Snapshot of activities Sr. no Activity Status 1 Open Interest on NCDEX up 31% in Aug Issued on 12 September, 2014 2 NCDEX brings e-markets to farmers - launches Exchange Traded Forwards Issued on 24 September 2014.
Press Release on Open Interest on NCDEX up 31% in Aug Wire Sr. No Date Wire Headline 1 12.09.14 PTI Open Interest on NCDEX up 31% in Aug Print Sr. Date Publication Headline No 1 The Financial Open interest on NCDEX up 31% in August at Express RS 6,901 crore 2 Business NCDEX sees 31% rise in open interest Standard 3 Vyapar NCDEX sees 31% rise in open interest 4 13.09.14 Gujarat Pranam NCDEX sees 31% rise in open interest 5 Karnavati NCDEX sees 31% rise in open interest Express 6 Mahanagar NCDEX sees 31% rise in open interest Metro 7 Marvad Mitra NCDEX sees 31% rise in open interest 8 Herald NCDEX sees 31% rise in open interest Youngleader 9 Chak De Gujarat NCDEX sees 31% rise in open interest 10 Divya Gujarat NCDEX sees 31% rise in open interest 11 Rajasthan NCDEX sees rise in business Patrika 12 Navbharat Open Interest on NCDEX grows 31% yoy 14.09.14 13 Standard Herald NCDEX sees 31% rise in open interest 14 Gujarat 15.09.14 Samachar 15 16.09.14 Sandesh Open Interest on NCDEX grows 31% yoy Online
Sr. Date Website Headline Link No 1 economictimes.i Open Interest on http://articles.economicti ndiatimes.com NCDEX up 31% in August mes.indiatimes.com/2014-09- 12/news/53851131_1_soy a-oil-ncdex-volume 2 12.09. businessstandard.com Open Interest on NCDEX up 31% in Aug http://www.businessstandard.com/article/ptistories/open-interest-onncdex-up-31-in-aug- 114091200678_1.html 3 14 htsyndication.co m NCDEX open interest up 31% in Aug Castorseed Ref Soyoil Soyabean toppers http://www.htsyndication.c om/htsportal/article/ncde X-open-interest-up- 31percent-in-Aug- Castorseed-Ref-Soyoil- Soyabeantoppers/5485677 4 smartinvestor.in Open Interest on NCDEX up 31% in Aug http://www.smartinvestor.i n/market/story-265348- storydet- Open_Interest_on_NCDEX_ up_31_in_aug.htm#.vbzhlz SSwwE 5 commodityonline.com NCDEX open interest up 31% in Aug, Castorseed, Ref Soyoil, Soyabean toppers http://www.commodityonli ne.com/news/ncdexopen-interest-up-31-inaug-castorseed-refsoyoil-soyabean-toppers- 59814-3-59815.html 6 24dunia.com NCDEX open interest up 31% in Aug, Castorseed, Ref Soyoil, Soyabean toppers http://www.24dunia.com/ englishnews/shownews/33/ncde X-open-interest-up-31- in-aug-castorseed-ref- Soyoil-Soyabeantoppers/19529724.html
7 newsvoir.com Open Interest on NCDEX up 31% in Aug 8 thefirstmail.in NCDEX last month was Rs 6,901 crore, up 31 per cent against a year ago 9 15.09. businessstandard.com Open Interest on 14 NCDEX up 31% in Aug http://www.newsvoir.com/ release/open-interest-on- ncdex-grows-31-yoy- 1622.html http://thefirstmail.in/news /business http://wap.businessstandard.com/article/mark ets/open-interest-on- ncdex-up-31-in-aug- 114091200678_1.html
Wire Wire: PTI Date : September 13, 2014 Headline: Open Interest on NCDEX up 31% in Aug Open Interest on NCDEX up 31% in Aug Mumbai, Sept 12 (PTI) Open interest on the leading commodity exchange NCDEX last month was Rs 6,901 crore, up 31 per cent against a year ago. Open Interest is the total number of contracts or deals of an underlying commodity that have neither been offset and closed by an opposite transaction nor fulfilled by delivery of the cash. "Open Interest is an extremely important metric that shows the health and effectiveness of an exchange. We have the best volume to open interest ratio in the country and we will continue to aggressively build on it," NCDEX MD & CEO Samir Shah said. The average daily turnover volume (ADTV) for the month stood at Rs 3,514 crore with 93,396 MT of commodities delivered through the exchange platform in August, NCDEX said in a statement here. In the agri segment, monthly total volume was Rs 68,495.21 crore. The top three commodities were castor seed, refined soya oil and soyabean. The total traded volume for refined soya oil was Rs 12,853 crore, while for soyabean it was Rs 7,051 crore. Castor seed futures clocked volumes of Rs 14,514 crore; with over 18 per cent year-over-year growth. 10 MT guar seed also saw excellent participation, clocking a volume of Rs 4,925 crore, 300 percent y-o-y growth. The Exchange received approval from the regulator to introduce exchange traded forward contracts and has introduced a new membership category in it.
Print Publication : The Financial Express Date : September 13, 2014 Headline: NCDEX sees 31% rise in open interest
Publication : Business Standard Date : September 13, 2014 Headline: NCDEX sees 31% rise in open interest
Publication : Sandesh Date : September 13, 2014 Headline: NCDEX sees 31% rise in open interest
Publication : Vyapar Date : September 13, 2014 Headline: NCDEX sees 31% rise in open interest
Publication : Chakde Gujarat Date : September 13, 2014 Headline: NCDEX sees 31% rise in open interest
Publication : Karnavati Express Date : September 13, 2014 Headline: NCDEX sees 31% rise in open interest
Publication : Mahanagar Metro Date : September 13, 2014 Headline: NCDEX sees 31% rise in open interest
Publication : Marvad Mitra Date : September 13, 2014 Headline: NCDEX sees 31% rise in open interest
Publication : Herald Youngleader Date : September 13, 2014 Headline: NCDEX sees 31% rise in open interest
Publication : Divya Gujarat Date : September 13, 2014 Headline: NCDEX sees 31% rise in open interest
Publication : Rajasthan Patrika Date : September 13, 2014 Headline: NCDEX sees rise in business
Publication : Navbharat Date : September 14, 2014 Headline: Open Interest on NCDEX grows 31% yoy
Publication : Standard Herald Date : September 14, 2014 Headline: NCDEX sees 31% rise in open interest
Publication : Gujarat Samachar Date : September 15, 2014 Headline: NCDEX sees 31% rise in open interest
Publication : Sandesh Date : September 16, 2014 Headline: NCDEX sees 31% rise in open interest
Online: Website : economictimes.indiatimes.com Date : September 12, 2014 Headline: Open Interest on NCDEX up 31% in August MUMBAI: Open interest on the leading commodity exchange NCDEX last month was Rs 6,901 crore, up 31 per cent against a year ago. Open Interest is the total number of contracts or deals of an underlying commodity that have neither been offset and closed by an opposite transaction nor fulfilled by delivery of the cash. "Open Interest is an extremely important metric that shows the health and effectiveness of an exchange. We have the best volume to open interest ratio in the country and we will continue to aggressively build on it," NCDEX MD & CEO Samir Shah said. The average daily turnover volume (ADTV) for the month stood at Rs 3,514 crore with 93,396 MT of commodities delivered through the exchange platform in August, NCDEX said in a statement here. In the agri segment, monthly total volume was Rs 68,495.21 crore. The top three commodities were castor seed, refined soya oil and soyabean. The total traded volume for refined soya oil was Rs 12,853 crore, while for soyabean it was Rs 7,051 crore. Castor seed futures clocked volumes of Rs 14,514 crore; with over 18 per cent year-over-year growth. 10 MT guar seed also saw excellent participation, clocking a volume of Rs 4,925 crore, 300 per cent y-o-y growth. The Exchange received approval from the regulator to introduce exchange traded forward contracts and has introduced a new membership category in it.
