FORWARD MARKETS COMMISSION, MUMBAI

FORWARD MARKETS COMMISSION, MUMBAI
Highlights/ Important Developments for the fortnight from 16.9.2014 to 30.9.2014
1. Total value of trading at the Commodity Exchanges during the fortnight, 16th September, 2014 to 30th September,
2014 was ₹ 2,86,527.94 crore. The cumulative value of trade from 1stApril, 2014 upto 30th September, 2014 during
the financial year 2014-15 was ₹ 29,82,481.33 crore. The corresponding figures for the previous year were
₹ 3, 28,805.86 crore and ₹ 65, 58,571.67 crore respectively.
2. The Commission on 18th September, 2014 conveyed its approval to the appointment of Mr. Kevin Pius D’sa,
representing Bajaj Holdings and Investment Limited and Mr. Rakesh Gupta, representing Punjab National Bank as
Shareholder Directors on the Board of the NMCE, Ahmedabad till the next Annual General Meeting.
3. The Commission on 22nd September 2014 conveyed its approval relating to grant of extension of time for
appointment of Managing Director & CEO of MCX, Mumbai, for a period of 2 months from the date of letter i.e.
3rd September, 2014.
4. The Commission on 22nd September, 2014 conveyed its approval for amendments to the Articles of Association of
NCDEX. By these amendments, the Exchange has incorporated the directives issued by the Commission on 11th
June, 2014 with respect to revised norms on “Constitution of Board of Directors, Committees, Nomination and
Role on Independent Directors and appointment of Chief Executives at the Nationwide Multi Commodity
Exchanges” in the Articles of Association of the Exchange.
-1-
5. The Commission reviewed the status with regard to compliance with the order dated 17.12.2013 passed by the
Commission declaring inter alia FTIL as not fit and proper person to be a shareholder in MCX. The progress made
by the Exchange with respect to implementation of the findings in the report of PwC and the Oversight
Committee was also examined on the basis of updates received from the Exchange. Keeping in view the progress
made by MCX in the execution of technology agreement with FTIL which was set as pre-condition for executing
the Share Purchase Agreement (SPA) between Kotak Mahindra Bank Limited (KMBL) and FTIL, and also taking into
cognizance, the progress made by the Exchange in the implementation of the report of the PwC and Oversight
Committee, the Commission, vide its letter dated 17th September 2014 directed MCX inter alia, that Exchange can
launch contracts upto March 2015 as soon as it signed a new technology agreement with FTIL and it can launch all
its contracts for the year 2015 once the divestment of shares held by FTIL in MCX is completed.
On 27th September, 2014, MCX apprised the Commission that it has entered into the master amendment to the
principal agreements with FTIL pertaining to technology support and managed services from FTIL which was a
pre-condition for execution of SPA between KMBL and FTIL. The amended technology agreement comprise the
following key changes in the original agreement:
a) Reduction in tenure upto October 2022
b) Lowering of fixed charge for Software Support & Managed Services from ₹2 crores to ₹1.5 crores per
month.
c) Lowering of variable charge from 12.5% to 10.3% of the gross transaction charges received by MCX on a
monthly basis.
-2-
Subsequently on 29th September 2014, MCX informed the Commission that the SPA between KMBL and FTIL has
been executed and KMBL has acquired equity shares aggregating to 15% of stake in MCX from FTIL, making
FTIL’s stake in MCX’s equity zero, thereby fully complying with the order of the Commission dated 17.12.2013 as
well as the revised norms regarding shareholding, ownership, net-worth, fit and proper criteria etc., of the nationwide multi-commodity exchanges issued by the Commission on 06.05.2014. In view of the aforesaid compliances
made by MCX, the Commission on 29th September, 2014 permitted the Exchange to launch their contracts for the
calendar year 2015.
6. In a landmark measure by the Commission to bring effective price discovery and efficiency in physical markets,
first time ever in online Exchanges, Delivery based Forward Contracts were launched on 25th September 2014 by
NCDEX. Forward Contracts in Sugar and Maize were launched in Transferable Specific Delivery (TSD) as well as
Non Transferable Specific Delivery (NTSD) segment. In first 5 days of trading in Forward Contracts, 1040 MT
quantity were traded. Deliveries amounting to 150 MT have been executed and total value of trade for 5 days
stood at ₹ 215.53 Lakhs. This initiative is expected to contribute to considerable improvement in physical markets
by bringing substantial physical trade in the trading and delivery domain of the Commodity Exchanges thereby
reducing costs of intermediation and improving price discovery.
