ABSTRACT Existing research studies did not sufficiently explain the determinants of rapidly growing total volume of commodity derivative market trading. All these led to the question that does the commodity derivative trading volume follow positive growth trend continuously?. The lowest monthly commodity derivative trading volume was found to have recorded mostly in the month of January. The highest monthly commodity derivative trading volume was recorded mostly in the month of November. The volume of trading has fallen down during the months of March, July, and December over corresponding months in previous year.