Types of Commodity Products

Futures are available on the following Commodities at present.

Bullion	Gold and Silver
Oil & Oil Seeds	*Castor seeds, Soy Seeds, Castor Oil, Refined Soy Oil,Soymeal,Crude Palm Oil
	Cotton seed, Oilcake, Cottonseed, Mentha Oil
Spices	Black Pepper, Red Chilli, Jeera, Turmeric, Cardamom, Coriander
Metals	Copper, Nickel, Steel, Zinc, Aluminium and Lead
Fibre	Kapas, Cotton
Pulses	Chana
Cereals	Wheat, Maize
Energy	Crude Oil, Natural Gas
Others	Rubber, Sugar, Gur

Note : The above list may not show all Commodities as the exchanges continue to add new products

Contract Specifications for Gold

Specifications	Gold	Gold Mini	Gold Guinea
Description	GOLDMMMYY	GOLDMMMYY	GOLDGUINEAMMYY
Contract Listing	Contracts are available as per the Contract LaunchCalendar.	Contracts are available as per the Contract LaunchCalendar.	Contracts are available as per the Contract LaunchCalendar.
Contract Start Day	16th day of contract launch month. If 16th day is a holiday, then the following working day.	6th day of contract launch month. If 6th day is a holiday,then the following working day.	1st day of contract launch month. If 1st day is a holiday, then the following working day.
Last Trading Day	5th day of contract expiry month. If 5th day is a holiday,then preceding working day.	5th day of contract expiry month. If 5th day is a holiday,then preceding working day.	Last calendar day of the contract expiry month. If lastcalendar day is a holiday, then preceding working day.
Trading Period	Mondays through Friday.	Mondays through Friday.	Mondays through Friday.
Trading Session	Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.	Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.	Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.
Trading Unit	1 kg	100 grams	8 grams
Quotation/ Base Value	10 grams	10 grams	8 grams
Maximum Order Size	10 Kg	10 Kg	10 Kg
Tick Size (Minimum Price Movement)	Re. 1 per 10 grams	Re. 1 per 10 grams	Re. 1 per 8 grams
Initial Margin	Minimum 4% or based on SPAN whichever is higher	Minimum 4% or based on SPAN whichever is higher	Minimum 5% or based on SPAN whichever is higher
Delivery Centre(s)	Designated clearinghouse facilities at Ahmedabad.	At designated Clearing House facilities at Ahmedabad and at additional delivery centers at Mumbai and Delhi/ New Delhi for procedure please refer circular no. MCX/198/2005.	Designated Clearing House facilities at Ahmedabad and additional delivery centers at New Delhi and Mumbai.
Tender Period	1st to 6th day of the contract expiry month except Saturdays, Sundays and Trading Holidays.	1st to 6th day of the contract expiry month except Saturdays, Sundays and Trading Holidays.	5 preceding working days before the contract expiry month.
Delivery Period	1st to 6th day of the contract expiry month except Saturdays, Sundays and Trading Holidays.	1st to 6th day of the contract expiry month except Saturdays, Sundays and Trading Holidays.	Two working day after the contract expiry.
Daily Price Limits	The base price limit will be 3%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9% In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% beyond the maximum permitted limit, and inform the Commission immediately	The base price limit will be 3%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9% In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% informed to the Regulator immediately.	The base price limit will be 3%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9% In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% informed to Regulator immediately.

