Snapshot of activities. Sr. no Activities Details 1 NCDEX introduces Adopt a Mandi program for community engagement

Transcription

1

2 Snapshot of activities Sr. no Activities Details 1 NCDEX introduces Adopt a Mandi program for community engagement Issued on 31 st December, Traded volume of forward contracts at Issued on 3 rd January, 2015 NCDEX tops 4,800 tonnes 3 AP Govt. starts procurement of Sugar through NeML e-auction Market (NAM) Issued on 17 th January, CII & NCDEX issued white paper on a Warehouse Receipt Transactions Registry Issued on 23 rd January, 2015

3 NCDEX- Press Release: NCDEX introduces Adopt a Mandi program for community engagement Print Sr. No Date Publication Headline Edition Amar Ujala NCDEX introduces Adopt a New Delhi Mandi program for community engagement 2 Prabhat NCDEX introduces Adopt a Ahmedabad Mandi program for community engagement 3 Herald NCDEX introduces Adopt a Ahmedabad YoungLeader Mandi program for community engagement Suryakaal NCDEX introduces Adopt a Ahmedabad Mandi program for community engagement Gujarat Pranam NCDEX introduces Adopt a Ahmedabad Mandi program for community engagement Divya Gujarat NCDEX introduces Adopt a Ahmedabad Mandi program for community engagement Chakde Gujarat NCDEX introduces Adopt a Ahmedabad Mandi program for community engagement Mahanagar NCDEX introduces Adopt a Ahmedabad Metro Mandi program for community engagement Marwad Mitra NCDEX introduces Adopt a Ahmedabad Mandi program for community engagement 10 Standard Herald NCDEX introduces Adopt a Ahmedabad Mandi program for community engagement Metro Herald NCDEX introduces Adopt a Ahmedabad

4 Mandi program for community engagement 12 Suryakaal NCDEX introduces Adopt a Ahmedabad Mandi program for community engagement

5 Coverage Publication : Amar Ujala Edition : New Delhi Date : January 01, 2015 Page: 11

6 Publication : Prabhat Date : January 03, 2015 Page: 3 Edition : Ahmedabad

7 Publication : Herald YoungLeader Date : January 03, 2015 Page: 11 Edition : Ahmedabad

8 Publication : Suryakaal Date : January 03, 2015 Page: 6 Edition : Ahmedabad

9 Publication : Gujarat Pranam Date : January 03, 2015 Page: 2 Edition : Ahmedabad

10 Publication : Divya Gujarat Date : January 03, 2015 Page: 3 Edition : Ahmedabad

11 Publication : Chakde Gujarat Date : January 03, 2015 Page: 4 Edition : Ahmedabad

12 Publication : Mahanagar Metro Date : January 03, 2015 Page: 4 Edition : Ahmedabad

13 Publication : Marwad Mitra Date : January 03, 2015 Page: 4 Edition : Ahmedabad

14 Publication : Standard Herald Date : January 05, 2015 Page: 11 Edition : Ahmedabad

15 Publication : Metro Herald Date : January 05, 2015 Page: 5 Edition : Ahmedabad

16 Publication : Suryakaal Date : January 06, 2015 Page: 6 Edition : Ahmedabad

17 NCDEX- Press Release: Traded volume of forward contracts at NCDEX tops 4,800 Wire tonnes Sr. No Date Wire Headline PTI Traded volume of forward contracts at NCDEX tops 4,800 tonnes Traded volume of forward contracts at NCDEX tops 4,800 tonnes Leading commodity exchange National Commodity and Derivatives Exchange (NCDEX) has registered a traded volume of 4,856 tonne in forward contracts and a traded value of Rs 8.18 crore since its launch. NCDEX had launched forward contracts in September 2014, the commodity exchange said in a release. The commodity delivered through the exchange platform in forward segment was 3, tonne till December 31, "For trading in forwards segment of the exchange, already 12 farmers producer organisations (FPOs) have registered with us as members, 25 FPOs are in process to obtain membership of the Exchange. "In the forwards segment out of newly launched 17 commodities, Jeera and Castor have already started trading successfully on the platform," NCDEX Managing Director and CEO Samir Shah said. During December 2014, the Forwards segment registered a trade volume of 1,546 tonnes on the exchange, with traded value of Rs crore. During the month tonnes of commodities were delivered through the exchange platform.