7. Developments at National Spot Exchange Limited (NSEL):
There was one pay out during the fortnight under reference, i.e., pay out scheduled on the 19th September, 2014
of ₹ 1.65 crore.
-3-
8.
The Forward Markets Commission organized the following capacity building programmes for the benefit of
various stakeholders. The details of the programmes are as follows:
Sr. No. Name of the lead Institute
Name of the programme
Place
Date
1
TNAU, Coimbatore
Commodity Futures Market
2
BIRD, Lucknow,
NER
Commodity Futures Market
3
S.K. Rajasthan Agri. Univ.
Bikaner
Acharya N.G. Ranga Agri.
Univ. Hyderabad
Commodity Futures Market
on Agriculture Commodities
Commodity Futures Market
on Agriculture Commodities
4
Sugarcane
Res.
Station, Cuddalore
All
seven
NER
states
including
Sikkim- at Agartala
Univ. campus,
Bikaner
Hyderabad, Univ.
campus
19-20th September,
2014
22-23rd September,
2014
22-23rd September,
2014
23-24th September,
2014
9. Permission for launching of contracts in various commodities was granted to the Exchanges as follows:
Name of the
Exchange
NCDEX,
Mumbai
Commodity
Gold (1kg)
Silver (30kg)
MCX,
Mumbai
Aluminium
Aluminium Mini
Brent Crude Oil
Cardamom
Copper
Copper Mini
Crude Palm Oil
Crude Oil
Gold
Contract Months
February 2015, April 2015 , June 2015, August 2015,
October 2015 and December 2015
March 2015, May 2015, July 2015, September 2013
and December 2015
January 2015 to December 2015 and onwards
January 2015 to December 2015 and onwards
January 2015 to December 2015 and onwards
January 2015 to December 2015 and onwards
January 2015 to December 2015 and onwards
January 2015 to December 2015 and onwards
January 2015 to December 2015 and onwards
January 2015 to December 2015 and onwards
January 2015 to December 2015 and onwards
-4-
Date of
permission
18.9.2014
29.9.2014
Name of the
Exchange
Commodity
Gold Guinea
Gold Mini
Gold Petal
Gold Petal Delhi
Kapas
Kapaskhali
Lead
Lead Mini
Mentha Oil
Natural Gas
Nickel
Nickel Mini
Silver
Silver 1000
Silver Micro
Silver Mini
Zinc
Zinc Mini
Contract Months
January 2015 to December 2015 and onwards
January 2015 to December 2015 and onwards
January 2015 to December 2015 and onwards
January 2015 to December 2015 and onwards
March 2015 and April 2015 contracts and onwards
January 2015 to December 2015 and onwards
contracts excluding October contracts.
January 2015 to December 2015 and onwards
January 2015 to December 2015 and onwards
January 2015 to December 2015 and onwards
January 2015 to December 2015 and onwards
January 2015 to December 2015 and onwards
January 2015 to December 2015 and onwards
January 2015 to December 2015 and onwards
January 2015 to December 2015 and onwards
January 2015 to December 2015 and onwards
January 2015 to December 2015 and onwards
January 2015 to December 2015 and onwards
January 2015 to December 2015 and onwards
-5-
Date of
permission
10. Trade Data Summary:
Sr.Nos.
(a)
1
(b)
(a)
2
(b)
(a)
3
(b)
(a)
4
(b)
(a)
5
(b)
(a)
6
(b)
Particulars
(Value of Trade in ₹ Crore)
2013-14
% growth in
2014-15 over
2013-14
2014-15
Total value of trade during the fortnight ending
30th September
Cumulative value of trade during the year from
1stApril to 30th September
Total value of trade in Agri Commodities during the
fortnight ending 30th September
Cumulative value of trade in Agri Commodities during
the year from 1stApril to 30th September
Total value of trade in Bullion during the fortnight
ending 30th September
Cumulative value of trade in Bullion during the year
from 1stApril to 30th September
Total value of trade in Metals other than Bullion during
the fortnight ending 30th September
Cumulative value of trade in Metals other than Bullion
during the year from 1stApril to 30th September
Total value of trade in Energy during the fortnight
ending 30th September
Cumulative value of trade in Energy during the year
from 1stApril to 30th September
Total value of trade in other Commodities during the
fortnight ending 30th September
Cumulative value of trade in other Commodities during
the year from 1stApril to 30th September
-6-
286527.94
328805.86
-12.86
2982481.33
6558571.67
-54.53
50823.34
59540.97
-14.64
594493.64
747102.32
-20.43
104319.48
153869.19
-32.20
1051239.66
2962746.06
-64.52
55840.35
51939.31
7.51
658651.73
1220748.02
-46.05
75544.77
63456.40
19.05
678096.30
1627975.26
-58.35
0.00
0.00
0.00
0.00
0.00
0.00
The Statement gives Exchange wise/Commodity wise comparative picture as on 16.9.2014 and 30.9.2014.The figures for 16.9.2014 are given in parenthesis in each row
in column numbers 5 to 12. The total volume and value of trade during the fortnight is given in column 13 and 14 respectively.
