Types of Commodity Products

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: 10.00 a.m. to 11.30 / 11.55 p.m. Monday to Friday: 10.00 a.m. to 11.30 / 11.55 p.m. Monday to Friday: 10.00 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: 10.00 a.m. to 11.30 / 11.55 p.m. Monday to Friday: 10.00 a.m. to 11.30 / 11.55 p.m. Monday to Friday: 10.00 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: 10.00 a.m. to 11.30 / 11.55 p.m. Monday to Friday: 10.00 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: 10.00 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: 10.00 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: 10.00 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: 10.00 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: 10.00 a.m. to 11.30 / 11.55 p.m.* based on US daylight saving time period Monday to Friday: 10.00 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: 10.00 a.m. to 11.30 / 11.55 p.m. Monday to Friday: 10.00 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: 10.00 a.m. to 11.30 / 11.55 p.m.* based on US daylight saving time period Monday to Friday: 10.00 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: 10.00 a.m. to 11.30 / 11.55 p.m.* based on US daylight saving time period Monday to Friday: 10.00 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 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.

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: 10.00 a.m. to 11.30 / 11.55 p.m.* based on US daylight saving time period Monday to Friday: 10.00 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.