| 03.05.2012 - Commodities gain after delivery default penalty cut |
| A day after the commodity derivatives market regulator, the Forward Markets Commi-ssion (FMC), cut penalty on delivery default in three compulsory delivery commodities, their prices on the National Commodity & Derivatives Exch-ange (NCDEX) shot up sharply. While all chana contracts hit the upper circuit in the first few hours of trading, the near-month May pepper contract witnessed an increase of 1.2 per cent...............................................Full Article: Source |