The National Commodity Clearing Limited (NCDEX) on June 25, 2024, issued a circular regarding the Futures Contracts Launch of Barley and Maize and Premium / Discount for grade/delivery location difference.
The following has been stated: -
•Trading and Clearing Members are hereby informed that in terms of SEBI circular no. SEBI/HO/CDMRD/DRMP/CIR/P/2016/93 dated September 26, 2016, the amounts of Premium/Discount for differences in grades/delivery and location cost differences, which would be treated as good delivery for the Futures contracts of Barley and Maize to be launched on June 26, 2024, on the Exchange, are detailed in Annexures attached below.
•The Premium/Discount for variations in qualities within the acceptable limits will continue to be governed by respective product notes/circulars.
•In case of any contracts launched subsequently, the Premium/Discount for the same shall be announced before the launch of the contract.
[Circular No.: NCDEX/TRADING-029/2024]