FORTNIGHTLY DISSEMINATION OF DATA
Sr.
No
Name of
Exchange
1
1
2
Multi
Commodity
Exchange of
India Limited,
Mumbai
Name of
Commodity
3
National
Commodity &
Derivatives
Exchange Ltd.
Mumbai
4
Gold
10 Gm
Crude Oil
Barrel
Silver
Natural Gas
2
Price
Unit
KG
mmBtu
Zinc
KG
Copper
KG
Nickel
KG
Lead
KG
Aluminum
KG
CPO
10 KG
Castor Seed
100 kg
Soya Oil
10 Kg
Soya Bean
100 kg
Coriander
100 kg
Prices in ₹
Futures
Near Month
Contract
5
6
26772.00
27129.00
(27280.00)
(26954.00)
5809.00
5673.00
(5668.00)
(5795.00)
38516.00
38783.00
(40876.00)
(41479.00)
255.20
257.80
(239.80)
(243.70)
141.10
141.10
(137.25)
(139.95)
413.90
416.00
(414.90)
(430.70)
1016.80
1016.80
(1093.70)
(1113.10)
128.30
128.30
(127.75)
(129.95)
119.20
119.20
(120.35)
(122.60)
476.70
474.50
(463.40)
(454.70)
Spot
4407.65
(4136.80)
620.00
(638.30)
3257.00
(3651.00)
11418.90
(11349.15)
4590.00
(4189.00)
614.00
(639.10)
3063.00
(3319.00)
12146.00
(11543.00)
Volume in Natural Gas in mmBtu and for other Commodities in MT
Value of Trade in ₹ crore
Position as on 30.9.2014
During 16– 30 September 14
Open Interest
Trading Volume
Value of Trade
Total
Near Month
All
Near
All Contracts
Near
All
Volume
Value
Contract
Contracts
Month
Month
Contracts
Contract
Contract
7
8
9
10
11
12
13
14
4.19
11.64
8.88
27.21
2392.406
7330.093
225.96
60480.375
(10.13)
(15.34)
(17.84)
(18.26)
(4818.489)
(4932.277)
119863.57
141145.98
1524133.70
1592046.38
6472.827
6759.705
14459604.37
60392.364
(143219.65)
(204351.98) (1177939.97) (1315607.09)
(4933.676)
(5508.464)
562.05
562.05
1152.36
1152.36
4467.621
4467.621
10595.30
42064.569
(347.04)
(347.04)
(551.40)
(551.40)
(2291.101)
(2291.101)
9363750
11166250
55693750
60068750
1431.194
1546.384
620658750
15086.193
(7398750)
(9611250)
(51807500)
(56890000)
(1242.780)
(1367.838)
11300
40745
30345
87420
429.471
1240.008
983704
13613.593
(20105)
(27645)
(85070)
(89180)
(1175.943)
(1233.140)
10385
10385
18913
18913
790.686
790.686
306662.25
12865.725
(9844)
(9844)
(35116)
(35116)
(1496.161)
(1496.161)
839.50
2641.00
2647.50
8084.00
271.587
830.190
112326.45
11935.740
(1558.75)
(1800.50)
(11571.00)
(12140.25)
(1274.838)
(1337.946)
4180
12535
20640
53540
265.669
693.738
732823
9329.448
(10840)
(12595)
(72515)
(74530)
(932.649)
(958.784)
6780
34715
18090
49250
215.994
592.236
677288
8095.844
(22365)
(38265)
(62180)
(65815)
(752.890)
(797.464)
9580
91890
5050
33410
23.941
154.861
569720
2589.907
(14620)
(88760)
(15650)
(58370)
(71.568)
(263.903)
19374.845
28457.002
Total of the Exchange :17990763.971
239113.020
(21924.584) (23322.824)
104280
406840
149470
299160
681.740
1380.338
2502617
11020.091
(11740)
(357910)
(8470)
(192880)
(35.019)
(809.797)
61140
222100
48770
99195
300.323
598.766
1548920
9268.038
(9640)
(200875)
(4880)
(135870)
(31.122)
(810.778)
52250
237630
58810
128100
181.151
388.165
1726670
5338.943
(70860)
(218160)
(98230)
(181400)
(321.453)
(581.628)
15520
63370
21100
39650
257.409
492.486
339860
4085.664
(980)
(60540)
(1320)
(34790)
(15.078)
(410.136)
-7-
FORTNIGHTLY DISSEMINATION OF DATA
Sr.
