Indian commodity futures spicing up

Trading activity in India's commodity futures markets continue to climb. National Commodities and Derivatives Exchange of India (NCDEx) reported a record daily volume of INR2,617 crore ($590m) in underlying physical equivalents on 8 December.

Nearly half the business was generated by Guar seed futures with 30% from silver and 5% from gold futures.

Combined daily volume for the country's 21...