Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Weekly Market Report: MCX Weekly Turnover Up 2.90 Per Cent, Metal Index Up 1.35 Per Cent

Date 16/02/2007

The total weekly turnover of all futures contracts of major commodities was Rs 51,202 crores during the week ended on Thursday (February 07-15) from previous week’s turnover of Rs 49,750 crores.

The MCX COMDEX closed at 2,143.7 down 3.48 points (-0.16 per cent) during the course of the week; while the MCX Agri Index closed at 1,687,2 down 9.94 points (-0.59 per cent); MCX Energy Index closed at 2,080.7, down 35.31 points (-1.67 per cent) and MCX Metal Index closed at 2,663.4, up 35 points (1.35 per cent).

In the Bullion segment, all MCX Gold contracts registered a turnover of Rs. 14,286.84 crore, while all MCX Silver contracts have recorded a turnover of Rs. 13,587.09 crore. The open interest for all MCX Gold contracts was 11386 kgs and the total volume recorded was 149,372 kgs. The total volume of all Silver contracts recorded was 6,709,610 kgs. The open interest for all MCX Silver contracts for the week was 377,555 kgs.

In the Metal segment, all MCX Copper contracts registered a turnover of Rs. 7648.78 crore with open interest of 17,700 tons and recorded total volume of 303,888 tons; while all MCX Zinc contracts recorded a turnover of Rs. 3881.09 crore, with open interest of 19,360 tons and recorded 268,360 tons as total volume.

In the Energy segment, all MCX crude oil contracts registered a turnover of Rs. 7,055.95 crore with open interest of 27,143,800 barrels and recorded total volume of 994,600 barrels; while all MCX natural gas contracts recorded a turnover of Rs. 901 crore with open interest of 1,701,000 mmbtu and recorded 27 ,467,000 mmBtu as total volume.

Some of the other major agri-commodities traded on MCX registered the following turnover:
  • All Guarseed contracts registered a turnover of Rs. 122.87 crore, with open interest of 9,140 tons and total volume recorded was 64,200 tons.
  • All MCX Mentha Oil contracts registered a turnover of Rs. 633.29 crore, with open interest of 1,919 tons and total volume recorded was 10,548 tons.
  • All MCX Refined Soy Oil contracts with open interest of 43050 tons registered a turnover of Rs. 744.46 crore and total volume recorded was 166,040 tons.
  • All MCX Cardamom contracts registered a turnover of Rs. 114.47 crore, with open interest of 485 tons and total volume recorded was 2392.1 tons.
MCX – COMDEX
Open: 2171.69 High: 2182.88 Low: 2136.18 Close: 2143.7

Previous close: 2147.18

The Index was up 3.48 points or 0.16 per cent