18 In the futures segment of the exchange, the average open interest for December 2014, was Rs 6, crore. The average daily trading volume (ADTV) for the month was Rs 3, crore and 1,04,979 tonnes of commodities were delivered through futures segment during the month. For the agri commodity futures segment, the monthly total volume was Rs 78, crore. The top three traded commodities were castor seed, refined soya oil and chana. The total traded value for castor seed was Rs 19, crore with a fall of over 30% year-on-year, chana was Rs 10,448.5 crore with over 2% year-on-year rise and for refined soya oil was Rs 10, crore with a fall of over 40% fall. Guar seed saw an excellent participation with 10 tonnes and clocking a value of Rs 8, crore, a growth of % year-on-year. As a leading online exchange, NCDEX offers the widest range of benchmark products across agriculture, metals and precious metals.

19 Print Sr. No Date Publication Headline Financial Chronicle (Smart Byte) Smart bytes 2 The Economic Times 3 Financial Chronicle Forward Contracts on NCDEX Cross 4,800 T Traded volume of forward contracts at NCDEX tops 4,800 tonnes

20 Coverage Publication : Financial Chronicle Edition : All Date : January 05, 2015 Page: 6

21 Publication : The Economic Times Edition : Kochi Date : January 05, 2015 Page: 13

22 Publication : Financial Chronicle Edition : All Date : January 05, 2015 Page: 4

23 NCDEX- Press Release: AP Govt. starts procurement of Sugar through NeML eauction Market (NAM) Print Sr. No Date Publication Headline Edition 1 The Hindu NCDEX e-arm procures 7,000 All Business Line tonnes sugar for AP 2 Alpviram AP Govt. starts procurement of Ahmedabad Sugar through NeML eauction Market (NAM) 3 Lokmitra AP Govt. starts procurement of Ahmedabad Sugar through NeML eauction Market (NAM) 4 Chakde Gujarat AP Govt. starts procurement of Ahmedabad Sugar through NeML eauction Market (NAM) 5 Prabhat AP Govt. starts procurement of Ahmedabad Sugar through NeML eauction Market (NAM) 6 Gujarat Pranam AP Govt. starts procurement of Ahmedabad Sugar through NeML eauction Market (NAM) 7 Mahanagar AP Govt. starts procurement of Ahmedabad Metro Sugar through NeML eauction Market (NAM) 8 Herald AP Govt. starts procurement of Ahmedabad YoungLeader Sugar through NeML eauction Market (NAM) 9 Standard Herald AP Govt. starts procurement of Sugar through NeML eauction Market (NAM) Ahmedabad

24 Coverage Publication : The Hindu Business Line Edition : All Date : January 19, 2015 Page: 18

25 Publication : Alpviram Date : January 19, 2015 Page: 3 Edition : Ahmedabad

26 Publication : Lokmitra Date : January 19, 2015 Page: 2 Edition : Ahmedabad

27 Publication : Chakde Gujarat Date : January 19, 2015 Page: 4 Edition : Ahmedabad

28 Publication : Prabhat Date : January 19, 2015 Page: 2 Edition : Ahmedabad

29 Publication : Gujarat Pranam Date : January 19, 2015 Page: 2 Edition : Ahmedabad

30 Publication : Mahanagar Metro Date : January 19, 2015 Page: 4 Edition : Ahmedabad

31 Publication : Herald YoungLeader Date : January 20, 2015 Page: 11 Edition : Ahmedabad

32 Publication : Standard Herald Date : January 20, 2015 Page: 11 Edition : Ahmedabad

33 NCDEX- Press Release: CII & NCDEX issued white paper on a Warehouse Receipt Wire Transactions Registry Sr. No Date Wire Headline PTI CII & NCDEX issued white paper on a Warehouse Receipt Transactions Registry NCDEX to launch forward trade in seven commodities from Feb 2 Mumbai, Jan 23 (PTI) NCDEX today said it plans to launch forward contracts in seven additional commodities, including some pulses, at fixed price from February 2. "We have got approval from the regulator for launching seven forward contracts at fixed price early this month. We will launch the forward contracts of urad, tur, yellow peas, yellow soyabean meal (domestic), pepper, RBD palmolein and bajra from February 2," NCDEX Managing Director and CEO Samir Shah told reporters here at a conference on `Agri Supply Chain 2015' organised by the CII. Currently NCDEX has 19 forward contracts in a combination of fixed as well as reference prices. It launched trading in forward contracts last September. A forward contract is an agreement between two parties to buy or sell an asset or a commodity of specified quantity and quality at a future date on a mutually agreed delivery price. It is different from a spot contract or a futures contract. "Warehouse financing is a crucial enabler in the holistic development of the agricultural markets in India and there is a perceived trust deficit that the banks have as far as the sector goes," Shah said on this occasion. Electronic registry, which provides transparency and tracking of commodities in every single warehouse in the country, will go a long way in giving comfort to the banks and can be the single biggest game-changer for the industry, he said. "This is in line with the development in the Indian capital market, which has witnessed several initiatives that have helped in bringing transparency to the trade and building confidence among the participants," he added.