No
Name of
Exchange
1
2
3
4
National
MultiCommodity
Exchange of
India Limited,
Ahmedabad
ACE
Derivatives
and
Commodity
Exchange Ltd.,
Mumbai
Name of
Commodity
3
Price
Unit
4
Guar Seed 10
100 kg
Chana
100 kg
R/M Seed
100 kg
Guar Gum
100 kg
Gold Hedge
10 Gm
Kapas
20 kg
Castor Seed
10 MT
Rape/Mustard
seed
100 Kg
20 Kg
Raw Jute
100 Kg
Chana
100 Kg
Rubber
100 Kg
Cotton 118
Candy
Castor Seed
100 KG
CPO
10 KG
Prices in ₹
Spot
Futures
Near Month
Contract
5
6
5597.05
5560.00
(5781.80)
(5695.00)
2880.00
2770.00
(2936.40)
(2823.00)
3711.95
3647.00
(3722.05)
(3582.00)
15729.60
16020.00
(16130.95)
(16420.00)
23770.00
24249.00
(24198.00)
(24196.00)
744.00
-(795.50)
Position as on 30.9.2014
Open Interest
Near Month
All
Contract
Contracts
7
15680
(20510)
80850
(2910)
27480
(3150)
4164
(7346)
0.48
(1.22)
236
(212)
8
37580
(31910)
202250
(208690)
64380
(75270)
11764
(10695)
0.48
(1.23)
30616
(29248)
4401
(4125)
682
(683)
2939.9
(2863.2)
2857
(2894)
12151
(12265)
4555
(4192)
677.8
(675.3)
2939.9
(2876)
2767
(2822)
12137
(11831)
410
(550)
940
(650)
0
(590)
330
(0)
1000
(1553)
790
(1080)
1250
(1260)
930
(1240)
630
(680)
3930
(2998)
34850.00
(39300.00)
4344.00
(4100.00)
476.10
(461.45)
35080.00
(37820.00)
4587.50
(4189.00)
474.55
(456.55)
53.69
(50.13)
1990
(1090)
840
(850)
809.97
(638.23)
6360
(6360)
2140
(2270)
-8-
Volume in Natural Gas in mmBtu and for other Commodities in MT
Value of Trade in ₹ crore
During 16– 30 September 14
Trading Volume
Value of Trade
Total
Near
All Contracts
Near
All
Volume
Value
Month
Month
Contracts
Contract
Contract
9
10
11
12
13
14
26520
50140
147.765
281.395
537430
3055.497
(40520)
(55810)
(230.724)
(317.415)
44870
80870
124.283
227.457
948513
2686.313
(2600)
(99040)
(7.319)
(284.526)
25590
37960
93.437
139.203
573250
2092.117
(570)
(70650)
(2.041)
(256.383)
6620
10295
106.387
166.043
106470
1731.575
(9181)
(12736)
(149.132)
(207.051)
0.44
0.44
107.586
107.586
6.01
1441.331
(0.36)
(0.36)
(87.522)
(88.258)
NT
19932
0.000
78.267
220360
871.425
(8)
(26572)
(0.031)
(107.067)
2183.008
4123.910
Total of the Exchange :9310192.069
44006.781
(958.392)
(4151.123)
4570
9020
20.90
41.52
119940
519.55
(7140)
(13480)
(29.33)
(55.78)
5140
10270
17.09
34.41
123960
415.41
(7380)
(14310)
(24.24)
(48.24)
0
10910
0
32.83
99420
292.40
(5580)
(11030)
(15.94)
(31.66)
5120
10010
14.17
28.13
96180
273.98
(0)
(6980)
(0)
(19.96)
272
869
3.30
10.47
18049
215.95
(995)
(1622)
(11.91)
(19.42)
63.86
164.35
Total of the Exchange
474480.000
1905.556
(92.62)
(197.25)
207.65
580.27
24.619
67.205
8796.91
1042.031
(292.63)
(781.17)
(37.386)
(96.328)
20
20
0.094
0.094
2810.00
12.012
(NT)
(20)
(0.000)
(.086)
10
40
0.047
0.185
750.00
3.408
(20)
(130)
(0.091)
(0.585)
FORTNIGHTLY DISSEMINATION OF DATA
Sr.
