NCDEX Crude Palm Oil
|Crude Palm Oil futures|
|Exchange||National Commodity & Derivatives Exchange|
|Contract Size||10 metric tons|
|Pricing Unit||Need pricing unit!|
|Tick Value||5 Paise|
|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 AM to 5:00 PM
Saturdays: 10.00 AM to 2.00 PM
|Price Limits||N/A||Daily price fluctuation limit is (+/-) 2%. 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 (+ / -) 2% and trade will be resumed.
If the price hits the revised price band (4%) 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 (+ / -) 4%.