Last Updated : February 10, 2012 12:35
First global pepper futures contract goes live in SMX
SINGAPORE (Commodity Online): The first global
Pepper futures contract was launched in Singapore Mercantile Exchange (MCX on Friday. It also marked SMX’s first agricultural commodities futures contract.
SMX aims at making the pepper futures a global benchmark for the commodity predominantly produced and exported from the Asia Pacific region to the West with Vietnam the major producer.
The March contract opened at Singapore dollar 5950 per 5 mt and rose to a high of 6000 before falling back to 5950 while April contract opened at 6000 and last traded 0.83% higher at 6050
NCDEX CHANAJUN12 20 June 2012
contract was trading at
Rs 0 . What's your view on it?
