Sun, Oct 26, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Futures and Options, Regulatory more

India to cut position limits in some agri commodity futures

Posted on 03 April 2012

Commodity market regulator plans to cut the number of contracts any member can hold in agricultural commodities in line with production estimates to curb excessive speculation, its head said on Monday, a week after banning guar futures trading.
“We have reports that production of some agricultural commodities have gone down or may go down this year. We are going to rationalise position limits (the number of contracts individual members can hold) accordingly,” Ramesh Abhishek, chairman of the Forward Markets Commission (FMC), told Reuters………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37629 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031