No
Name of
Exchange
1
2
Name of
Commodity
3
Gold Hedge
5
6
7
8
9
10
Chamber of
Commerce,
Hapur
Mustard Seed
Rajkot
Commodity
Exchange Ltd.,
Rajkot
Castor Seed
India Pepper
& Spice Trade
Association,
Kochi
Pepper MG 1
Bombay
Commodity
Exchange Ltd.,
Vashi
Spices &
Oilseeds
Exchange
Ltd.,Sangli
Cotton
Association of
India Mumbai
Castor seed
Price
Unit
4
10 Gms
100 Kg
100 Kg
Prices in ₹
Spot
Futures
Near Month
Contract
5
6
26581.00
26642.00
(26638.00)
(26682.00)
3651.25
(3686.75)
4170.00
(3962.50)
3685.00
(3716.25)
4605
(4351)
Position as on 30.9.2014
Open Interest
Near Month
All
Contract
Contracts
7
NIL
(NIL)
8
NIL
(NIL)
236
(306)
236
(306)
795
(1365)
795
(1365)
Volume in Natural Gas in mmBtu and for other Commodities in MT
Value of Trade in ₹ crore
During 16– 30 September 14
Trading Volume
Value of Trade
Total
Near
All Contracts
Near
All
Volume
Value
Month
Month
Contracts
Contract
Contract
9
10
11
12
13
14
NT
NT
0.000
0.000
0.01
2.123
(NT)
(NT)
(0.000)
(0.000)
24.761
67.484
Total of the Exchange :12356.917
1059.574
(37.477)
(96.998)
Total for the National Exchanges(A) 27787792.957
286084.931
6264
6264
(12440)
(12440)
Total of the Exchange
23.08
(43.23)
23.08
(43.23)
8.02
(9.05)
23.08
(43.23)
61.08
(43.23)
8.02
(9.05)
94088
345.45
94088
345.45
21065
93.86
8.02
(9.05)
0
(0.07)
8.02
(9.05)
0
(0.48)
21065
93.86
53
3.70
0
0
53
(0.07)
(0.48)
0
0
0
0
0
(0)
(0 )
(0)
(0)
Total of the Exchange
0
0
0
(0)
(0)
0
0
0
0
0
(0)
(0)
(0)
(0)
Total of the Exchange
0
0
0
(0)
(0)
0
0
0
0
0
(0)
(0)
(0)
(0)
Total of the Exchange
0
0
0
(0)
(0)
Total for the Regional Exchanges(B)
115206
Grand Total (A+B) 27902998.957
3.70
1740
(2085)
1740
(2085)
Total of the Exchange
100 Kg
67000
(70500)
NA
(72275)
0
(0)
0
(0)
0
(1)
0
(7)
Total of the Exchange
Turmeric
Cotton
100 Kg
100 Kg
100 Kg
--
---
---
NP
(NP)
NP
(NP)
NP
(NP)
0
(0)
0
(0)
0
(0)
0
(0)
0
(0)
0
(0)
Note: Natural Gas volume is not included in the Total Volume
-9-
0
0
0
0
0
0
443.01
286527.941
Review of Exchange-wise Commodities traded during the fortnight 16th September 2014 to 30th September 2014
1. Multi Commodity Exchange of India Ltd., Mumbai- During the period from 16.09.2014 to 30.09.2014, 13 commodities were traded at the Exchange. Out of
these, Gold, Crude Oil & Silver had the highest volume of trade.
