NCDEX Groundnut Expeller Oil
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|Groundnut Expeller Oil futures|
|Exchange||National Commodity & Derivatives Exchange|
|Contract Size||10 metric tons|
|Pricing Unit||Need pricing unit!|
|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.
|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.|