| S.
No.
|
Basis
|
National
Multi Commodity Exchange of India |
National
Board of Trade
|
| 1.
|
Symbol |
RAPECF
|
|
| 2. |
Description
|
RPCMMMYYYY
|
|
| 3. |
Trading
period
|
Monday
through Saturdays
|
|
| 4. |
Trading
session
|
Monday to Friday:10.00 a.m. to
5.00 p.m.
Saturday: 10.00 a.m. to 2.00 pm
|
|
| 5. |
No.
of active contracts
|
Maximum 12 monthly or
minimum 2 monthly contracts running concurrently` |
There shall be
following contracts in mustardseed/rapeseed complex in a
year:
in case of mustard/rapeseed oil and its cakes: May,
June, July, August, September, October, November,
December, January, February, March and April deliveries. |
| 6. |
Opening
of contracts
|
Trading in any contract month
will open on the 16th day of the month, 12
months prior to the contract month.
|
| 7. |
Due
date
|
15th day of the delivery months
if 15th happens to be holiday then previous
working day.
|
| 8. |
Closing
of contracts |
Squaring up of positions will
be permitted between 12th and 15th of delivery
month. No fresh positions building will
be allowed. From 12th to the 15th of
delivery month, seller can tender Warehouse
Receipt for settlement and Warehouse Receipt
will be accepted for settlement at closing
price of the previous day.
|
| 9. |
Trading
unit
|
1 MT |
10MT |
| 10. |
Base
value/quotation
|
1000 Kgs
|
In Metric Tonnes |
| 11. |
Maximum
order size
|
|
|
| 12. |
Tick
price (minimum price movement)
|
1 Rupee |
Rs. 5/- per MT or multiple
thereof |
| 13. |
Daily
price limit
|
5%
above and below the last traded price.
10% above and below the last closing
price. |
Permissible variation per unit
from the previous closing rate
In case of oiled cake (+/-) Rs. 1250/-
In case of de-oiled cake
(+/-) Rs. 1000/-
Permissible variation
relating to unit of quotation
In case of oiled cake (+/-)
Rs. 125/- per MT
In case of de-oiled cake (+/-) Rs. 100/- per
MT
|
| 14. |
Delivery
unit
|
1 MT |
50 metric tonnes |
| 15. |
Delivery
centers
|
Ahmedabad |
In respect of contracts
confirmed by the Exchange, commodities pertaining to
mustard / rapeseed complex shall be taken delivery of by
the buyers from the Certified Warehouses situated within
the Municipal Corporation limits of the following
centres or such other places as may be decided by the
Trading, Clearing and Settlement Committee before the
commencement of trading in a delivery month.
For rapeseed/mustard oil and cake:
Indore, Kota, Jaipur, Agra, Delhi, Neemuch and Sheopur
Kalan
|