Contract Specifications for Silver

Specifications	Silver	Silver Mini	Silver Micro
Description	SILVERMMMYY	SILVERM MMYY	SILVERMICMMYY
Contract Listing	Contracts are available as per the Contract LaunchCalendar.	Contracts are available as per the Contract LaunchCalendar.	Contracts are available as per the Contract LaunchCalendar.
Contract Start Day	16th day of contract launch month. If 16th day is aholiday, then the following working day.	16th day of contract launch month. If 16th day is aholiday, then the following working day.	1st day of contract launch month. If 1st day is a holiday, then the following working day.
Last Trading Day	5th day of contract expiry month. If 5th day is a holiday,then preceding working day.	Last calendar day of the contract expiry month. If last calendar day is a holiday, then preceding working day.	Last calendar day of the contract expiry month. If lastcalendar day is a holiday, then preceding working day.
Trading Period	Mondays through Friday.	Mondays through Friday.	Mondays through Friday.
Trading Session	Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.	Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.	Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.
Trading Unit	30 Kg	5 Kg	1 Kg
Quotation/ Base Value	1 Kg	1 Kg	1 Kg
Maximum Order Size	600 Kg	600 Kg	600 Kg
Tick Size (Minimum Price Movement)	Re. 1 per Kg	Re. 1 per 10 Kg	Re. 1 per Kg
Initial Margin	Minimum 4% or based on SPAN whichever is higher	Minimum 4% or based on SPAN whichever is higher	Minimum 5% or based on SPAN whichever is higher
Delivery Centre(s)	Ahmedabad at designated Clearing House facilities.	Ahmedabad at designated Clearing House facilities.	Ahmedabad at designated Clearing House facilities.
Tender Day	1st to 6th day of the contract expiry month except Saturdays, Sundays and Trading Holidays.	1st working day after expiry of contract.	1st working day after expiry of contract.
Tender & Delivery Period	1st to 6th day of the contract expiry month except Saturdays, Sundays and Trading Holidays.	1st to 2nd working days after expiry of the contract.	1st to 2nd working days after expiry of the contract.
Daily Price Limits	The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9%. In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% beyond the maximum permitted limit, and inform the commission immediately.	The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9% In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% beyond the maximum permitted limit, and inform the commission immediately.	The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9% In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% beyond the maximum permitted limit, and inform the commission immediately.

Contract Specifications for Crude Oil

Specifications	Crude Oil	Crude Oil Mini
Description	CRUDEOILMMMYY	CRUDEOILMMMMYY
Contract Listing	Contracts are available as per the Contract LaunchCalendar.	Contracts are available as per the Contract LaunchCalendar.
Contract Start Day	As per the Contract Launch Calendar.	As per the Contract Launch Calendar.
Last Trading Day	As per the Contract Launch Calendar.	As per the Contract Launch Calendar.
Trading Period	Mondays through Friday.	Mondays through Friday.
Trading Session	Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.	Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.
Trading Unit	100 barrels	10 barrels
Quotation/ Base Value	Rs. Per barrel	Rs. Per barrel
Maximum Order Size	10,000 barrels	10,000 barrels
Tick Size (Minimum Price Movement)	Re. 1	Re. 1
Initial Margin	Minimum 4% or based on SPAN whichever is higher	Minimum 4% or based on SPAN whichever is higher
Delivery Centre(s)	Port installation at Mumbai/ JNPT port.	Port installation at Mumbai/ JNPT port.
Tender Day	1st working day after expiry of contract.	1st working day after expiry of contract.
Tender & Delivery Period	1st to 2nd working days after expiry of the contract.	1st to 2nd working days after expiry of the contract.
Daily Price Limits	The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9%. In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3%.and informed to the Regulator immediately.	The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9%. In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3%. and informed to the Regulator immediately.

Contract Specifications for Natural Gas

Specifications	Natural Gas
Description	NATURALGASMMMYY
Contract Listing	Contracts are available as per the Contract LaunchCalendar.
Contract Start Day	As per the Contract Launch Calendar.
Last Trading Day	As per the Contract Launch Calendar.
Trading Period	Mondays through Friday.
Trading Session	Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.* based on US daylight saving time period.
Trading Unit	1250 mmBtu
Quotation/ Base Value	Rs. per mmBtu
Maximum Order Size	20,000 mmBtu
Tick Size (Minimum Price Movement)	10 paise (0.10 rupees)
Initial Margin	Minimum 4% or based on SPAN whichever is higher
Delivery Centre(s)	Hazira Hub
Tender Day	1st working day after expiry of contract.
Tender & Delivery Period	1st to 2nd working days after expiry of the contract.
Daily Price Limits	The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9% In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% and informed to the regulator immediately

