Monday, 8 October 2012

MCX Commodity Updates

Advisory Data:-

Commodity markets regulator FMC today said it will take a decision on October 16 on listing of guar futures again.In March this year, FMC had banned futures trading in guarseed and guargum, which is increasingly used in oil and gas industry, to curb price volatility and speculation.The decision on re-listing of guar futures will be taken at the first meeting of the Advisory Committee to be held on October 16, Forward Markets Commission (FMC) Chairman Ramesh Abhishek.

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