The National Commodity & Derivatives Exchange Limited (NCDEX) on January 14, 2026, issued a circular regarding the applicability of Event-based Additional Surveillance Margin (E-ASM) across commodities.
The following has been stated: -
•NCDEX has re-triggered Event-based Additional Surveillance Margin (E-ASM) of 2.5% based on high–low price variation.
•The margin applies to all running and upcoming contracts in Guar Gum and Guar Seed.
•E-ASM will remain effective until February 06, 2026, triggered on January 14, 2026.
•No E-ASM is applicable to other listed commodities; existing margins continue unchanged.
[Circular No: NCDEX/SURVEILLANCE & INVESTIGATION-010/2026]
