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Sebi may seek relief for commodity exchange warehouses

Posted on 26 November 2015

There could soon be a glimmer of hope for hedgers and traders in farm futures such as pulses and oilseeds. Sebi is planning to write to the government to exempt exchange warehouses from stock limits under the Essential Commodities Act once prices of these commodities stabilise.
“We might request the government to exempt commodity exchange warehouses from stock limits to encourage more deliverybased trades in pulses and oilseeds and to curb the possibility of excessive speculation through the threat of delivery,” a senior Sebi official told ET………………………………………..Full Article: Source


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