Last Updated :
30 September 2009 at 10:25 IST
CME implements variable storage rate for wheat
CHICAGO (Commodity Online): CME Group, the world's largest and most diverse derivatives marketplace, has announced the implementation of variable storage rates for the CBOT Wheat futures contract, the world benchmark for wheat prices, beginning with the September 2010 contract expiration. These contracts are listed with, and subject to, the rules and regulations of the CBOT.
Trading platform that even a 5 year old can trade. Join now
CME Group staff will monitor the September 2010/December 2010 wheat spreads immediately following the conclusion of the July 2010 contract delivery period. Based on market prices, the first variable storage rate could be implemented September 18, 2010. The variable storage rates will replace the seasonal storages rates.
NCDEX POTATOFAQJUL12 20 July 2012
contract was trading at
Rs 0 . What's your view on it?
After reading this article, people also read:
