NMCE to launch new futures series in guar seed, turmeric

National Multi-Commodity Exchange today announced the launch of new futures contracts in guar seed and turmeric from tomorrow.

NEW DELHI: National Multi-Commodity Exchange today announced the launch of new futures contracts in guar seed and turmeric from tomorrow.

The new series in guar seed and turmeric November contracts would expire on November 20, while the delivery period for both the commodities will begin three days prior to that on November 17, NMCE said in a statement.

The delivery centre for guar seed would be at Deesa in Gujarat and that for turmeric at the Central Warehousing Corporation (CWC) in Erode, Tamil Nadu, and the additional delivery centre at Nizamabad in Andhra Pradesh.

Currently, NMCE is running futures contracts in 94 series in 25 commodities, including pepper, castor seed, mustard seed, jute sacking, isabgol seed (psyllium), copra and non-ferrous base metals.
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