The initial contracts available for trading will be for expiry dates in June 2005, July 2005 and August 2005. Subsequent new contracts will be introduced on the trading day following the expiry of the near month contract. The unit of trading as well as the delivery unit is 10 MT for both the contracts.
The tur futures contract is the latest in the line of launches including the launch of un-decorticated cotton seed oilcake contract and the sesame seed contract inaugurated on the 5th of April. It shows NCDEX’s commitment to widen the range of futures contracts offered in agricultural products.