Website : business-standard.com Date : September 12, 2014 Headline: Open Interest on NCDEX up 31% in August Open interest on the leading commodity exchange NCDEX last month was Rs 6,901 crore, up 31% against a year ago. Open Interest is the total number of contracts or deals of an underlying commodity that have neither been offset and closed by an opposite transaction nor fulfilled by delivery of the cash. "Open Interest is an extremely important metric that shows the health and effectiveness of an exchange. We have the best volume to open interest ratio in the country and we will continue to aggressively build on it," NCDEX MD & CEO Samir Shah said. The average daily turnover volume (ADTV) for the month stood at Rs 3,514 crore with 93,396 MT of commodities delivered through the exchange platform in August, NCDEX said in a statement here. In the agri segment, monthly total volume was Rs 68,495.21 crore. The top three commodities were castor seed, refined soya oil and soyabean. The total traded volume for refined soya oil was Rs 12,853 crore, while for soyabean it was Rs 7,051 crore. Castor seed futures clocked volumes of Rs 14,514 crore; with over 18% year-over-year growth. 10 MT guar seed also saw excellent participation, clocking a volume of Rs 4,925 crore, 300 percent y-o-y growth. The Exchange received approval from the regulator to introduce exchange traded forward contracts and has introduced a new membership category in it.
Website : htsyndication.com Date : September 12, 2014 Headline: NCDEX open interest up 31% in Aug Castorseed Ref Soyoil Soyabean toppers India, Sept. 12 -: The Open Interest on the National Commodity and Derivatives Exchange (NCDEX) the leading commodity exchange for August 2014 stood at Rs 6901 crore seeing a 31% increase over the same period last year. The Average Daily Trading Volume( ADTV) for the month stood at Rs. 3514 crore. With 93 396 MT of commodities delivered through the exchange platform in the month. For the agri segment the monthly total volume was Rs. 68 495.21 crore. The top three commodities were Castor Seed Refined Soya Oil and Soyabean. The total traded volume for Refined Soya Oil was Rs. 12853 crore while that for Soyabean was Rs. 7051 crore. Castor seed futures clocked volumes of Rs. 14 514 crore with over 18% yoy growth.
Website : smartinvestors.com Date : September 12, 2014 Headline: Open Interest on NCDEX up 31% in Aug "Open Interest is an extremely important metric that shows the health and effectiveness of an exchange. We have the best volume to open interest ratio in the country and we will continue to aggressively build on it," NCDEX MD & CEO Samir Shah said. The average daily turnover volume (ADTV) for the month stood at Rs 3,514 crore with 93,396 MT of commodities delivered through the exchange platform in August, NCDEX said in a statement here. In the agri segment, monthly total volume was Rs 68,495.21 crore. The top three commodities were castor seed, refined soya oil and soyabean. The total traded volume for refined soya oil was Rs 12,853 crore, while for soyabean it was Rs 7,051 crore. Castor seed futures clocked volumes of Rs 14,514 crore; with over 18% year-over-year growth. 10 MT guar seed also saw excellent participation, clocking a volume of Rs 4,925 crore, 300 percent y-o-y growth. The Exchange received approval from the regulator to introduce exchange traded forward contracts and has introduced a new membership category in it.
Website : commodityonline.com Date : September 12, 2014 Headline: NCDEX open interest up 31% in Aug, Castorseed, Ref Soyoil, Soyabean toppers MUMBAI (Commodity Online):The Open Interest on the National Commodity and Derivatives Exchange (NCDEX), the leading commodity exchange for August 2014 stood at Rs. 6901 crore, seeing a 31% increase over the same period last year. The Average Daily Trading Volume( ADTV) for the month stood at Rs. 3514 crore. With 93,396 MT of commodities delivered through the exchange platform in the month. For the agri segment, the monthly total volume was Rs. 68,495.21 crore. The top three commodities were Castor Seed, Refined Soya Oil and Soyabean. The total traded volume for Refined Soya Oil was Rs. 12853 crore, while that for Soyabean was Rs. 7051 crore. Castor seed futures clocked volumes of Rs. 14,514 crore; with over 18% yoy growth. 10 MT Guar seed has also seen excellent participation; clocking a volume of Rs. 4925 crore, 300% yoy growth. The Exchange received approval from the regulator to introduce exchange traded forward contracts and has introduced a new membership category for the same. Mr. Samir Shah, MD & CEO, NCDEX said "Open Interest is an extremely important metric that shows the health and effectiveness of an Exchange. We have the best volume to open interest ratio in the country and this is a fantastic foundation to have for any Exchange and we will continue to aggressively build on it."
Website : 24dunia.com Date : September 12, 2014 Headline: NCDEX open interest up 31% in Aug, Castorseed, Ref Soyoil, Soyabean toppers MUMBAI (Commodity Online):The Open Interest on the National Commodity and Derivatives Exchange (NCDEX), the leading commodity exchange for August 2014 stood at Rs. 6901 crore, seeing a 31% increase over the same period last year. The Average Daily Trading Volume( ADTV) for the month stood at Rs. 3514 crore. With 93,396 MT of commodities delivered through the exchange platform in the month. For the agri segment, the monthly total volume was Rs. 68,495.21 crore. The top three commodities were Castor Seed, Refined Soya Oil and Soyabean. The total traded volume for Refined Soya Oil was Rs. 12853 crore, while that for Soyabean was Rs. 7051 crore. Castor seed futures clocked volumes of Rs. 14,514 crore; with over 18% yoy growth. 10 MT Guar seed has also seen excellent participation; clocking a volume of Rs. 4925 crore, 300% yoy growth. The Exchange received approval from the regulator to introduce exchange traded forward contracts and has introduced a new membership category for the same. Mr. Samir Shah, MD & CEO, NCDEX said "Open Interest is an extremely important metric that shows the health and effectiveness of an Exchange. We have the best volume to open interest ratio in the country and this is a fantastic foundation to have for any Exchange and we will continue to aggressively build on it."
Website : newsvoir.com Date : September 12, 2014 Headline: Open Interest on NCDEX Grows 31% Y-o-Y Mumbai, Maharashtra, India Highlights Open Interest: Rs. 6,901 crore in August 2014; 31% yoy increase. Total traded value of Rs.70,277 crore with average daily traded value of Rs.3514 crore for the month of August 2014 93, 396 MT quantity delivered through the exchange platform for the month of August 2014. The Open Interest on the National Commodity and Derivatives Exchange (NCDEX), the leading commodity exchange for August 2014 stood at Rs. 6901 crore, seeing a 31% increase over the same period last year. The ADTV for the month stood at Rs. 3514 crore. With 93,396 MT of commodities delivered through the exchange platform in the month. For the agri segment, the monthly total volume was Rs. 68,495.21 crore. The top three commodities were Castor Seed, Refined Soya Oil and Soyabean. The total traded volume for Refined Soya Oil was Rs. 12853 crore, while that for Soyabean was Rs. 7051 crore. Castor seed futures clocked volumes of Rs. 14,514 crore; with over 18% yoy growth. 10 MT Guar seed has also seen excellent participation; clocking a volume of Rs. 4925 crore, 300% yoy growth. The Exchange received approval from the regulator to introduce exchange traded forward contracts and has introduced a new membership category for the same. Mr. Samir Shah, MD & CEO, NCDEX said Open Interest is an extremely important metric that shows the health and effectiveness of an Exchange. We have the best volume to open interest ratio in the country and this is a fantastic foundation to have for any Exchange and we will continue to aggressively build on it.
