NCDEX Guar seed futures shine with 150% growth y-o-y: Exchange OI rose by 5.72% m-o-m

Mumbai, April 2, 2015: Guar seed-10 MT continued to remain star performer on NCDEX futures platform in March, 2015 month with volume growth of 150% y-o-y. The Open Interest on the National Commodity and Derivatives Exchange (NCDEX), the leading commodity Exchange for March 2015 also increased by 5.72% m-o-m and stood at Rs. 6455.27 crore. The ADTV for the month stood at Rs. 2457.58 crore with 58743 MT of commodities delivered through the Exchange platform in the month.

For the agri segment, the monthly total volume was Rs. 51536.02 crore. The top three commodities were Chana, Refined Soya Oil and Coriander. The total traded volume for Chana was Rs. 7807.18 crore, Refined Soya Oil was Rs. 7644.85 crore and for Coriander was Rs. 6831.95 crore. 

10 MT Guar seed has seen excellent participation; clocking a volume of Rs. 4355.89 crores, around 150% yoy growth. 

The Exchange has successfully launched the forward contracts and total 6828 MT got traded with traded value of 2057 lakh since launch of forward contracts and the commodities delivered through the Exchange platform was 6608 MT. 

Out of the above 623 MT got traded on Exchange with traded value of 546.55 lakh during the month of March-2015 and the commodities delivered through the Exchange platform was 533 MT during the month of March-2015.