Name of
Contracts being
Commodities
traded
Near month contract -3rd October 2014
Trade across all
Highest Price Quoted
Gold
3rd October 2014,
th
5 December 2014,
Total Value of
₹ 27172.00/- per
10 gm on 30.09.2014
Lowest Price Quoted
₹ 26313.00/- per
10 gm on 22.09.2014
contracts
Total Value of
Highest Net
Trade
Open Position
₹ 45250.453
10.317MT on
₹ 60480.375
crore
18.09.2014
crore
5th February 2015 &
3rd April 2015
Near month contract - 20th October 2014
Crude Oil
19th September 2014,
th
20 October 2014,
₹ 5885.00/- per
₹ 5552.00/- per
₹ 40823.185
166425.65MT on
₹ 60392.364
Barrel on 30.09.2014
Barrel on 22.09.2014
crore
22.09.2014
crore
th
19 November 2014 &
18th December 2014
Near month contract – 5th December 2014
Silver
5th December 2014 &
th
5 March 2015
₹ 41774.00/- per
₹ 38112.00/- per
₹ 30488.351
562.050MT
₹ 42064.569
Kg on 16.09.2014
Kg on 30.09.2014
crore
on 30.09.2014
crore
- 10 -
2. National Commodity & Derivatives Exchange Limited, Mumbai-During the period from 16.09.20104 to 30.09.2014, 26 commodities were traded at the
Exchange . Out of these Castor Seed, Soya Oil, & Soya Bean had the highest volume of trade.
Name of
Contracts being
Commodities
traded
Near month contract - 20th October 2014
Trade across all
Highest Price Quoted
Castor Seed
19th September 2014,
th
20 October 2014,
Total Value of
Lowest Price Quoted
Total Value of
Highest Net
Trade
Open Position
contracts
₹ 4609.00/- per 100
₹ 4126.00/- per 100
₹ 7017.215
179570 MT
₹ 11020.091
Kg on 30.09.2014
Kg on 16.09.2014
crore
on 16.09.2014
crore
th
20 November 2014,
19th December 2014 &
20th January 2015
Near month contract - 20th October 2014
Soya Oil
19th September 2014,
₹ 620.45/- per 10 Kg
₹ 589.80/- per 10 Kg
₹ 5723.624
111340 MT
₹ 9268.038
20th October 2014,
on 25.09.2014
on 22.09.2014
crore
on 17.09.2014
crore
th
20 November 2014,
19th December 2014,
20th January 2015 &
20th February 2015
Near month contract - 20th October 2014
Soya Bean
20th October 2014,
th
20 November 2014,
₹ 3334.00/- per 100
₹ 3024.00/- per 100
₹ 2535.831
70860 MT
₹ 5338.943
Kg on 16.09.2014
Kg on 22.09.2014
crore
on 16.09.2014
crore
th
19 December 2014,
20th January 2015 &
20th February 2015
- 11 -
3. National Multi-Commodity Exchange of India Ltd., Ahmedabad- During the fortnight ending on 30/9/2014, 6 commodities were traded at the Exchange,
Out of these Castor seed, Rape/Mustard seed and Raw Jute had the highest volume of trade.
Name of
Contracts being
Commodities
traded
Near month contract –15th October 2014
Trade across all
Highest Price Quoted
Castor seed
15th October 2014
th
15 November 2014
Total Value of
Lowest Price Quoted
₹ 4619.20/-per 100 Kg
₹ 4070/- per 100 Kg
on 30.9.2014
on 16.9.2014
Total Value of
Highest Net
Trade
Open Position
₹ 268.28 crore
contracts
720 MT
₹ 519.55
on 19.9.2014
crore
th
15 January 2015 &
15th February 2015
Near month contract –15th October 2014
Rape/Mustard
15th October 2014
₹ 679.60/-per 20Kg
₹ 650.50/- per 20Kg
₹ 213.26
650 MT on
₹ 415.41
seed
15th November 2014
on 25.9.2014
on 16.9.2014
crore
16.9.2014
crore
th
15 December 2014 &
15th January 2015
Near month contract –30th September 2014
Raw Jute
30th September 2014
₹ 2961/-per 100 Kg on
₹ 2828/-per 100 Kg on
₹ 99.61
650 MT on
₹ 292.40
31st October 2014
22.9.2014
16.9.2014
crore
18.9.2014
crore
th
28 November 2014
31st December 2014 &
31st January 2015
- 12 -
4. ACE Derivatives and Commodity Exchange Ltd., Mumbai -During the period from 16.09.2014 to 30.09.2014, 4 commodities were traded at the Exchange.
