📷 Image: Wikimedia Commons / U.S. Department of Agriculture
Melissa Blair/USDA
Agriculture
Gujarat contributes 26% of NCDEX client‑traded turnover
✍️ The Times of India
🗓 07 Oct 2026, 07:46 AM
👁 68
The National Commodity & Derivatives Exchange reports that Gujarat accounted for 26% of its client‑traded turnover, the highest share among Indian states.
The National Commodity & Derivatives Exchange (NCDEX) released data showing that Gujarat contributed 26 per cent of the total client‑traded turnover on the platform. This share makes Gujarat the leading state in terms of client activity on the exchange, surpassing other major agricultural hubs.
NCDEX, which facilitates trading in a range of agricultural commodities such as soybeans, wheat and cotton, tracks turnover generated by its registered clients. The Gujarat figure reflects the state's strong participation in commodity futures, driven by its extensive agrarian base and active market players.
Analysts note that the high turnover share underscores Gujarat’s role in the national agricultural supply chain and could attract further investment in commodity‑related infrastructure and services.
The exchange did not disclose the absolute turnover value, focusing instead on the proportional contribution of each state. The data will be used to assess regional market dynamics and guide future policy support.
Overall, the 26 % share highlights Gujarat’s prominence in India’s commodity derivatives market, reinforcing its position as a key agricultural trading centre.
NCDEX, which facilitates trading in a range of agricultural commodities such as soybeans, wheat and cotton, tracks turnover generated by its registered clients. The Gujarat figure reflects the state's strong participation in commodity futures, driven by its extensive agrarian base and active market players.
Analysts note that the high turnover share underscores Gujarat’s role in the national agricultural supply chain and could attract further investment in commodity‑related infrastructure and services.
The exchange did not disclose the absolute turnover value, focusing instead on the proportional contribution of each state. The data will be used to assess regional market dynamics and guide future policy support.
Overall, the 26 % share highlights Gujarat’s prominence in India’s commodity derivatives market, reinforcing its position as a key agricultural trading centre.