NMCE to launch new futures contracts in 13 commodities
August 14th, 2008 - 7:16 pm ICT by IANS
Ahmedabad, Aug 14(IANS) The National Multi-Commodity Exchange (NMCE) here is launching Saturday a new series of futures contracts in 13 commodities, besides three ’spread series’ in pepper. The new series in six of the 13 commodities - cardamom, copra, cumin seed, guar gum, gold and silver - will expire on November 15, 2008, an NMCE statement said here Thursday.
The new series in the other commodities - rape/mustard seed, coconut oil and sack - will expire on December 15, kilo gold on February 5, 2009, and that in pepper, castor seed (10 MT) and isabgol (psyllium seed) on February 14, 2009.
The new ’spread series’ in pepper will be available for futures trading, spread over from August 16 through September 15, October 15 and November 15, 2008, respectively.
NMCE provides an electronic platform for futures trading also in guar seed, turmeric, menthol crystal, raw jute and non-ferrous base metals, among other commodities.
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- New metals, menthol, jute contracts launched - Jul 31, 2008
- New guar seed, turmeric contracts to be launched - Jul 09, 2008
- Commodity exchange introduces futures contracts in coffee - Apr 02, 2008
- NMCE launches new series in metals, menthol, jute - Mar 31, 2008
- Multi-commodity exchange launches four new contracts - Apr 10, 2008
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- Pepper settles at Rs.14,375 at commodity exchange - Apr 17, 2008
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- Pepper contract at Rs.14,464 per quintal - Jun 17, 2008
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Tags: base metals, cardamom, castor seed, coconut oil, commodities, copra, cumin seed, electronic platform, futures contracts, gold and silver, guar gum, guar seed, kilo, multi commodity exchange, mustard seed, nmce, november 15, psyllium, psyllium seed, raw jute