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MCX starts wheat, turmeric futures contracts

NEW DELHI (Commodity Online ) : As part of its widening process, India’s leading commodity exchange, MCX, on Wednesday launched futures contracts in four more farm commodities.

In a circular issued here MCX said they launched futures contracts in wheat, chana, guarseed and turmeric.

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The Turmeric contract is available for November delivery, Chana for January 2010, guarseed and Wheat for February 2010 delivery.
But the trading interest in the most-active contracts of the four items remained positive, the exchange data showed. The most-active wheat contract for November delivery was trading up by 0.25 per cent at Rs 1,322 a quintal.

Chana and guarseed contracts for the same month delivery were also ruling up at Rs 2,358 a quintal and Rs 2,410 a quintal.

MCX, where metals and energy futures are largely traded, made a business of Rs 2,86,441 crore in the first fortnight of September.

MCX ALUMINI 30 April 2012 contract was trading at Rs 111.45 , up Rs. 0.85 . What's your view on it?
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