Contract Specifications for Mentha Oil

Specifications	Mentha Oil
Description	MENTHAOILMMMYY
Contract Listing	Contracts are available as per the Contract LaunchCalendar.
Contract Start Day	1st day of contract launch month. If 1st day is a holiday, then the following working day.
Last Trading Day	Last calendar day of the contract expiry month. If last calendar day is a holiday, then the preceding working day.
Trading Period	Mondays through Friday.
Trading Session	Monday to Friday: 9.00 a.m. to 5.00 p.m.
Trading Unit	360 kg (2 drums)
Quotation/ Base Value	I Kg
Maximum Order Size	18000 kg (100 drums)
Tick Size (Minimum Price Movement)	10 paise
Initial Margin	Minimum 4% or based on SPAN whichever is higher
Delivery Centre(s)	At Exchange, designated warehouse at Chandausi
Tender Period	Last five working days of the contract expiry and 1st working day after expiry of the contract.
* Delivery period (including delivery pay-out of Commodities)	Three working days after expiry of the contract.
Daily Price Limits	DPL shall have two slabs - Initial and Enhanced Slab. Once the initial slab limit of 3% is reached in any contract, then after a period of 15 minutes, this limit shall be increased further by enhanced slab of 1%, only in that contract. The trading shall be permitted during the 15 minutes’ period within the initial slab limit. After the DPL is enhanced, trades shall be permitted throughout the day within the enhanced total DPL of 4%.

Contract Specifications for Cotton

Specifications	Cotton
Description	COTTONMMMYY
Contract Listing	Contracts are available as per the Contract LaunchCalendar.
Contract Start Day	1st day of contract launch month. If 1st day is a holiday, then the following working day.
Last Trading Day	Last calendar day of the contract expiry month. If last calendar day is a holiday, then the preceding working day.
Trading Period	Mondays through Friday.
Trading Session	Monday to Friday: 9.00 a.m. to 9.00 \ 9.30 p.m.
Trading Unit	25 bales
Quotation/ Base Value	Rs. Per bale (of 170 Kg)
Maximum Order Size	1200 bales
Tick Size (Minimum Price Movement)	Rs.10
Initial Margin	Minimum 4% or based on SPAN whichever is higher
Basic Delivery Centre	Rajkot (Gujarat)
Tender Period	Last five working days of the contract expiry and 1st working day after expiry of the contract.
* Delivery period (including delivery pay-out of Commodities)	Two working days after expiry of the contract.
Daily Price Limits	DPL shall have two slabs - Initial and Enhanced Slab. Once the initial slab limit of 3% is reached in any contract, then after a period of 15 minutes, this limit shall be increased further by enhanced slab of 1%, only in that contract. The trading shall be permitted during the 15 minutes’ period within the initial slab limit. After the DPL is enhanced, trades shall be permitted throughout the day within the enhanced total DPL of 4%.

Contract Specifications for Cardamom

Specifications	CARDAMOMMMYY
Description	COTTONMMMYY
Contract Listing	Contracts are available as per the Contract LaunchCalendar.
Contract Start Day	Contract launch date shall be the 16th day of contract launch month. If 16th day is a holiday, then the following working day.
Last Trading Day	15th of the contract expiry month. If 15th is a holiday, then preceding working day.
Trading Period	Mondays through Friday.
Trading Session	Monday to Friday: 9.00 a.m. to 5 p.m.
Trading Unit	100 KG (1 quintal)
Quotation/ Base Value	Rs. per Kg
Maximum Order Size	5000 KG (50 quintals)
Tick Size (Minimum Price Movement)	10 paisa per Kg
Initial Margin	Minimum 4% or based on SPAN whichever is higher
Delivery Centre	At Exchange, designated warehouse at Vandanmedu in Idukki Dist. of Kerala State
Tender Period	Last 10 days (including expiry day) of the contract and 1st working day after expiry of the contract.
* Delivery period (including delivery pay-out of Commodities)	Last 10 days (including expiry day) of the contract and 2 working days after expiry of the contract.
Daily Price Limits	DPL shall have two slabs - Initial and Enhanced Slab. Once the initial slab limit of 3% is reached in any contract, then after a period of 15 minutes, this limit shall be increased further by enhanced slab of 1%, only in that contract. The trading shall be permitted during the 15 minutes’ period within the initial slab limit. After the DPL is enhanced, trades shall be permitted throughout the day within the enhanced total DPL of 4%.

