In a first for India, the National Commodity & Derivatives Exchange (NCDEX) is set to launch two weather-sensitive indices — ‘Weather Index’ and ‘Rain Index’. The exchange has tied up with private weather forecasting company Skymet to source data points and analyse them to put out a composite value. While the composite Weather Index would Read More
To encourage farmer producer organisations (FPOs) to take benefit of trading in ‘options in goods’ on its platform, commodity bourse NCDEX on Monday said it will bear premium for trading up to 5,000 tonnes of chana and mustard seeds as part of its familiarisation initiative. This initiative is supported by markets regulator Sebi through a Read More
The pulses trading industry is unsure whether the stock holding limit on pulses–imposed by the government in July to tame inflation in food prices–will be extended. The order on stock holding limit was valid till October 31. Stock limit on pulses and cooking oils was one of several policy measures taken by the government to Read More
To reign in rising food inflation, the Securities and Exchange Board of India (Sebi) has barred exchanges from launching new futures contracts in seven food items for one year with immediate effect. The commodities are paddy (non-basmati), wheat, chana, mustard seeds and their derivatives, soybean and its derivatives, crude palm oil, and moong. In one Read More
Rubber and cotton futures were the top gainers on the Multi Commodity Exchange (MCX) on Wednesday morning, and natural gas and CPO (crude palm oil) futures were quoted lower. On the National Commodities and Derivatives Exchange (NCDEX), guar gum and turmeric (unpolished) futures traded lower and dhaniya and jeera futures were the top gainers. The Read More
National Commodity and Derivatives Exchange (NCDEX) on Tuesday said it has migrated its live trade data centre to Yotta Infrastructure Solutions. The partnership with Yotta has made NCDEX the country’s first and only exchange to operate from an Uptime-certified Tier-IV data centre, the commodity exchange said in a statement. “We are excited to partner with Read More
National Commodity and Derivatives Exchange Limited (NCDEX) on Monday launched the futures contract on NCDEX GUAREX, India’s first sectoral index in agri-commodities basket. NCDEX GUAREX is a price based index tracking the price movement in the futures contracts of its underlying i.e. Guar Seed and Guar Gum Refined Splits on a real-time basis. The weightage Read More
National E-Repository Limited (NERL), an NCDEX group company and a WDRA (Warehousing Development and Regulatory Authority) regulated entity has facilitated loans worth more than Rs 2,000 crore against electronic Negotiable Warehouse Receipts (eNWR) as on date. The first loan disbursed or pledge financed against eNWR on the NERL platform was in March 2018. NERL manages and facilitates the usage Read More
Recent Comments