NCDEX Polypropylene
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| Polypropylene futures | ||
|---|---|---|
| Exchange | National Commodity & Derivatives Exchange | |
| Settlement | Physically delivered | |
| Trade Unit | 3 metric tons | |
| Point Value | Need point value! | |
| Tick Value | 10 Paise (0.10 Rupee) | |
| 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 which is other than a Saturday. | |
| Note: This contract is electronic ONLY -- no open outcry | ||
| No Open Outcry | Electronic | |
| Trading Hours | N/A | Mondays through Fridays: 10:00 am -11:55 pm.
Saturdays: 10:00 am - 2:00 pm. |
| Ticker Symbol | N/A | PPIM10MUM |
| Price Limits | N/A | Daily price fluctuation limit is (+/-) 6%. 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 the price band would be raised by another 50% of the existing limit i.e. (+/-) 3% and trade will be resumed.
If the price hits the revised price band (9%) again during the day, trade will only be allowed within the revised price band. No trade / order shall be permitted during the day beyond the revised limit of (+/-) 9%. |
Notes
Resources
NCDEX Polypropylene NCDEX Polypropylene Contract Specifications

