NCDEX Groundnut Expeller Oil
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| Groundnut Expeller Oil futures | ||
|---|---|---|
| Exchange | National Commodity & Derivatives Exchange | |
| Settlement | Physically delivered | |
| Trade Unit | 10 metric tons | |
| Point Value | Need point value! | |
| Tick Value | Re 0.05 (5 Paisa) | |
| Contract Months | All months | |
| Last Trading Day | 20th day of the delivery month. If 20th happens to be a holiday, a Saturday or a Sunday then the due date shall be the immediately preceding trading day of the Exchange. | |
| Note: This contract is electronic ONLY -- no open outcry | ||
| No Open Outcry | Electronic | |
| Trading Hours | N/A | Mondays through Fridays : 10:00 a. m. to 05:00 p.m.
Saturdays : 10.00 a.m. to 2.00 p.m. |
| Ticker Symbol | N/A | GNOEXPRKT |
| Price Limits | N/A | Daily price limit will be (+)/ (-) 2%. On the first day, the limit on daily price fluctuation will be reckoned with reference to the opening price. If the trade hits the prescribed daily price limit there will be a cooling off period for 15 minutes. Trade will be allowed during this cooling off period within the price band. Thereafter price limit would be extended by another (+)/(-) 2%. No trade would be permitted during the day beyond the revised price limit of 4%. On the second day of trade, and thereafter, the daily price limit will be reckoned with reference to the mark to market rate of the previous closing day. |