Out of these, Cotton 118, Castor Seed & CPO had the highest volume of trade.
Name of
Contracts being
Commodities
traded
Near month contract -20th October 2014
Trade across all
Highest Price Quoted
Cotton 118
Total Value of
Lowest Price Quoted
Total Value of
Highest Net
Trade
Open Position
contracts
th
₹ 38030.00/-per
₹ 35050.00/- per
₹ 345.397
54.756 MT on
₹ 1042.031
th
Candy on 16.09.2014
Candy on 30.09.2014
crore
26.09.2014
crore
20 October 2014,
20 November 2014,
19th December 2014,
20th January 2015,
20th February 2015,
20th March 2015,
20th April 2015 &
20th May 2015
Near month contract – 20th October 2014
Castor Seed
19th September 2014,
th
20 October 2014,
₹ 4725.00/- per 100
₹ 4240.00/- per 100
₹ 2.231
1990 MT on
₹ 12.012
Kg on 30.09.2014
Kg on 16.09.2014
crore
19.09.2014
crore
th
20 November 2014 &
20th January 2015
Near month contract –30th September 2014
CPO
30th September 2014,
₹ 474.45/- per 10 Kg
₹ 453.70/- per 10 Kg
₹ 0.415
850 MT on
₹ 3.408
31st October 2014,
on 30.09.2014
on 17.09.2014
crore
16.09.2014
crore
th
28 November 2014,
31st December 2014 &
30th January 2015
- 13 -
5. Chamber of Commerce, Hapur
Name of
Contracts being
Commodities
traded
Near month contract - 15th October 2014
Trade across all
Highest Price Quoted
Mustard seed
th
15 October 2014
Total Value of
Lowest Price Quoted
₹ 3726.25 per
₹ 3670.00 per
100 kg on 25.9.2014
100 kg on 16.9.2014
Total Value of
Highest Net
Trade
Open Position
₹ 345.45
crore
306 MT
on 16.9.2014
contracts
₹ 345.45
crore
6. The Rajkot Commodity Exchange Ltd., Rajkot
Name of
Contracts being
Commodities
traded
Near month contract - 31st December 2014
Trade across all
Highest Price Quoted
Castor Seed
31st December 2014
Total Value of
Lowest Price Quoted
Total Value of
Highest Net
Trade
Open Position
₹ 4632 per 100 kg
₹ 4251 per 100 kg
₹ 93.86
on 30.9.2014
on 16.9.2014
crore
1390 MT
on 17.9.2014
contracts
₹ 93.86
crore
7. India Pepper & Spice Trade Association, Kochi
Name of
Contracts being
Commodities
traded
Near month contract -15th October 2014
Trade across all
Highest Price Quoted
Pepper MG1
15
th
October 2014
th
15 November 2014
Total Value of
Lowest Price Quoted
₹ 72750/- per 100 kg
₹ 72250/- per 100 kg
on 17.9.2014
on 19.9.2014
15th December 2014
15th January 2015
15th February 2015
- 14 -
Total Value of
Highest Net
Trade
Open Position
₹ 0.78
crore
--
contracts
₹ 3.70
crore
8. Bombay Commodity Exchange Ltd., Vashi
Name of
Contracts being
Commodities
Traded
Near month contract –
Trade across all
Highest Price Quoted
Castor seed
Permission not granted
Total Value of
Lowest Price Quoted
--
Total Value of
Highest Net
Trade
Open Position
--
--
--
contracts
--
9. Spices & Oilseed Exchange Ltd., Sangli
Name of
Contracts being
Commodities
traded
Near month contract –
Trade across all
Highest Price Quoted
Turmeric
Permission not granted
Total Value of
Lowest Price Quoted
--
Total Value of
Highest Net
Trade
Open Position
--
--
--
contracts
--
10. Cotton Association of India, Mumbai
Name of
Contracts being
Commodities
traded
Near month contract –
Trade across all
Highest Price Quoted
Cotton
Permission not granted
Total Value of
Lowest Price Quoted
--
--
- 15 -
Total Value of
Highest Net
Trade
Open Position
--
--
contracts
--