NCDEX Furnace Oil

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Furnace Oil futures
Exchange National Commodity & Derivatives Exchange
Settlement Physically delivered
Contract Size 10 metric tons
Pricing Unit Need pricing unit!
Tick Value 1 Rupee
Contract Months All months
Last Trading Day 17th day of the delivery month. If 17th 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 not a Saturday.
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 11:55 p.m.

Saturdays: 10:00 a.m. to 2:00 p.m.

Ticker Symbol N/A N/A
Price Limits N/A Limit of 6%, provided that there shall be a cooling off period of 15 minutes after the trade hits the prescribed daily price limit. Thereafter, the price band shall be raised by 50% of the existing limit and trade will be resumed. If the price hits the revised price band again during the day, no trade/order shall be permitted beyond the revised limit during the day.



NCDEX Furnace Oil Contract Specifications