NCDEX Rapeseed - Mustard Seed Oilcake
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|Rapeseed - Mustard Seed Oilcake futures|
|Exchange||National Commodity & Derivatives Exchange|
|Contract Size||10 metric tons|
|Pricing Unit||Need pricing unit!|
|Tick Value||0.05 Rupee|
|Contract Months||All months|
|Last Trading Day||20th day of the delivery month. If 20th day 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 AM to 05:00 PM
Saturdays: 10:00 AM to 2:00 PM
|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 (+/-) 3% and trade will be resumed.
If the price again hits the revised price band (9%) 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%.