The National Commodity & Derivatives Exchange Limited (NCDEX) on July 31, 2024, notified regarding the Futures & Options Contracts Launch in August 2024 and Premium/Discount for grade/delivery location difference.
The following has been stated:
• 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 to be launched on August 01, 2024, on the Exchange, are detailed in Annexures.
• 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.
Kindly find the Annexures provided with this document attached to the document.
[Notification No NCDEX/TRADING-037/2024]