Agri-commodity bourse NCDEX on Tuesday said it has increased the maximum compensation limit from its investor protection fund to Rs 5 lakh from Rs 2.5 lakh earlier with effect from February this year. The objective of the protection fund, which is administered by way of registered Trust, is to compensate investors in the event of Read More
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
Cotton and guar gum futures gained on the Multi Commodity Exchange (MCX) and the National Commodities and Derivatives Exchange (NCDEX), respectively, in the initial hour of trading on Friday morning. On MCX, the December cotton futures were trading at ₹32,260 on Friday morning as against the previous close of ₹32,030, up by 0.72 per cent. 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
Markets watchdog Sebi on Friday barred commodity exchange NCDEX from launching new mustard seed contracts till further orders amid efforts to curb rising prices of mustard oil. The latest direction for the National Commodity & Derivatives Exchange Ltd (NCDEX) will come into immediate effect. In respect of running contracts, no new position will be allowed Read More
The Securities and Exchange Board of India may approve proposal of merger of National Commodity and Derivatives Exchange Limited with the National Stock Exchange (NSE) in this week. A source close to development told Zee Business that “In-principal approval of merger of NCDEX-NSE may come at any point of time”. In India, NCDEX was the Read More
The price of guarseed, which largely ruled flat during the first half of this year, began to see an upsurge in July. As a result, the continuous futures contract of guarseed on the National Commodity and Derivatives Exchange (NCDEX) started to rally on the back of the support at ₹4,000.
The crude oil futures were down by 0.55 per cent on the Multi Commodity Exchange (MCX) on Friday afternoon. On MCX, the January crude oil futures were trading at ₹5,477 against the previous close of ₹5,524 on Friday afternoon. Market participants felt that the likely increase of restrictive measures by various countries following the spread Read More
December natural gas futures declined by 2.69 per cent on the Multi Commodity Exchange (MCX) on Tuesday afternoon as globally prices dropped on the forecast of a mild winter this year. On MCX, December natural gas futures were trading at ₹289.40 against the previous close of ₹297.40 on Tuesday afternoon. Reports said the forecast of Read More
Cotton and guar gum futures gained on the Multi Commodity Exchange (MCX) and the National Commodities and Derivatives Exchange (NCDEX), respectively, in the initial hour of trading on Friday morning. On MCX, the December cotton futures were trading at ₹32,260 on Friday morning as against the previous close of ₹32,030, up by 0.72 per cent. Read More
According to market participants, export demand, slow arrivals and the production concerns are leading the increase in the price Cotton and guar gum futures gained on the Multi Commodity Exchange (MCX) and the National Commodities and Derivatives Exchange (NCDEX), respectively, in the initial hour of trading on Friday morning. On MCX, the December cotton futures Read More
Market participants felt that the price trends in the international markets and the increase in the import of some oils are the reasons for the downtrend in edible oils With soyabean oil trending lower globally, refined soyabean oil also traded lower on the National Commodities and Derivatives Exchange (NCDEX) on Wednesday afternoon. The December refined Read More
Refined soyabean oil futures opened lower on the National Commodities and Derivatives Exchange (NCDEX) on Wednesday as soyabean and oil prices dropped in the global market. On the National Commodities and Derivatives Exchange (NCDEX), December futures of the refined soyabean oil traded lower by 0.81 per cent to ₹1,219.60 during the initial hours of trading Read More
