Prof. Joshy Jacob, IIM Ahmedabad The Chinese commodities derivatives market has grown at a rapid pace in the recent past. Today, the Chinese commodities derivative exchanges are among the top-five globally. Out of the top-15 futures contracts in the world, nine are traded at the Chinese exchanges. Our recent field study on the Chinese markets […]
Leading agri-commodity bourse NCDEX is scheduled to launch futures trading in animal feed ‘Hi-pro soybean meal’ today on 17 February,2021. The futures contracts in Hi-pro soybean meal, expiring in the months of March to September will be available for trading at the time of the launch. The contract will have a trading and delivery unit […]
More futures contracts in China will be allowed to seek the participation of international investors by China Securities Regulatory Commission (CSRC), as the country’s regulatory body has opened expressed its intention to promote dual circulation in the derivatives markets. “Enhancing the opening to the overseas investors in our capital market will enable us to remove […]
The National Commodity and Derivatives Exchange (NCDEX) said it will relaunch futures contract of natural whitish sesame seeds (til) today. Sesaame seeds futures contract would be made available for trading from August 26. Unjha (Gujarat) will be the basis centre and Rajkot (Gujarat) as an additional delivery centre, adding one more product to the exchange’s […]
The commodity platform of the BSE (Bombay Stock Exchange) has facilitated the maiden delivery of 16,000 kg of almond at the exchange-designated warehouse in Navi Mumbai. The BSE is the only exchange globally to trade in almonds. The futures contract offers physical market participants an avenue to hedge their price risks and take delivery of […]
Oil prices collapsed to more than two-decade lows as traders grow concerned that storage facilities are reaching their limits, while equities were mixed, with some support coming from signs that the coronavirus may have peaked in Europe and the United States. The May futures contract for West Texas Intermediate (WTI), which represents the US’ shale […]
BSE, Asia’s oldest exchange, has commenced commodity derivatives trading in turmeric with a lot size of 10 tonnes. The launch of turmeric futures was done in Sangli, the Turmeric City of Maharashtra. The event witnessed immense support from the turmeric traders of the city. “Launch of trading in turmeric contracts is in line with our […]
Indian exporters of basmati rice, who have been facing uncertainty due to tensions between leading buyer Iran and the United States, will probably breathe easier with the launch of a futures contract that will enable hedging against such risks. The National Commodity and Derivatives Exchange Ltd (NCDEX) will today launch a basmati contract called Pusa […]
The apex cotton trade body, the Cotton Association of India (CAI), will ink an agreement with the Bombay Stock Exchange (BSE) to develop a cotton futures market for commodities derivatives trading in the BSE. Announcing the signing of a Memorandum of Understanding (MoU) with the BSE, CAI said the two bodies will join hands to […]
India’s Multi Commodity Exchange, the country’s largest commodity derivatives exchange, said it will launch options trading in Crude oil (100 barrels) futures from May 15. The regulator, Securities and Exchange Board of India, has approved the options contract last week, the exchange added. Two crude oil options contracts expiring on June 15 and July 17 […]