ABOUT NCDEX: As India s leading online exchange, NCDEX is where customers repose trust. It offers the widest range of benchmark products across agriculture, metals and precious metals. NCDEX brings buyers and sellers together through its electronic trading platform. With a widely held shareholding, it enjoys the distinction of being the only exchange in the country promoted by national level institutions. The institutional promoters and shareholders of NCDEX are prominent players in their respective fields and bring with them institutional building experience, trust, nationwide reach, technology and risk management skills.
Website : thefirstmail.in Date : September 12, 2014 Headline: Open Interest on NCDEX Grows 31% Y-o-Y Open interest on the leading commodity exchange NCDEX last month was Rs 6,901 crore, up 31% against a year ago. Open Interest is the total number of contracts or deals of an underlying commodity that have neither been offset and closed by an opposite transaction nor fulfilled by delivery of the cash. "Open Interest is an extremely important metric that shows the health and effectiveness of an exchange. We have the best volume to open interest ratio in the country and we will continue to aggressively build on it," NCDEX MD & CEO Samir Shah said. The average daily turnover volume (ADTV) for the month stood at Rs 3,514 crore with 93,396 MT of commodities delivered through the exchange platform in August, NCDEX said in a statement here. In the agri segment, monthly total volume was Rs 68,495.21 crore. The top three commodities were castor seed, refined soya oil and soyabean. The total traded volume for refined soya oil was Rs 12,853 crore, while for soyabean it was Rs 7,051 crore. Castor seed futures clocked volumes of Rs 14,514 crore; with over 18% year-over-year growth. 10 MT guar seed also saw excellent participation, clocking a volume of Rs 4,925 crore, 300 percent y-o-y growth. The Exchange received approval from the regulator to introduce exchange traded forward contracts and has introduced a new membership category in it.
Website : businessstandard.com Date : September 15, 2014 Headline: Open Interest on NCDEX up 31% in Aug Open interest on the leading commodity exchange NCDEX last month was Rs 6,901 crore, up 31% against a year ago. Open Interest is the total number of contracts or deals of an underlying commodity that have neither been offset and closed by an opposite transaction nor fulfilled by delivery of the cash. "Open Interest is an extremely important metric that shows the health and effectiveness of an exchange. We have the best volume to open interest ratio in the country and we will continue to aggressively build on it," NCDEX MD & CEO Samir Shah said. The average daily turnover volume (ADTV) for the month stood at Rs 3,514 crore with 93,396 MT of commodities delivered through the exchange platform in August, NCDEX said in a statement here. In the agri segment, monthly total volume was Rs 68,495.21 crore. The top three commodities were castor seed, refined soya oil and soyabean. The total traded volume for refined soya oil was Rs 12,853 crore, while for soyabean it was Rs 7,051 crore. Castor seed futures clocked volumes of Rs 14,514 crore; with over 18% year-over-year growth. 10 MT guar seed also saw excellent participation, clocking a volume of Rs 4,925 crore, 300 percent y-o-y growth. The Exchange received approval from the regulator to introduce exchange traded forward contracts and has introduced a new membership category in it.
Press Release on NCDEX brings e-markets to farmers - launches Exchange Wire Traded Forwards Sr. No Date Wire Headline 1 24.09.14 PTI NCDEX launches exchange traded forwards 'Agrim Sauda' NCDEX launches exchange traded forwards 'Agrim Sauda' Mumbai, Sep 24 (PTI) Commodity exchange NCDEX today announced the launch of the forwards segment, Agrim Sauda, on its national level electronic platform. The contract will be available from tomorrow, September 25, 2014, NCDEX said in a release issued here. "India needs well-functioning agricultural markets where rising incomes improve the lives of millions of farmers and high quality food can reach 1.25 billion consumers, thereby becoming an integral part of inclusive growth transformation. "With this initiative, we are attempting to bring real inclusiveness in the real economy," NCDEX Managing Director and CEO Samir Shah said. It will offer the benefits of transparent trade practices and national market reach through registered FPOs (Farmer Producer Organisation), he said, adding that it will help increase the geographic reach of buyers and sellers. NCDEX is providing opportunity for physical market players to reduce the counterparty default risk by executing their bilateral trade under the regulatory framework of the Exchange as also the Forward Markets Commission (FMC), without having to give up their comfort of trading in contracts customised to their needs. Unlike the futures contracts wherein the specifications are standardised, the 'Exchange traded Forward contracts' will allow trading parties to negotiate quantity and also the
quality of the underlying commodity, date, place of delivery and settlement price as per their mutual requirements. To begin with, this facility is being offered for sugar and maize and will be extended to other commodities soon.