34 Print Sr. No Date Publication Headline Edition The Hindu NCDEX moots electronic registry for All Business Line warehouse receipts 2 Prabhat CII & NCDEX issued white paper on a Warehouse Receipt Transactions Registry Ahmedabad Marwad Mitra CII & NCDEX issued white paper on a Ahmedabad Warehouse Receipt Transactions Registry 4 Mahanagar CII & NCDEX issued white paper on a Ahmedabad Metro Warehouse Receipt Transactions Registry 5 Gujarat Vaibhav CII & NCDEX issued white paper on a Ahmedabad Warehouse Receipt Transactions Registry 6 Alpviram CII & NCDEX issued white paper on a Ahmedabad Warehouse Receipt Transactions Registry 7 Herald CII & NCDEX issued white paper on a Ahmedabad YoungLeader Warehouse Receipt Transactions Registry 8 Standard Herald CII & NCDEX issued white paper on a Warehouse Receipt Transactions Registry Ahmedabad Metro Herald CII & NCDEX issued white paper on a Warehouse Receipt Transactions Registry Ahmedabad

35 Coverage Publication : The Hindu Business Line Edition : All Date : January 24, 2015 Page: 6

36 Publication : Prabhat Date : January 27, 2015 Page: 6 Edition : Ahmedabad

37 Publication : Marwad Mitra Date : January 27, 2015 Page: 6 Edition : Ahmedabad

38 Publication : Mahanagar Metro Date : January 27, 2015 Page: 4 Edition : Ahmedabad

39 Publication : Gujarat Vaibhav Date : January 27, 2015 Page: 11 Edition : Ahmedabad

40 Publication : Alpviram Date : January 28, 2015 Page: 3 Edition : Ahmedabad

41 Publication : Herald YoungLeader Date : January 28, 2015 Page: 11 Edition : Ahmedabad

42 Publication : Standard Herald Date : January 28, 2015 Page: 11 Edition : Ahmedabad

43 Publication : Metro Herald Date : January 30, 2015 Page: 5 Edition : Ahmedabad

44 Publication: The Economic Times Date : January 23, 2015 Headline: Delivery- based Transactions key to Curbing Price Manipulation in Commexes

45 Publication: Business Line Date : January 28, 2015 Headline: Karnataka shows the way on unified national agri market Karnataka shows the way on unified national agri market ENAMUL HAQUE/ANU PETER MS JAIRATH The single market platform integrates 51 markets and aims at covering all the 155 main market yards January 28, 2015: Owing to changing agricultural marketing environment, establishing a national market for agricultural and horticultural produce is one of the focus areas of the government.

46 Absence of uniform regulations in States for the Agricultural Produce Marketing Committee (APMC) Act and lack of similar taxation system are considered to be major hurdles in establishing a common market. Indicating that the popular GST (Goods and Service Tax) will be implemented, the government is set to achieve market integration across the country. GST will play an important role in unifying the markets across the nation. It is also expected that this will boost trade among States. However, trading in agriculture and horticulture produce could get excluded if States do not come forward to create a facilitating environment.. Strategy of Karnataka At a time when many States have not been able to reform their APMC Acts, Karnataka has taken initiatives that were not conceptualised even under the model Act. The focus of the Karnataka Government has always been on improving the regulation, enhancing the efficiency of market, promotion of processing, export and facilitating infrastructure for agriculture and horticulture. The State has also set an example in formulating and practicing one of the best governance systems in agricultural marketing. Major initiatives One of the major initiatives taken by Karnataka to implement market reforms in the agricultural marketing sector is establishment of Rashtriya e-market Services Limited (ReMS), a joint venture of Karnataka Government and NCDEX Spot Exchange Limited. It was the Agricultural Marketing Reforms Committee 2013, headed by Manoj Rajan, Additional Secretary (Market Reforms), Government of Karnataka, who emphasised the importance of leveraging technology in agricultural marketing system. Accordingly, with the establishment of ReMS the State has set an example of market integration. The ReMS claims to offer complete technology and management solution for modernising markets in state and operating the markets at a par with international practices. The unified market platform has integrated some 51 markets so far. It aims at covering all the155 main market yards as well as 354 sub-yards. From the day of its launch (February 22, 2014), 7.5 lakh lots of trading has been done on the platform with 45 lakh bids being made.

