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India’s leading commodity derivatives exchange, Multi Commodity Exchange (MCX), recorded a total turnover of Rs. 67,144 crore for commodity futures and options contracts on 6 February 2025. Of this, Rs. 11,924 crore came from commodity futures, while Rs. 55,218 crore was generated from options on commodity futures.
Bullion Market Performance: Gold and silver futures saw notable activity, with gold futures contributing Rs. 3,496 crore in turnover. The GOLD Apr-25 contract gained by 0.17%, reaching Rs. 84,708 per 10 grams, while other gold variants like GOLDGUINEA and GOLDPETAL also saw slight increases. In contrast, silver futures faced a drop, with the SILVER Mar-25 contract declining by 0.76% to Rs. 95,240 per kg.
Base Metals Update: Base metal contracts contributed Rs. 1,319 crore to the turnover. Copper, zinc, and aluminium contracts saw positive movements, with copper up by 0.53%, zinc up by 0.56%, and aluminium rising by 0.57%. Copper futures alone clocked Rs. 781 crore in turnover.
Energy Sector Activity: Energy futures performed well, with crude oil and natural gas futures generating Rs. 2,013 crore. The CRUDEOIL Feb-25 contract gained by 0.8%, closing at Rs. 6,280 per barrel, while natural gas futures surged by 3.05%, reaching Rs. 294.4 per MMBTU.
Agricultural Commodities: In agricultural commodities, MENTHAOIL Feb-25 saw a slight gain of 0.13% to Rs. 917 per kg, while the COTTONCNDY May-25 contract fell by 0.72%, reaching Rs. 55,000 per candy.
Options Market Overview: The commodity options market recorded a significant turnover of Rs. 55,218 crore (notional), with premium turnover accounting for Rs. 888 crore. Among the top traded contracts were crude oil, natural gas, gold, and silver options. The CRUDEOIL Feb-25 Call Option at a strike price of Rs. 6,300 saw a sharp increase of 15.33%, while the most traded natural gas options included a Call Option at Rs. 290, which rose by 40.64%.
Disclaimer: DeshWale provides content for informational purposes only. The information shared should not be considered as professional advice. Readers are encouraged to seek guidance from a qualified expert or consultant before making any decisions.
