NMCE Unveils New Series Of Contracts

Ahmedabad: The National Multi-Commodity Exchange (NMCE) has unveiled new series in turmeric, soya oil, guarseed and chana desi for futures contracts. The new contracts in turmeric, soya oil and guarseed will expire on January 19, 2008, while the delivery period begins three days prior to that on January 16. The new agreements for chana desi will expire on March 20, 2008, while the delivery period will begin on March 17. The basis delivery centre for turmeric is Central Warehousing Corporation (CWC) warehouse at Erode in Tamil Nadu, and the additional delivery centre is at CWC, Nizamabad, in Andhra Pradesh. The delivery centres for guarseed are Jodhpur (basis centre), Bikaner, Nokha in Rajasthan and Deesa in Gujarat with freight discount through CWC receipt. The delivery centre for chana desi is CWC warehouse in Delhi.