The forwards segment on National Commodity and Derivatives Exchange (NCDEX), the leading commodity exchange in India has seen robust and consistent growth in July 2015 with 1,044 tonnes of agricultural commodities traded. Additionally, 12 kg. of gold was traded in the recently launched Gold Now forwards segment of the Exchange.
The forwards segment which was launched in September last year, has seen an encouraging response and has registered volume of 19,102 tonnes of agricultural commodities, valued at Rs. 87.39 crore, with 18,872 tonnes of goods delivered. The Gold Now forwards platform has seen 15 kg of gold traded and delivered since its launch.