NMCE launches new futures contract in soya oil, guar seed and chana

Ahmedabad, Apr 10 (UNI) National Multi-Commodity Exchange (NMCE) today introduced new series in soya oil, guar seed and chana for futures trading on its terminals.

The maturity dates for both soya oil and guar seed is August 20, 2007, and for chana October 20, 2007. The first delivery day begins three days ahead of the maturity date, on August 17 and October 17 respectively, a release said here.

The delivery centre, for soya oil is Indore and for guar seed are Jodhpur (basis centre), Bikaner, Nokha in Rajasthan and Deesa in Gujarat with freight discount through Central Warehouse Corporation (CWC) receipt. The delivery centre for chana is CWC Delhi.

At present, NMCE runs futures contracts in 196 series in 70 commodities, including bullion, non-ferrous base metals, rubber, cardamom, pepper and raw jute, a release added.

UNI