Commodities Buzz: Average Daily Turnover On MCX Increased by 12.8% On Year In Q1 FY20

The average daily turnover (ADT) on the Multi Commodity Exchange has increased by 12.8% to Rs 27,473 crore in Q1 FY2019-20 from Rs 24,360 crore in the corresponding quarter of Q1 FY2018-19, the exchange noted in a latest update. MCXs total income (consolidated) increased by 30% to Rs. 110.84 crore for Q1 FY 2019-20. In the month of July, the turnover in MCX Gold (all variants) made a daily high of Rs 18, 191 crore and open interest also recorded a high of 30.8 tonnes.