Print: Sr. Date Publication Headline No 1 The Financial Express NCDEX launches exchange traded forwards 'Agrim Sauda' 2 The Hindu Business Line NCDEX launched forward contract in agri commodities 3 Business Standard- Hindi NCDEX launches exchange traded forwards 'Agrim Sauda' 4 The Economic Times- Hindi NCDEX launches exchange traded forwards 'Agrim Sauda' 5 25.09.14 Manav Mitra (Hindi) NCDEX brings e-markets to farmers launches Exchange Traded Forwards Manav Mitra (Gujarati) NCDEX brings e-markets to farmers launches Exchange Traded Forwards 6 Gujarat Pranam NCDEX launched forward contract in agri commodities 7 Mahanagar Metro NCDEX launched forward contract in agri commodities 8 Marvad Mitra NCDEX launches exchange traded forwards 'Agrim Sauda' 9 Chak De Gujarat NCDEX launched forward contract in agri commodities 10 Gujarat Samay (Scan will be sent to you in a while) NCDEX launches exchange traded forwards 'Agrim Sauda' 11 Sandesh NCDEX launched forward contract in agri commodities 12 Mahanagar Metro NCDEX launches exchange traded forwards 'Agrim Sauda' 13 Marvad Mitra NCDEX launched forward contract in agri commodities 14 Gujarat Samay NCDEX launches exchange traded forwards 'Agrim Sauda'
15 Business Standard NCDEX launched forward contract 26.09.14 for maize, sugar 16 Gujarat Niti NCDEX launched forward contract in agri commodities 17 27.09.14 Metro Hernald NCDEX launches exchange traded forwards 'Agrim Sauda' 18 29.09.14 Standard Herald NCDEX launched forward contract in agri commodities 19 Suryakaal NCDEX launched forward contract in agri commodities
Online Sr. Date Website Headline Link No 1 Economictimes.com NCDEX launches exchange traded forwards 'Agrim Sauda' http://economictimes.in diatimes.com/markets/c ommodities/ncdexlaunches-exchangetraded-forwards-agrimsauda/articleshow/4334 9158.cms 2 Business-standard.com NCDEX launches forward contract for http://www.businessstandard.com/article/ma 24.09. 14 maize, sugar rkets/ncdex-launchesforward-contract-formaize-sugar- 114092400570_1.html 3 Smartinvestor.com NCDEX launches forward contract for maize, sugar http://smartinvestor.bus inessstandard.com/market/m arketnews-267607- Marketnewsdet- NCDEX_launches_forwar d_contract_for_maize_su gar.htm 4 hindubbusinessline.co m NCDEX launches forward contract in agri commodities http://www.thehindubus inessline.com/markets/c ommodities/ncdex-tolaunch-forwardcontract/article6441705. ece 5 financialexpress.com NCDEX launches forward contract in agri commodities http://www.financialexpr ess.com/news/ncdexto-launch-panindiaforward-contract-fortrade/1292517 6 Mydigitalfc.com NCDEX launches exchange traded http://www.mydigitalfc.c om/news/ncdex-
forwards 'Agrim Sauda' 7 Sugarlonline.com NCDEX launches exchange traded forwards 'Agrim Sauda' 8 IBM Money NCDEX launches exchange traded forwards 'Agrim Sauda' 9 Finthoughts.com NCDEX launches exchange traded forwards 'Agrim Sauda' 10 Indiainfolline.com NCDEX launches Exchange Traded Forwards to brings e-markets 11 Investmentguruindia.co NCDEX launches m forward contracts in maize and sugar 12 Commodityonline.com Agrim Sauda: NCDEX launches forward contracts in agri commodities 13 Newsvoir.com NCDEX Brings E- Markets to Farmers - Launches launches-exchangetraded-forwards-agrimsauda-726 http://www.sugaronline. com/news/website_cont ents/view/1237529 http://ibnmoney.com/in /2014/09/24/ncdexlaunches-exchangetraded-forwards-agrimsauda/ http://finthoughts.com/f eedpost/ncdexintroduces-forwardscontracts-segmentagrim-sauda/ http://www.indiainfoline. com/article/marketcommodity/ncdexlaunches-exchangetraded-forwards-tobrings-e-markets- 114092400107_1.html http://www.investmentg uruindia.com/commoditi es/ncdex-launchesforward-contracts-inmaize-and-sugar http://www.commodityo nline.com/news/agrimsauda-ncdex-launchesforward-contracts-inagri-commodities- 59977-3-59978.html http://www.newsvoir.co m/release/ncdexbrings-e-markets-to-
Exchange Traded Forwards 14 Cityairnews.com NCDEX brings e- markets to farmers - launches Exchange Traded Forwards 15 Apnnews.com NCDEX brings e- markets to farmers launches Exchange Traded Forwards 16 Newssuperfast.com NCDEX brings e- markets to farmers launches Exchange Traded Forwards farmers-launchesexchange-tradedforwards-1744.html http://cityairnews.com/c ontent/ncdex-brings-emarkets-farmerslaunches-exchangetraded-forwards0020 http://www.apnnews.co m/2014/09/24/ncdexbrings-e-markets-tofarmers-launchesexchange-tradedforwards/ http://newssuperfast.co m/2014/09/24/ncdexbrings-e-markets-tofarmers-launchesexchange-tradedforwards/
Publication : The Financial Express Date : September 25, 2014 Headline: NCDEX to launch pan- Indian forward contract for trade
Publication : The Hindu Business Line Date : September 25, 2014
Headline: NCDEX launches forward contract in agri commodities
Publication : The Economic Times (Hindi) Date : September 25, 2014 Headline: NCDEX launches forward contract in agri commodities
Publication : Business Standard (Hindi) Date : September 25, 2014 Headline: NCDEX launches forward contract in agri commodities
Publication : Gujarat Pranam Date : September 25, 2014
Headline: NCDEX launches exchange traded forwards 'Agrim Sauda'
Publication : Chakde Gujarat Date : September 25, 2014 Headline: NCDEX launches exchange traded forwards 'Agrim Sauda'
Publication : Sandesh Date : September 25, 2014
Headline: NCDEX launches exchange traded forwards 'Agrim Sauda'
Publication : Manav Mitra Date : September 25, 2014 Headline: NCDEX launches exchange traded forwards 'Agrim Sauda'
Publication : Manav Mitra Date : September 25, 2014 Headline: NCDEX launches exchange traded forwards 'Agrim Sauda'
Publication : Mahanagar Metro Date : September 25, 2014 Headline: NCDEX launches exchange traded forwards 'Agrim Sauda'
Publication : Marvad Mitra Date : September 25, 2014 Headline: NCDEX launches exchange traded forwards 'Agrim Sauda'
Publication : Gujarat Samay Date : September 25, 2014 Headline: NCDEX launches exchange traded forwards 'Agrim Sauda'
Publication : Gujarat Niti Date : September 26, 2014 Headline: NCDEX launches exchange traded forwards 'Agrim Sauda'
Publication : Business Standard Date : September 26, 2014 Headline: NCDEX launches forward contract for maize, sugar
Publication : Metro Hernald Date : September 27, 2014 Headline: NCDEX launches exchange traded forwards 'Agrim Sauda'
Publication : Standard Herald Date : September 29, 2014 Headline: NCDEX launches exchange traded forwards 'Agrim Sauda'
Publication : Suryakaal Date : September 29, 2014 Headline: NCDEX launches exchange traded forwards 'Agrim Sauda'
Website : economictimes.com Date : September 24, 2014 Headline: NCDEX launches exchange traded forwards 'Agrim Sauda' MUMBAI: Commodity exchange NCDEX today announced the launch of the forwards segment, Agrim Sauda, on its national level electronic platform. The contract will be available from tomorrow, September 25, 2014, NCDEX said in a release issued here. "India needs well-functioning agricultural markets where rising incomes improve the lives of millions of farmers and high quality food can reach 1.25 billion consumers, thereby becoming an integral part of inclusive growth transformation. "With this initiative, we are attempting to bring real inclusiveness in the real economy," NCDEX Managing Director and CEO Samir Shah said. It will offer the benefits of transparent trade practices and national market reach through registered FPOs (Farmer Producer Organisation), he said, adding that it will help increase the geographic reach of buyers and sellers. NCDEX is providing opportunity for physical market players to reduce the counterparty default risk by executing their bilateral trade under the regulatory framework of the Exchange as also the Forward Markets Commission (FMC), without having to give up their comfort of trading in contracts customised to their needs. Unlike the futures contracts wherein the specifications are standardised, the 'Exchange traded Forward contracts' will allow trading parties to negotiate quantity and also the quality of the underlying commodity, date, place of delivery and settlement price as per their mutual requirements. To begin with, this facility is being offered for sugar and maize and will be extended to other commodities soon.
Website : businessstandard.com Date : September 24, 2014 Headline: NCDEX launches forward contract for maize, sugar National Commodity & Derivatives Exchange today announced the launch of forward segment for maize, sugar on electronic platform, which will we made available from 25 September and is called Agrim Sauda. Agrim Sauda facility will provide national market reach through registered FPOs (Farmer Producer Organisation). It will also enable all participants in the food and agriculture value chain to widen their reach, create a supply chain. Samir Shah, MD & CEO of NCDEX said: "India needs well-functioning agricultural markets where rising incomes improve the lives of millions of farmers and high quality food can reach 1.25 billion consumers, thereby becoming an integral part of inclusive growth transformation. With this initiative, NCDEX is attempting to bring real inclusiveness in the real economy."
