% Yoy in February-15

Mar 04, 2015   10:27 IST 
New Delhi, Delhi, India

Highlights:

  • Open Interest: Rs.6106 crore in February 2015; 7% increase as compared to previous month i.e. January 2015.

  • Total traded value of Rs.60521 crore with average daily traded value of Rs.2882 crore for the month of February 2015.

  • 85864 tonnes quantity delivered through the Exchange platform for the month of February 2015; 106% year on year increase.

  • Deliveries in forward segment cross 6000 tonnes mark.

 

 

 

 

Guar Seed -10 MT & Chana futures continued their good performance on NCDEX, for month of February, 2015 with a year on year growth of 154.54% and 93.23% respectively.

The recently launched forward segment on the exchange platform saw over 6200 tonnes of trade, valued at Rs. 1510 lakh, with over 6000 tonnes delivered through the Exchange platform since inception. In the month of February, 40 tonnes of commodities, valued at over Rs. 45 lakh were traded and 72 tonnes were delivered.

 

In the futures segment, the open interest for February, 2015 stood at Rs. 6106 crore, showing a 7% increase over the previous month. The ADTV for the month stood at Rs. 2882 crore and 85,864 tonnes of commodities were delivered through the Exchange platform in this month.

For the agri futures segment, the monthly total volume was Rs. 58341 crore, with Chana, Refined Soya Oil and Castor Seed being the highest traded. The total traded volume for Chana was Rs.12480 crore with a year-on-year increase of 93%. The 10 MT Guar seed has seen excellent participation; clocking a volume of Rs. 5465 crore, growth of 154.54% year on year.

 

About NCDEX e Markets Limited (NCDEX Spot Exchange):

NeML is a wholly owned subsidiary of NCDEX –the leading commodities future exchange in India. It is the leading national electronic spot marketplace with active contracts in Maharashtra, Rajasthan, Karnataka, Madhya Pradesh, Gujarat, Kerala, West Bengal, Bihar and Andhra Pradesh. NeML provides electronic markets for trading in a host of commodities, both agricultural and non-agricultural to various market participants. NeML provides a comprehensive service basket including trade-facilitation, collateral management, logistics and supply chain management and clearing and settlement.


 
 
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