NCDEX Yellow Soybean Meal
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|Yellow Soybean Meal futures|
|Exchange||National Commodity & Derivatives Exchange|
|Contract Size||10 metric tons|
|Pricing Unit||Need pricing unit!|
|Tick Value||10 Rupee|
|Contract Months||All months|
|Last Trading Day||20th day of the delivery month. If 20th happens to be a holiday, then previous trading day. If 20th happens to be a Saturday or a Sunday then the due date shall be the immediately preceding trading day of the Exchange, other than 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 5:00 p.m.
Saturdays: 10:00 a.m. to 2:00 p.m.
|Price Limits||N/A||Daily price limit of 6% provided that there will be a cooling period of 15 minutes after the trade hits the prescribed daily price limit. Thereafter the price band will be raised by another 50% of the existing limit - upto 9% 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.|