Website : smartinvestors.in Date : September 24, 2014 Headline: NCDEX launches forward contract for maize, sugar National Commodity & Derivatives Exchange today announced the launch of forward segment for maize, sugar on electronic platform, which will we made available from 25 September and is called Agrim Sauda. Agrim Sauda facility will provide national market reach through registered FPOs (Farmer Producer Organisation). It will also enable all participants in the food and agriculture value chain to widen their reach, create a supply chain. Samir Shah, MD & CEO of NCDEX said: "India needs well-functioning agricultural markets where rising incomes improve the lives of millions of farmers and high quality food can reach 1.25 billion consumers, thereby becoming an integral part of inclusive growth transformation. With this initiative, NCDEX is attempting to bring real inclusiveness in the real economy."
Website : thehindubusinessline.com Date : September 24, 2014 Headline: NCDEX launches forward contract in agri commodities Mumbai, Sept 24: The National Commodity & Derivatives Exchange (NCDEX) plans to launch a forward contract on its national level electronic platform from Thursday. Unlike futures contracts, the quality and quantity of the commodity traded through forward contracts are decided mutually by the buyer and seller. The exchange provides guarantee for delivery. Dubbed as Agrim Sauda, the facility will offer the benefits of transparent trade practices and national market reach through registered Farmer Producer Organisation. Samir Shah, Managing Director, NCDEX, said the country needs well functioning agricultural markets to raise the income of farmers and provide high quality food to 1.25 billion consumers. In addition to the farmers, Agrim Sauda will help almost every participant in the segment including processors, exporters, traders and other value chain members. The Government procurement agencies can also benefit from this segment. The facility may make price predictability less onerous and contribute to the development of storage infrastructure for traded commodities, said the exchange.
Website : thefinancialexpress.com Date : September 24, 2014 Headline: NCDEX to launch pan-india forward contract for trade For the first time in the country, leading commodity exchange NCDEX is set to launch a pan-india forward contract on its electronic platform starting Thursday for facilitating trade between Farmer Producer Organisations (FPOs) and bulk buyers of agricultural commodities. Titled Agrim Sauda, the contract would allow farmers and processors, exporters, traders and other agri value chain members, a NCDEX statement on Wednesday stated. To begin with, the forward contract would be offered for sugar and maize and will be extended to other commodities in the next months. Agrim Sauda will help increase the geographic reach of buyers and sellers who initially had to incur huge transaction cost. With this, a buyer or a seller from one part of the country has the benefit of being able to buy or sell any commodity in any other part of the country, the exchange statement noted. Unlike the futures contracts wherein the contract specifications are standardised, the forward contracts will allow trading parties to negotiate issue such as quantity and quality of the specified commodity, date, place of delivery and settlement price. NCDEX also said the government procurement agencies can benefit from this segment. By making price predictability less onerous it is also likely to contribute in the development of storage infrastructure for traded commodities in and around its major producing and trading areas, Samir Shah, managing director, NCDEX, said. Shah said, India needs well-functioning agricultural markets where rising incomes improve the lives of millions of farmers and high quality food can reach 1.25 billion consumers, thereby becoming an integral part of inclusive growth transformation.
Meanwhile, Small Farmers Agribusiness Consortium (SFAC), which is setting up the first Kisan Mandi in the next couple of months in Delhi, has envisaged interest in participating in the NCDEX platform for sourcing various commodities We will definitely evaluate the forward contract model and will ask some of the FPOs to participate in the electronic platform for expanding their base, Parvesh Sharma, managing director, SFAC, told FE. To sell their produce through these new kisan mandis, the farmers won t have to pay the agents commission of 6% right now in the Delhi APMC market and the mandi tax of 1%. As a result, fruit and vegetable prices will drop by 20-25%. Farmers can showcase their produce in these mandis, which will be directly delivered to bulk consumers like resident welfare associations and corporate retailers and hotels, Sharma noted. Website : mydigitalfc.com Date : September 24, 2014 Headline: NCDEX launches exchange traded forwards 'Agrim Sauda' National Commodity exchange NCDEX today announced the launch of the forwards segment, Agrim Sauda, on its national level electronic platform. The contract will be available from tomorrow, September 25, 2014, NCDEX said in a release issued here. "India needs well-functioning agricultural markets where rising incomes improve the lives of millions of farmers and high quality food can reach 1.25 billion consumers, thereby becoming an integral part of inclusive growth transformation. "With this initiative, we are attempting to bring real inclusiveness in the real economy," NCDEX Managing Director and CEO Samir Shah said. It will offer the benefits of transparent trade practices and national market reach
through registered FPOs (Farmer Producer Organisation), he said, adding that it will help increase the geographic reach of buyers and sellers. NCDEX is providing opportunity for physical market players to reduce the counterparty default risk by executing their bilateral trade under the regulatory framework of the Exchange as also the Forward Markets Commission (FMC), without having to give up their comfort of trading in contracts customised to their needs. Unlike the futures contracts wherein the specifications are standardised, the 'Exchange traded Forward contracts' will allow trading parties to negotiate quantity and also the quality of the underlying commodity, date, place of delivery and settlement price as per their mutual requirements. To begin with, this facility is being offered for sugar and maize and will be extended to other commodities soon.
Website : ibnmoney.com Date : September 24, 2014 Headline: NCDEX launches exchange traded forwards 'Agrim Sauda' Commodity exchange NCDEX today announced the launch of the forwards segment, Agrim Sauda, on its national level electronic platform. The contract will be available from tomorrow, September 25, 2014, NCDEX said in a release issued here. "India needs well-functioning agricultural markets where rising incomes improve the lives of millions of farmers and high quality food can reach 1.25 billion consumers, thereby becoming an integral part of inclusive growth transformation. "With this initiative, we are attempting to bring real inclusiveness in the real economy," NCDEX Managing Director and CEO Samir Shah said. It will offer the benefits of transparent trade practices and national market reach through registered FPOs (Farmer Producer Organisation), he said, adding that it will help increase the geographic reach of buyers and sellers. NCDEX is providing opportunity for physical market players to reduce the counterparty default risk by executing their bilateral trade under the regulatory framework of the Exchange as also the Forward Markets Commission (FMC), without having to give up their comfort of trading in contracts customised to their needs. Unlike the futures contracts wherein the specifications are standardised, the 'Exchange traded Forward contracts' will allow trading parties to negotiate quantity and also the quality of the underlying commodity, date, place of delivery and settlement price as per their mutual requirements.
To begin with, this facility is being offered for sugar and maize and will be extended to other commodities soon.
