The National Commodity & Derivatives Exchange Limited (NCDEX) on January 31, 2025, issued a circular regarding the Futures & Options Contracts Launch in February 2025 and Premium/Discount for grade/ delivery location difference.
The following has been stated: -
•SEBI's Master Circular (No. SEBI/HO/MRD/MRD-PoD-1/P/CIR/2023/136) outlines the Premium/Discount for grade, delivery, and location differences for commodity derivatives futures contracts launching on February 01, 2025.
•Details are provided in annexures, with specific guidelines for variations in quality and location. Premium/Discount for future contracts will be announced before launch. Additionally, Options Contracts launching on February 03, 2025, are also outlined in the annexures.
The detailed circular is given in the document below.
[Circular No. :NCDEX/TRADING-001/2025]