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Ban on 8 commodities may go next month: FMC chief

Posted on 21 October 2008

From Moneycontrol.com: The Forward Markets Commission (FMC) hopes the ban on trading of eight commodities on exchanges will go in November. ” We will take a call after studying the situation in mid-November and recommend suspension of the ban on four commodities (rice, wheat, urad and tuar),” B.C. Khatua, Chairman of FMC, said.

While the ban of trade in rubber, chana, soya oil and potato would come to an end automatically in November, the ban on rice, wheat, urad and tuar has no time frame for suspension….. Full Article: Source


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