Contract Specifications for Aluminium

Specifications	Aluminium	Aluminium Mini
Description	ALUMINIUMMMMYY	ALUMINIMMYY
Contract Listing	Contracts are available as per the Contract LaunchCalendar.	Contracts are available as per the Contract LaunchCalendar.
Contract Start Day	1st day of contract launch month. If 1st day is a holiday, then the following working day.	1st day of contract launch month. If 1st day is a holiday, then the following working day.
Last Trading Day	Last calendar day of the contract expiry month. If last calendar day is a holiday or Saturday, then preceding working day.	Last calendar day of the contract expiry month. If last calendar day is a holiday or Saturday, then preceding working day.
Trading Period	Mondays through Friday.	Mondays through Friday.
Trading Session	Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.* based on US daylight saving time period	Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.* based on US daylight saving time period
Trading Unit	5 Tons	1 MT
Quotation/ Base Value	1 kg	Rs. per kg
Maximum Order Size	150 MT	150 MT
Tick Size (Minimum Price Movement)	5 paise per kg	5 paise
Initial Margin	Minimum 4% or based on SPAN whichever is higher	Minimum 4% or based on SPAN whichever is higher
Delivery Centre(s)	Exchange designated warehouse at Bhiwandi	Exchange designated warehouse at Bhiwandi
Tender Period	1st working day after expiry of contract.	1st working day after expiry of contract.
Tender & Delivery Period	1st to 2nd working days after expiry of the contract.	1st to 2nd working days after expiry of the contract.
Daily Price Limits	The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9%. In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% informed to the Regulator immediately	The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9%. In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% informed to the Regulator immediately.

Contract Specifications for Copper

Specifications	Copper	Copper Mini
Description	COPPERMMMYY	COPPERMMMYY
Contract Listing	Contracts are available as per the Contract LaunchCalendar.	Contracts are available as per the Contract LaunchCalendar.
Contract Start Day	1st day of contract launch month. If 1st day is a holiday, then the following working day.	1st day of contract launch month. If 1st day is a holiday, then the following working day.
Last Trading Day	Last calendar day of the contract expiry month. If last calendar day is a holiday or Saturday, then preceding working day.	Last calendar day of the contract expiry month. If last calendar day is a holiday or Saturday, then preceding working day.
Trading Period	Mondays through Friday.	Mondays through Friday.
Trading Session	Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.	Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.
Trading Unit	1 MT	250 kilograms
Quotation/ Base Value	1 kg	1 kg
Maximum Order Size	70 MT	70 MT
Tick Size (Minimum Price Movement)	5 paise per kg	5 paise
Initial Margin	Minimum 4% or based on SPAN whichever is higher	Minimum 4% or based on SPAN whichever is higher
Delivery Centre(s)	Within 20 kilometers outside Mumbai octroi limit.	Within 20 kilometers outside Mumbai octroi limit.
Tender Period	1st working day after expiry of contract.	1st working day after expiry of contract.
Tender & Delivery Period	1st to 2nd working days after expiry of the contract.	1st to 2nd working days after expiry of the contract.
Daily Price Limits	The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9%. In case price movement in international markets is more than the maximum daily price limit (i.e 9%), the same may be further relaxed in steps of 3% beyond the maximum permitted limit, and inform the Commission immediately.	The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9%. In case price movement in international markets is more than the maximum daily price limit (i.e 9%), the same may be further relaxed in steps of 3% and inform the Commission immediately.