47 Transactions on the platform are worth 15,000 crore. It has accommodated lakhs of farmers, 31,473 traders and 17,149 commission agents for all the 92 regulated commodities. Range of services The services offered on ReMS are beyond imagination for most of the APMCs in the country. ReMS offers automated auction and post auction process (weighing, invoicing, market fee collection, accounting, payment of sale proceeds directly to farmers), assaying facilities in markets, facilitate warehouse-based sale of produce, facilitate commodity funding to benefit all stakeholders, price dissemination, secondary market development and capacity building for stakeholders. Reaping the benefits Some of the major benefits of the platform are: single licensing system, increased competition, easy and fast trading, better price discovery, etc. Under this new initiative, traders are allowed to participate in auctioning at all APMCs in the State with a single licence. Participants such as businessmen, traders, millers, etc. from other States as well are allowed to participate in online auctions. This has resulted in better price discovery which is determined by considering demand and supply equation not only of Karnataka but also in other States. The other benefits which are reaped through this unique initiative are increased arrival of commodities (diversion of trade from open market to APMCs), real time monitoring of prices across the State, transparency in operations such as weighing, pricing, billing, etc. and better quality maintenance of the produce. The platform also facilitates users to track the integrated markets of specific commodities. For example, an user can access the information about Tur (Arhar) in the markets of Raichur, Gulbarga, Chitradurga and Tumkur online. In the next phase of its reform, the State is looking forward to establish a system of transfer of money to the accounts of farmers directly. Lesson for other states The ReMS is capable of accommodating large number of transactions. Other States can also reform their agricultural marketing framework to become a part of this revolutionary step. In

48 anticipation of implementation of GST, States have to initiate to unify the market which later can be integrated into national market. The writers are associated with National Institute of Agricultural Marketing, Jaipur. Views are personal. (This article was published on January 28, 2015)

49 Broadcast: GSTV Date : January 19, 2015 Headline: Commodity Special Program - Talod

50 Broadcast: CNBC Awaaz Date : January, 2015 Headline: Action 2015

51 Publication: Nafa Nuksan Date : January, 2015 Headline: Commodity trade in eatable products

52 Publication: The Economics Times (Blogs) Date : January 7, 2015 Headline: Why government should not see gold as a burden Why government should not see gold as a burden January 7, 2015, 3:01 PM IST Nidhi Nath Srinivas in Something Fresh Economy, India ET India is burdened by its love for gold. Our position as the one of world s top gold consumers has become a cross round our neck. But need it be so? Not if China s success is any indicator. China has single-handedly tilted the balance of power in world gold market from West to East. China is the most important player in the world gold market. It accumulates gold for its monetary value and in anticipation of a new monetary system. In 2013, China emerged as the world s largest producer and consumer of gold. In 2014, it effectively sealed this dominance with a unique mix of market-savvy strategies. The first one was to encourage its people to start holding gold. In 1950, communist China prohibited private ownership of bullion and put the gold industry under state control. Fifty years later the People s Bank of China abandoned its monopoly on the purchase, allocation and pricing of gold. In 2004, for the first time since 1950, private persons were permitted to own and trade gold. Gold demand in China could not have flourished as it has without the blessing of the authorities. The World Gold Council s recent report, China Gold Market: Progress and Prospects, says, China s leaders regard the public s gold holdings as part of the nation s reserves that could be called upon in an emergency. China should accumulate 8,500 tonnes in official gold reserves, more than the US, according to Song Xin, President of the China Gold Association, General Manager of the China National Gold Group Corporation and Party Secretary. Investment in gold has benefited also from the limited selection of alternative forms of savings in China. Today China is the world s largest market for gold bars.

