The National Commodity & Derivatives Exchange Limited (NCDEX) on August 11, 2026, issued Re-trigger of Event-Based Additional Surveillance Margin (E-ASM) on Turmeric Contracts.
Referring to its earlier circulars on Event-based Additional Surveillance Margin (E-ASM) dated October 15, 2019, October 17, 2019, September 18, 2020, and December 30, 2021, NCDEX has re-triggered E-ASM of 2.5% on Turmeric, based on price variation calculated as [(High-Low)/Low x 100]. This margin will apply to all running and yet-to-be-launched Turmeric contracts until 1st September 2026.
The trigger was activated on August 11, 2026, based on both the 5-day price movement (10% threshold) and 10-day price movement (15% threshold) criteria. Among the other commodities tracked under this framework — Barley, Castor Seed, Coriander, Guar Gum, Guar Seed, and Jeera (including Jeera Mini) — none currently meet the trigger conditions, so E-ASM remains inapplicable to them at this time.
[Circular No. NCDEX/SURVEILLANCE & INVESTIGATION-075/2026]
