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Commodities Briefing - Categorized | Agriculture, Commodities Exchanges, Futures and Options, Trading more

FMC bans lean season agri commodities contracts for 2013

Posted on 21 August 2012

The Forward Markets Commission (FMC) has done away with several agri-commodities contracts for 2013, extending the list of contracts already banned. This is in keeping with its decision that contracts will not be allowed during the lean season when there are insufficient supplies to make for any meaningful price discovery.
“This year we did away with the September soyabean contract,” said Ramesh Abhishek, Chairman of FMC – the commodities market regulator………………………………………..Full Article: Source


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