Page 2 - Commodity Exchange

Commodity picks: 29 June, 2020

For the week ahead, mustard prices are expected to head towards Rs 4,765 per quintal

Commodity picks: 22 June, 2020

For the week ahead, mustard seed prices are expected to head towards Rs 4,850 and then to Rs 4,820

Commodity picks: 1 June, 2020

Maize is trading at Rs 1,236 per quintal in Gulabbagh

Exchanges report 38% decline in daily average commodity volumes in May

Lockdown, negative price fiasco at MCX among slew factors cited as reasons for decline

NCDEX launches agriculture index futures, trading to start on Tuesday

Agridex represents produce grown in India and is not linked to any external benchmark; it will be available initially for trading of contracts expiring in June, July, September and December

Commodity picks: 20 April, 2020

For the week ahead, soymeal prices are expected to move towards Rs 35,500 per tonne

Commodity derivatives trading beyond 5 p.m. discontinued during lockdown

All the five exchanges, including the MCX, NCDEX, and the ICEX, have capped trading timings to 5 pm. The MCX reports maximum trading in the evening session

Sebi directs comexes to do performance review of commodity contracts

The move is important because it will bring to light the utility, hedging and other key aspects of all contracts

Sebi allows exchanges to modify commodity derivatives contracts

Sebi has classified non-material modifications as symbol, description, tick size, strikes, margins etc

NCDEX's agri index launch by Diwali, chooses NSE IT to manage product

The index will have 10 Sebi-approved agri commodities. Once open for trading, the NCDEX index for agri and MCX index for non-agri commodities will theoretically complete a basket

Commodity picks: 22 July, 2019

Soybean at the benchmark Indore markets are trading at Rs 3,671 per quintal

NCDEX defers revision in risk management fee after strong protest by mandis

New fee structure would hurt traders with long-term positions; Mandis across Gujarat and Rajasthan had halted spot commodity trading in protest, leaving thousands of farmers stranded

Within a month of launch, DAT in steel futures contract sees sharp increase

ICEX started steel futures nearly a month ago while diamond futures were launched on this platform about a year ago