Monthly Archives: January 2009

NCDEX has turnover of Rs 27.01 Billion

The National Commodity and Derivative Exchange’s daily turnover reached Rs 27.01 billion, with 2,075 users participating in trading on January 29, 2009.  More than 113,727 trades took place, with some of the highest trades being Soya bean, Soya Oil, Sugar, … Continue reading

Posted in Chana, Guar Seed, India, National Commodity and Derivative Exchange, NCDEX, Rape Mustard Seed, Soya Bean, Soya Oil, Sugar, Trading, Turmeric | Leave a comment

NCDEX Revised Transaction Charges

NCDEX recently announced a revision in transaction charges, after it had previously decided against new transaction charges in the beginning of January due to opposition it received from the FMC.  NCDEX notified the FMC on Tuesday of the revised transaction … Continue reading

Posted in FMC, India, National Commodity and Derivative Exchange, NCDEX | Leave a comment

NCDEX to Re-Launch Domestic Thermal Coal Futures

A top official has stated NCDEX is going to modify and re-launch domestic thermal coal futures, and may also launch import coal futures.  Domestic thermal coal futures were initially launched in September, but the contract has not succeeded in gaining … Continue reading

Posted in India, National Commodity and Derivative Exchange, NCDEX, Thermal Coal Futures | Leave a comment

Government May Lift Ban on Grains

  A leading official has stated the government may end a 2 year ban on the trading of wheat and rice futures, due to large crops and lower prices that are being predicted this year.  It is predicted that the … Continue reading

Posted in Agricultural Products, Commodities, India, Indian agriculture, Lentils, National Commodity and Derivative Exchange, NCDEX, Rice Futures, Wheat Futures | Leave a comment

NCDEX has turnover of Rs 17.52 Billion

The National Commodity and Derivative Exchange’s daily turnover reached Rs 17.52 billion, with 2,024 users participating in trading on January 15, 2009.  More than 80,287 trades took place, with some of the highest trades being Soya bean, Soya Oil, Rape … Continue reading

Posted in Guar Seed, India, National Commodity and Derivative Exchange, NCDEX, Rape Mustard Seed, Soya Bean, Soya Oil, Sugar, Trading | Leave a comment

NCDEX has turnovers of Rs 14.98 and 20.18 Billion

The National Commodity and Derivative Exchange’s daily turnover reached Rs 14.98 billion, with 1,954 users participating in trading on January 14, 2009.  More than 65,623 trades took place, with some of the highest trades being Soya bean, Soya Oil, Rape … Continue reading

Posted in Guar Seed, National Commodity and Derivative Exchange, NCDEX, Rape Mustard Seed, Soya Bean, Soya Oil, Sugar, Trading | Leave a comment

Turmeric Futures Rise on Wednesday, after Falling on Tuesday

Turmeric futures finally rose Wednesday morning, signifying fresh buying.  The NCDEX Turmeric April 2009 contract opened at Rs 3641 and hit a high of Rs 3667 per 100 kg. The counter currently trades at Rs 3654, up Rs 16 or … Continue reading

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Turmeric Futures Fell Once More

Turmeric futures fell again on Tuesday in the domestic futures market.  There is still hope for Turmeric because it is predicted that the lower arrivals and heavy export demand should stop Turmeric from falling any further. The contract fell almost … Continue reading

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IPE and NCDEX Contract

The NCDEX and the IPE decided they are going to have a project that allows Indian participants to trade rupee-denominated Brent Crude futures contracts.  The Brent Crude contract will give Indian companies  a chance to hedge in on oil price risk … Continue reading

Posted in Exchange Prices, India, NCDEX, Trading | Leave a comment