Website : sugaronline.com Date : September 24, 2014 Headline: NCDEX launches exchange traded forwards 'Agrim Sauda' MUMBAI: Commodity exchange NCDEX today announced the launch of the forwards segment, Agrim Sauda, on its national level electronic platform. The contract will be available from tomorrow, September 25, 2014, NCDEX said in a release issued here. "India needs well-functioning agricultural markets where rising incomes improve the lives of millions of farmers and high quality food can reach 1.25 billion consumers, thereby becoming an integral part of inclusive growth transformation. With this initiative, we are attempting to bring real inclusiveness in the real economy," NCDEX Managing Director and CEO Samir Shah said. It will offer the benefits of transparent trade practices and national market reach through registered FPOs (Farmer Producer Organisation), he said, adding that it will help increase the geographic reach of buyers and sellers. NCDEX is providing opportunity for physical market players to reduce the counterparty default risk by executing their bilateral trade under the regulatory framework of the Exchange as also the Forward Markets Commission (FMC), without having to give up their comfort of trading in contracts customised to their needs. Unlike the futures contracts wherein the specifications are standardised, the 'Exchange traded Forward contracts' will allow trading parties to negotiate quantity and also the quality of the underlying commodity, date, place of delivery and settlement price as per their mutual requirements. To begin with, this facility is being offered for sugar and maize and will be extended to other commodities soon.
Website : theeconomictimes.com Date : September 24, 2014 Headline: NCDEX launches exchange traded forwards 'Agrim Sauda' MUMBAI: Commodity exchange NCDEX today announced the launch of the forwards segment, Agrim Sauda, on its national level electronic platform. The contract will be available from tomorrow, September 25, 2014, NCDEX said in a release issued here. "India needs well-functioning agricultural markets where rising incomes improve the lives of millions of farmers and high quality food can reach 1.25 billion consumers, thereby becoming an integral part of inclusive growth transformation. "With this initiative, we are attempting to bring real inclusiveness in the real economy," NCDEX Managing Director and CEO Samir Shah said. It will offer the benefits of transparent trade practices and national market reach through registered FPOs (Farmer Producer Organisation), he said, adding that it will help increase the geographic reach of buyers and sellers. NCDEX is providing opportunity for physical market players to reduce the counterparty default risk by executing their bilateral trade under the regulatory framework of the Exchange as also the Forward Markets Commission (FMC), without having to give up their comfort of trading in contracts customised to their needs. Unlike the futures contracts wherein the specifications are standardised, the 'Exchange traded Forward contracts' will allow trading parties to negotiate quantity and also the quality of the underlying commodity, date, place of delivery and settlement price as per their mutual requirements. To begin with, this facility is being offered for sugar and maize and will be extended to other commodities soon.
Website : finthoughts.com Date : September 24, 2014 Headline: NCDEX introduces forwards contracts segment Agrim Sauda National Commodity & Derivatives Exchange today announced the launch of forward segment for maize, sugar on electronic platform, which will we made available from 25 September and is called Agrim Sauda. Agrim Sauda facility will provide national market reach through registered FPOs (Farmer Producer Organisation). It will also enable all participants in the food and agriculture value chain to widen their reach, create a supply chain. Samir Shah, MD & CEO of NCDEX said: "India needs well-functioning agricultural markets where rising incomes improve the lives of millions of farmers and high quality food can reach 1.25 billion consumers, thereby becoming an integral part of inclusive growth transformation. With this initiative, NCDEX is attempting to bring real inclusiveness in the real economy."
Website : Indiainfoline.com Date : September 24, 2014 Headline: NCDEX launches exchange traded forwards to brings e- markets National Commodity exchange NCDEX today announced the launch of the forwards segment, Agrim Sauda, on its national level electronic platform. The contract will be available from tomorrow, September 25, 2014, NCDEX said in a release issued here. "India needs well-functioning agricultural markets where rising incomes improve the lives of millions of farmers and high quality food can reach 1.25 billion consumers, thereby becoming an integral part of inclusive growth transformation. "With this initiative, we are attempting to bring real inclusiveness in the real economy," NCDEX Managing Director and CEO Samir Shah said. It will offer the benefits of transparent trade practices and national market reach through registered FPOs (Farmer Producer Organisation), he said, adding that it will help increase the geographic reach of buyers and sellers. NCDEX is providing opportunity for physical market players to reduce the counterparty default risk by executing their bilateral trade under the regulatory framework of the Exchange as also the Forward Markets Commission (FMC), without having to give up their comfort of trading in contracts customised to their needs. Unlike the futures contracts wherein the specifications are standardised, the 'Exchange traded Forward contracts' will allow trading parties to negotiate quantity and also the quality of the underlying commodity, date, place of delivery and settlement price as per their mutual requirements.
To begin with, this facility is being offered for sugar and maize and will be extended to other commodities soon.
Website : investmentguruindia.com Date : September 24, 2014 Headline: NCDEX launches forward contracts in maize and sugar Online commodity exchange National Commodity & Derivatives Exchange Limited (NCDEX) on Wednesday announced it has launched forward contracts in maize and sugar on electronic platform from 25 September. The Exchange is pleased to announce that, as per the Bye-laws, Rules and Regulations of the Exchange and with the approval of the Forward Markets Commission, forward contracts in Maize and Sugar/Raw Sugar would be available for trading from September 25, 2014, NCDEX said in a press release. Called as Agrim Sauda, this facility will provide national market reach through registered FPOs (Farmer Producer Organisation). The minimum trading or delivery unit fixed for this trading platform is 10 MT, while minimum bid quantity is 10 MT and multiples of 10 MT thereafter.
Website : commodityonline.com Date : September 24, 2014 Headline: Agrim Sauda: NCDEX launches forward contracts in agri commodities Named farmer-friendly ''Agrim Sauda, this facility will offer the benefits of transparent trade practices and national market reach through registered FPOs (Farmer Producer Organisation) Open your HY Markets online trading account now and get deposit up to US$100! 24 Sep 2014 MUMBAI (Commodity Online):NCDEX, the leading commodity exchange, today announced the launch of the Forwards segment on its national level electronic platform. NCDEX is the first and only commodities exchange to offer exchange-traded Forward contracts in the country. The contract will be available from Thursday, 25th September, 2014. Named farmer-friendly ''Agrim Sauda, this facility will offer the benefits of transparent trade practices and national market reach through registered FPOs (Farmer Producer Organisation). Agrim Sauda will enable all participants in the food and agriculture value chain to widen their reach, create a seamless supply chain that is backed by state-of-the-art technology and protect themselves from counter-party risk. In short, its introduction will lead to an integration of commodity ecosystem leading to a more developed and efficient agriculture market. Mr. Samir Shah, MD & CEO, NCDEX said India needs well-functioning agricultural markets where rising incomes improve the lives of millions of farmers and high quality food can reach 1.25 billion consumers, thereby becoming an integral part of inclusive
growth transformation. With this initiative, NCDEX is attempting to bring real inclusiveness in the real economy. In addition to the farmers, Agrim Sauda will help almost every participant in the segment including processors, exporters, traders and other value chain members. Government procurement agencies can also benefit from this segment. By making price predictability less onerous it is also likely to contribute in the development of storage infrastructure for traded commodities in and around its major producing and trading areas. Agrim Sauda will help increase the geographic reach of buyers and sellers who initially had to incur huge investments in doing the same. With this innovation, a buyer or a seller from one part of the country has the benefit of being able to buy or sell any commodity in any other part of the country. NCDEX is providing opportunity for physical market players to reduce the counterparty default risk by executing their bilateral trade under the regulatory framework of the Exchange as also the Forward Markets Commission (FMC), without having to give up their comfort of trading in contracts customized to their needs. Unlike the futures contracts wherein the contract specifications are standardised, the Exchange traded Forward contracts will allow trading parties to negotiate quantity and also the quality of the underlying commodity, date, place of delivery and settlement price as per their mutual requirements. To begin with, this facility is being offered for Sugar and Maize and will be extended to other commodities going forward.
