NCDEX

AcronymDefinition
NCDEXNational Commodity and Derivative Exchange (India)
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Ashwin Vidhate, economist, NCDEX, says, " Trading in commodity futures is not different from trading in stock or currency futures.
The price of Maize Nizamabad traded on the NCDEX has fallen sharply of late.
The components of Dhaanya are selected from diverse sub-sectors of the Indian farm industry and account for nearly 70 per cent of trading on the NCDEX platform.
SMC's Aggarwal says, "Maize may move in the higher range of Rs 1,700-1,750 and find strong support at Rs 1,350 on the NCDEX."
"During September-October, NCDEX sugar futures may trade at Rs 3,350-Rs 3,650 per quintal due to festive demand, while during November-December the price may touch Rs 3,150 and thereafter Rs 3,025 per quintal," says Ajitesh Mullick, assistant vice president, retail research, Religare Broking.
The last traded price at NCDEX spot market was on March 23, 2010 at Rs 27,630.
Soyabean rose 79 per cent on the NCDEX from Rs 2,492 per quintal on 2 January to Rs 4,467 per quintal on 31 July.
Ramaseshan, CEO, National Commodities and Derivatives Exchange Limited ( NCDEX), follows with Rs 1.5 crore per annum and Joseph Massey, managing director & CEO, Multi Commodity Exchange ( MCX), gets a compensation package of Rs 1.39 crore.
You can also buy silver in the futures market the Multi Commodity Exchange of India (MCX) or the National Commodity and Derivatives Exchange (NCDEX).
Mustard plant is a winter crop and require temperate climate for its growth and is among the third leading source of vegetable oil after palm and soybean oil as per the data revealed by National Commodity & Derivatives Exchange Limited (NCDEX).
The wholly-owned subsidiary of National Commodity Derivatives Exchange Limited (NCDEX) said with this endeavour, the largest agri-commodity clearing corporation is striving to help market participants efficiently manage their fund requirement.
Beneficiaries include sports footwear retailer SSIPL, National Commodity and Derivatives Exchange (NCDEX), defence electronics maker Indus Teqsite, battery maker HBL Power and agro chemicals firm GSP Crop Science.