Commodities Trading News
NCDEX Spot (NSPOT) launches Chana Contract
MUMBAI: NCDEX Spot Exchange Ltd. (NSPOT) has launched compulsory delivery contract of Chana Kantawala on its electronic platform from April 21, 2009. The delivery center for the contract would be at Indore with minimum trading lot of 10MT. All trades on the exchange are guaranteed by the exchange for delivery and payments. The tick size [...]
Value Demand For Gold In India Reaches An All Time Record
-Study by World Gold Council
Demand for gold in India reached an all time quarterly record of Rs. 30,600cr in Q3 2008, a 66% increase vs Q3 2007 as investors sought a safe haven and jewellery buyers returned to the market to take advantage of softer gold prices. In tonnage terms demand increased to 250 [...]
NCDEX and NSE float new power exchange
MUMBAI: The business operations of Power Exchange India Ltd (PXIL), an electricity exchange promoted as a joint venture between two of the largest and most respected exchanges in the capital and commodity markets respectively, NSE and NCDEX, was inaugurated by the Hon’ble Minister of Power, Shri Sushilkumar Shinde at a function held in New Delhi today.
PXIL [...]