Website : newsvoir.com Date : September 24, 2014 Headline: NCDEX Brings E-Markets to Farmers - Launches Exchange Traded Forwards New Delhi, Delhi, India NCDEX, the leading commodity exchange, today announced the launch of the Forwards segment on its national level electronic platform. NCDEX is the first and only commodities exchange to offer exchange-traded Forward contracts in the country. The contract will be available from Thursday, 25 th September, 2014. Named farmer-friendly ``Agrim Sauda, this facility will offer the benefits of transparent trade practices and national market reach through registered FPOs (Farmer Producer Organisation). Agrim Sauda will enable all participants in the food and agriculture value chain to widen their reach, create a seamless supply chain that is backed by state-of-the-art technology and protect themselves from counter-party risk. In short, its introduction will lead to an integration of commodity ecosystem leading to a more developed and efficient agriculture market. Mr. Samir Shah, MD & CEO, NCDEX said India needs well-functioning agricultural markets where rising incomes improve the lives of millions of farmers and high quality food can reach 1.25 billion consumers, thereby becoming an integral part of inclusive growth transformation. With this initiative, NCDEX is attempting to bring real inclusiveness in the real economy. In addition to the farmers, Agrim Sauda will help almost every participant in the segment including processors, exporters, traders and other value chain members. Government procurement agencies can also benefit from this segment. By making price predictability less onerous it is also likely to contribute in the development of
storage infrastructure for traded commodities in and around its major producing and trading areas. Agrim Sauda will help increase the geographic reach of buyers and sellers who initially had to incur huge investments in doing the same. With this innovation, a buyer or a seller from one part of the country has the benefit of being able to buy or sell any commodity in any other part of the country. NCDEX is providing opportunity for physical market players to reduce the counterparty default risk by executing their bilateral trade under the regulatory framework of the Exchange as also the Forward Markets Commission (FMC), without having to give up their comfort of trading in contracts customized to their needs. Unlike the futures contracts wherein the contract specifications are standardised, the Exchange traded Forward contracts will allow trading parties to negotiate quantity and also the quality of the underlying commodity, date, place of delivery and settlement price as per their mutual requirements. To begin with, this facility is being offered for Sugar and Maize and will be extended to other commodities going forward. ABOUT NCDEX: As India s leading online exchange, NCDEX is where customers repose trust. It offers the widest range of benchmark products across agriculture, metals and precious metals. NCDEX brings buyers and sellers together through its electronic trading platform. With a widely held shareholding, it enjoys the distinction of being the only exchange in the country promoted by national level institutions. The institutional promoters and shareholders of NCDEX are prominent players in their respective fields and bring with them institutional building experience, trust, nationwide reach, technology and risk management skills.
Website : newssuperfast.com Date : September 24, 2014 Headline: NCDEX brings e-markets to farmers launches Exchange Traded Forwards NCDEX, the leading commodity exchange, today announced the launch of the Forwards segment on its national level electronic platform. NCDEX is the first and only commodities exchange to offer exchange-traded Forward contracts in the country. The contract will be available from Thursday, 25 th September, 2014. Named farmer-friendly Agrim Sauda, this facility will offer the benefits of transparent trade practices and national market reach through registered FPOs (Farmer Producer Organisation). Agrim Sauda will enable all participants in the food and agriculture value chain to widen their reach, create a seamless supply chain that is backed by state-ofthe-art technology and protect themselves from counter-party risk. In short, its introduction will lead to an integration of commodity ecosystem leading to a more developed and efficient agriculture market. Mr. Samir Shah, MD & CEO, NCDEX said India needs well-functioning agricultural markets where rising incomes improve the lives of millions of farmers and high quality food can reach 1.25 billion consumers, thereby becoming an integral part of inclusive growth transformation. With this initiative, NCDEX is attempting to bring real inclusiveness in the real economy. In addition to the farmers, Agrim Sauda will help almost every participant in the segment including processors, exporters, traders and other value chain members. Government procurement agencies can also benefit from this segment. By making price predictability less onerous it is also likely to contribute in the development of storage infrastructure for traded commodities in and around its major producing and trading areas. Agrim Sauda will help increase the geographic reach of buyers and sellers who initially had to incur huge investments in doing the same. With this innovation, a buyer or a seller from one part of the country has the benefit of being able to buy or sell any commodity in any other part of the country.
NCDEX is providing opportunity for physical market players to reduce the counterparty default risk by executing their bilateral trade under the regulatory framework of the Exchange as also the Forward Markets Commission (FMC), without having to give up their comfort of trading in contracts customized to their needs. Unlike the futures contracts wherein the contract specifications are standardised, the Exchange traded Forward contracts will allow trading parties to negotiate quantity and also the quality of the underlying commodity, date, place of delivery and settlement price as per their mutual requirements. To begin with, this facility is being offered for Sugar and Maize and will be extended to other commodities going forward.
Website : apnnews.com Date : September 24, 2014 Headline: NCDEX brings e-markets to farmers launches Exchange Traded Forwards Mumbai : NCDEX, the leading commodity exchange, today announced the launch of the Forwards segment on its national level electronic platform. NCDEX is the first and only commodities exchange to offer exchange-traded Forward contracts in the country. The contract will be available from Thursday, 25th September, 2014. Named farmer-friendly Agrim Sauda, this facility will offer the benefits of transparent trade practices and national market reach through registered FPOs (Farmer Producer Organisation). Agrim Sauda will enable all participants in the food and agriculture value chain to widen their reach, create a seamless supply chain that is backed by state-ofthe-art technology and protect themselves from counter-party risk. In short, its introduction will lead to an integration of commodity ecosystem leading to a more developed and efficient agriculture market. Mr. Samir Shah, MD & CEO, NCDEX said India needs well-functioning agricultural markets where rising incomes improve the lives of millions of farmers and high quality food can reach 1.25 billion consumers, thereby becoming an integral part of inclusive growth transformation. With this initiative, NCDEX is attempting to bring real inclusiveness in the real economy. In addition to the farmers, Agrim Sauda will help almost every participant in the segment including processors, exporters, traders and other value chain members. Government procurement agencies can also benefit from this segment. By making price predictability less onerous it is also likely to contribute in the development of storage infrastructure for traded commodities in and around its major producing and trading areas. Agrim Sauda will help increase the geographic reach of buyers and sellers who initially had to incur huge investments in doing the same. With this innovation, a buyer or a seller from one part of the country has the benefit of being able to buy or sell any commodity in any other part of the country. NCDEX is providing opportunity for physical market players to reduce the counterparty default risk by executing their bilateral trade under the regulatory framework of the Exchange as also the Forward Markets Commission (FMC), without having to give up their comfort of trading in contracts customized to their needs. Unlike the futures contracts wherein the contract specifications are standardised, the Exchange traded Forward contracts will allow trading parties to negotiate quantity and also the quality of the underlying commodity, date, place of delivery and settlement price as per their
mutual requirements. To begin with, this facility is being offered for Sugar and Maize and will be extended to other commodities going forward.