53 This demand will only accelerate in future. And it will be a fundamental factor supporting the flow of gold from West to East. The second aspect of the strategy is to consolidate its pole position as largest producer of gold in the world. Gold s big three (South Africa, the United States, and Australia) were the big three for a long time. In 2007, China overtook them. Gold production over the last decade has more than doubled. Interestingly, the major source of China s big increase in production is thousands of new smaller-scale mines. With labour and materials cheap, coupled with a generally lax regulatory system, it s not too difficult to develop a mining operation. Foreign expansion will be a growing priority for Chinese mining companies. Australia, Peru, Canada, Colombia and the United States are all attractive destinations for investment. Growing political ties between China and Africa will also spur the development of projects in Ghana and Congo. China s central bank recently circulated a draft plan to ease restrictions on gold imports by local miners. The third strategy is the internationalization of its gold market. Until recently, China s gold market was closed. Now Chinese regulators are pushing to open up the country s gold trade and lure foreign investors as part of its broader effort to link the mainland to global markets. In September, it began offering international institutions access to yuan-denominated gold contracts in Shanghai s free-trade zone through the International Board of SGE. The core business of the SGEI is to facilitate offshore gold trading in RMB. International customers can only deposit and withdrawal gold into and from IB Certified Vaults. This way international banks or investors trading IB physical products cannot drain physical gold from China mainland. The first transactions were put through by a diverse group comprising HSBC, MKS (Switzerland), and the Chinese banks, ICBC, Bank of China and Bank of Communications. MKS is the Geneva headquartered precious metals trading group that also owns the large PAMP refinery in Switzerland. International bullion banks who have already announced their participation include ANZ, Standard Chartered and HSBC. The presence of international refineries within SGEI trading should help it become a serious competitor to the gold price discovery in the London and New York markets. Since there is a

54 lot of physical gold flowing through the exchange, price discovery is not just based on mostly unallocated gold as in London or paper gold as in New York. There is also a larger game plan here. The world price of gold is dollar-priced and fluctuates with the US dollar. With the shaky status of the US dollar as the international reserve currency, China wants a new global currency setup. China has established a free trade yuandenominated spot gold trading platform and a corresponding settlement system to increase China s influence over global bullion prices. The fourth, and related, development has been the closer relationship between Hong Kong, Singapore, and Shanghai gold markets. The Hong Kong-based Chinese Gold and Silver Society recently announced that they plan to build a massive new precious metals vault in Qianhai in Shenzhen. Its real purpose is to support a CGSE gold trading platform in Shenzhen and allow this new Shenzhen gold exchange to link up with the Shanghai Gold Exchange. Singapore has also introduced a physical gold contract this year in tandem with SGE, highlighting a push in the biggest consuming region to establish new price benchmarks as demand shifts east. In the past, the world s gold supply was channeled through London. Now a majority of refiners are in Switzerland and they are increasingly producing the 1 kg bar destined for Asia. With China opening up gold importing to bullion banks to channel gold directly to Shanghai, the supply through London is falling. So the ability of London to reflect a price that accounts for the bulk of global demand/supply is diminishing. Soon global gold suppliers and buyers will flock to do business in Shanghai rather than in London. In short, China is purposefully changing the structure of the world gold market. China s moves show that some governments believe gold will return to its role as an international currency. That gold can fill the vacuum created by the flailing ruble, dollar and the euro. India, as the other engine of the demand pull from the East, can equally easily take advantage of this shift. But that will only happen when we stop seeing gold as a burden, or as merely raw material for the jewellery sector, and fit it into our broader strategic and financial imperatives.

55 Publication: Nafa Nuksan Date : January 30, 2015 Headline: Exchange Traded Forwards: Multiple Options of Delivery

56 Publication: Agro One Sakal Date : January 24, 2015 Headline: Exchange Traded Forwards: Multiple Options of Delivery

57 Publication: Agro One Sakal Date : January 22, 2015 Headline: Exchange Traded Forwards: Flexible Quality Norms & Assured Quality

58 Publication: Business Line & Business Standard Date : January 21, 2015 Headline: Exchange Traded Forwards: Streamlined Settlement

59 Publication: Sanmarg Date : January 29, 2015 Headline: Exchange Traded Forwards: Multiple Options of Delivery

60 Publication: Sanmarg Date : January 22, 2015 Headline: Exchange Traded Forwards: Flexible Quality Norms & Assured Quality

61 Publication: Nafa Nuksan Date : January 20, 2015 Headline: Exchange Traded Forwards: Flexible Quality Norms & Assured Quality

62 Publication: Agro One Sakal Date : January 22, 2015 Headline: Exchange Traded Forwards: Flexible Quality Norms & Assured Quality

63 Publication: Nav Gujarat Samay Date : January 17, 2015 Headline: Exchange Traded Forwards: Traditional v/s ETF

64 Publication: Nav Gujarat Samay Date : January 13, 2015 Headline: Exchange Traded Forwards: Price Flexibility

65 Twitter Coverage Date : January, 2015

66

67

68

69

70

71

72

73 YouTube Coverage Date : January, 2015