Contract Specifications for Lead

Specifications	Lead	Lead Mini
Description	LEADMMMYY	LEADMINIMMYY
Contract Listing	Contracts are available as per the Contract LaunchCalendar.	Contracts are available as per the Contract LaunchCalendar.
Contract Start Day	1st day of contract launch month. If 1st day is a holiday, then the following working day.	1st day of contract launch month. If 1st day is a holiday, then the following working day.
Last Trading Day	Last calendar day of the contract expiry month. If last calendar day is a holiday or Saturday, then preceding working day.	Last calendar day of the contract expiry month. If last calendar day is a holiday or Saturday, then preceding working day.
Trading Period	Mondays through Friday.	Mondays through Friday.
Trading Session	Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.* based on US daylight saving time period	Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.* based on US daylight saving time period
Trading Unit	5 Tons	1 MT
Quotation/ Base Value	Rs. per kg	Rs. per kg
Maximum Order Size	100 tons	100 tons
Tick Size (Minimum Price Movement)	5 paise per kg	5 paise per kg
Initial Margin	Minimum 4% or based on SPAN whichever is higher	Minimum 4% or based on SPAN whichever is higher
Delivery Centre(s)	Within 20 kilometers outside Mumbai octroi limit.	Within 20 kilometers outside Mumbai octroi limit.
Tender Day	1st working day after expiry of contract.	1st working day after expiry of contract.
Tender & Delivery Period	1st to 2nd working days after expiry of the contract.	1st to 2nd working days after expiry of the contract.
Daily Price Limits	The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9%. In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3%. informed to the Regulator immediately.	The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9%. In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% informed to the Regulator immediately.

Contract Specifications for Nickel

Specifications	Nickel	Nickel Mini
Description	NICKELMMMYY	NICKELMMMYY
Contract Listing	Contracts are available as per the Contract LaunchCalendar.	Contracts are available as per the Contract LaunchCalendar.
Contract Start Day	1st day of contract launch month. If 1st day is a holiday, then the following working day.	1st day of contract launch month. If 1st day is a holiday, then the following working day.
Last Trading Day	Last calendar day of the contract expiry month. If last calendar day is a holiday or Saturday, then preceding working day.	Last calendar day of the contract expiry month. If last calendar day is a holiday or Saturday, then preceding working day.
Trading Period	Mondays through Friday.	Mondays through Friday.
Trading Session	Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.* based on US daylight saving time period	Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.* based on US daylight saving time period
Trading Unit	250 Kg	100 Kg
Quotation/ Base Value	1 Kg	1 Kg
Maximum Order Size	24 MT	24 MT
Tick Size (Minimum Price Movement)	10 paise per kg	10 paise per kg
Initial Margin	Minimum 5% or based on SPAN whichever is higher	Minimum 5% or based on SPAN whichever is higher
Delivery Centre(s)	Within 20 kilometers outside Mumbai octroi limit.	Within 20 kilometers outside Mumbai octroi limit.
Tender Day	1st working day after expiry of contract.	1st working day after expiry of contract.
Tender & Delivery Period	1st to 2nd working days after expiry of the contract.	1st to 2nd working days after expiry of the contract.
Daily Price Limits	The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9%. In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% informed to the Regulator immediately.	The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9%. In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% informed to Regulator immediately.

Contract Specifications for Zinc

Specifications	Zinc	Zinc Mini
Description	ZINCMMMYY	ZINCMINIMMYY
Contract Listing	Contracts are available as per the Contract LaunchCalendar.	Contracts are available as per the Contract LaunchCalendar.
Contract Start Day	1st day of contract launch month. If 1st day is a holiday, then the following working day.	1st day of contract launch month. If 1st day is a holiday, then the following working day.
Last Trading Day	Last calendar day of the contract expiry month. If last calendar day is a holiday or Saturday, then preceding working day.	Last calendar day of the contract expiry month. If last calendar day is a holiday or Saturday, then preceding working day.
Trading Period	Mondays through Friday.	Mondays through Friday.
Trading Session	Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.* based on US daylight saving time period	Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.* based on US daylight saving time period
Trading Unit	5 Tons	1 MT
Quotation/ Base Value	Rs. per kg	Rs. per kg
Maximum Order Size	100 tons	100 tons
Tick Size (Minimum Price Movement)	5 paise per kg	5 paise per kg
Initial Margin	Minimum 4% or based on SPAN whichever is higher	Minimum 4% or based on SPAN whichever is higher
Delivery Centre(s)	Within 20 kilometers outside Mumbai octroi limit.	Within 20 kilometers outside Mumbai octroi limit.
Tender Day	1st working day after expiry of contract.	1st working day after expiry of contract.
Tender & Delivery Period	1st to 2nd working days after expiry of the contract.	1st to 2nd working days after expiry of the contract.
Daily Price Limits	The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily p0rice limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9%. In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% informed to the Regulator immediately.	The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9%. In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% informed to Regulator immediately.