Website : cityairnews.com Date : September 24, 2014 Headline: NCDEX launches exchange traded forwards 'Agrim Sauda' Mumbai: NCDEX, the leading commodity exchange, today announced the launch of the Forwards segment on its national level electronic platform. NCDEX is the first and only commodities exchange to offer exchange-traded Forward contracts in the country. The contract will be available from Thursday, 25th September, 2014. Named farmer-friendly Agrim Sauda, this facility will offer the benefits of transparent trade practices and national market reach through registered FPOs (Farmer Producer Organisation). Agrim Sauda will enable all participants in the food and agriculture value chain to widen their reach, create a seamless supply chain that is backed by state-ofthe-art technology and protect themselves from counter-party risk. In short, its introduction will lead to an integration of commodity ecosystem leading to a more developed and efficient agriculture market. Mr. Samir Shah, MD & CEO, NCDEX said India needs well-functioning agricultural markets where rising incomes improve the lives of millions of farmers and high quality food can reach 1.25 billion consumers, thereby becoming an integral part of inclusive growth transformation. With this initiative, NCDEX is attempting to bring real inclusiveness in the real economy. In addition to the farmers, Agrim Sauda will help almost every participant in the segment including processors, exporters, traders and other value chain members. Government procurement agencies can also benefit from this segment. By making price predictability less onerous it is also likely to contribute in the development of storage infrastructure for traded commodities in and around its major producing and trading areas. Agrim Sauda will help increase the geographic reach of buyers and sellers who initially had to incur huge investments in doing the same. With this innovation, a buyer or a seller from one part of the country has the benefit of being able to buy or sell any commodity in any other part of the country. NCDEX is providing opportunity for physical market players to reduce the counterparty default risk by executing their bilateral trade under the regulatory framework of the Exchange as also the Forward Markets Commission (FMC), without having to give up their comfort of trading in contracts customized to their needs. Unlike the futures contracts wherein the contract specifications are standardised, the Exchange traded Forward contracts will allow trading parties to negotiate quantity and also the quality of the underlying commodity, date, place of delivery and settlement price as per their
mutual requirements. To begin with, this facility is being offered for Sugar and Maize and will be extended to other commodities going forward.
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TV : Sandesh Date : September 2014 Headline: IEP, Kadi
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TV : Quartz.com Date : September 29 2014 Headline: Why global commodity prices are crashing and what it means for India When commodity prices spiked in 2007-08, it took most people by surprise. The global commodity super cycle had crept up upon us stealthily. This month commodity markets have been jolted again. Energy, metals, bullion and agricultural commodities have all hit multi-year lows. Only this time, there is a method to the madness. The large investments in mining and refineries made since the 2008 boom are now coming on stream, which has brought global demand and supply finally close to equilibrium. Food crops are bolstered by good agronomical weather for two consecutive seasons. Add to this a dollar that hasn t been stronger since Bretton Woods and you have the perfect conditions to foster bearishness. Crude oil prices have defied the price trend you would expect given the geopolitical tensions in the Middle East, Africa, and Central Europe because of slowing demand and well supplied markets. Oil demand could dwindle further due to an economic slowdown in Asia and lower US imports as it scales up shale oil production. US became the world s largest natural gas producer in 2009 and may become the largest oil producer in a few years. US oil production achieved its highest July level in 28 years, and oil imports declined to their lowest July level in 19 years. US refineries are taking advantage of the low oil prices by maximizing their processing volumes and raising exports, especially to Europe. At the
same time, the oil that is no longer being bought by the US is also flooding the world market and pushing prices downwards. New metals supply is coming on stream, triggered by investments after the 2007-2008 boom. China, which contributes 45% of the demand for copper and aluminum, remains in surplus and capacity continues to rise strongly. The International Aluminum Institute estimates China produced almost 9% more in the first seven months of the year versus the same period last year. But the Chinese real estate market is oversupplied and fewer new projects are likely to start in future. This will affect metal demand. Iron ore is in oversupply from higher production in Australia, which is determined to give China stiff competition. A firm US dollar and rising equity markets have curbed investment demand for gold. Recent bouts of safe haven buying due to geopolitical tensions have not been able to staunch the significant outflows from gold, platinum and palladium ETFs. Chinese gold imports from Hong Kong declined for the fifth consecutive month in July to just 22 tons their lowest level for more than three years. At this rate, China may import less than 700 tons of gold from Hong Kong this year, down from 1,100 tons last year. India s gold imports are already in doldrums.
After a slow start, the overall monsoon deficit in India narrowed to 11% by early September. Planting is complete in paddy, oilseeds, corn, pulses, cotton and sugarcane. Agriculture ministry data shows that planted acreage is almost the same as last year. The global storage bins are full. Global wheat supply remains ample, says the International Grains Council. US is anticipating record yields of corn, cotton and
soyabean, which will result in higher global stocks. Palm oil production has now entered the seasonally high cycle in Malaysia and Indonesia. Indonesian efforts to boost use of palm oil in making biofuel have missed expectations. Sugar too has a global surplus, despite unfavourable weather in Brazil and India. International Sugar Organization estimates that stock levels have risen significantly since 2010-11. India is poised for record cotton crop on the back of higher acreage and yields. Who will benefit from the market cooling off? Manufacturers industrial and food processing will enjoy higher operating margins due to cheaper raw material and energy. Falling food prices have brought down the Wholesale Price Index to a five-year low in August. But it will yield tangible benefits for political parties headed for state polls next month and the RBI s monetary policy only when the Consumer Price Index gives up its stubborn resistance and follows suit. Luckily, however, the drop in bullion prices is well-timed with the festival season starting this weekend. So shoppers can splurge on jewellery, silver artefacts and diamonds.
Unfortunately, those who gain may be outnumbered by those who will rue this decline in prices. India s 50 million farmers will have little reason to celebrate when the harvests hit the market from October as selling prices are already precariously close to breakeven levels. Rural incomes will, therefore, take a hit. This has a cascading effect on rural demand for everything from shampoos, soaps and clothes to motorbikes, mobile phones, and cement.
Banks will have to review both their priority sector and their collateral financing portfolios for potential bad loans. Collateral financing, in particular, will have to be re-visited as the value of commodity stocks continues to decline with each passing week. On the other side, commodity processing companies, such as sugar mills, seeking working capital loans will find it an uphill task to maintain their existing lines. Public sector companies, such as FCI, Nafed and CCI, holding commodity stocks, will also have to brace themselves for their declining value. Commodity exporters companies and nations are also disadvantaged by the falling market. The Australian dollar slumped to a seven-month low against the US dollar Monday on concerns that a slowdown in China s economy would push commodity prices lower and weigh on Australia s growth prospects. Analysts at research outfit Bernstein have reportedly calculated that for every dollar fall in the price of iron ore, which accounts for more than 80% of Rio Tinto profits, its assets lose $1.5 billion in value. Rio is the world s second-largest producer of iron ore. The real takeaway is that this situation may be here to stay in the medium term unless global economic growth ratchets up. This means people have to
mothball their boom-time coping strategies and think afresh about how to handle this new reality. Because the dangers from a falling market are just as real and perhaps even larger, since they stem from eroding asset value. Hedging risk, short selling, forward contracts that lock prices, timely sales of physical stocks, cost management, and finding new sources of demand through value addition are all ways that will find early adopters as the reality sinks in. Will the transition be easy? No. But then bear markets were never for the faint of heart.
Website : www.twitter.com Date : September 2014 Headline: NCDEX Twitter Coverage
Website : www.youtube.com Date : September, 2014 Headline: Youtube Videos