In an attempt to boost agri commodities trading, India’s leading commodity exchange, MCX, on Thursday launched futures contracts in ten more farm commodities.
In a circular issued here the MCX said Futures contracts in cashew kernel, coriander, crude palm oil, jeera, maize, mentha oil, potato, red chilli, rubber and sesame seed will be effective from Thursday.
The agri-futures contracts will mature in June, July and August, it added.
According to the circular, cashew kernel, jeera, maize, red chilli and sesame seed contracts will expire in June.
Crude palm oil and potato both Agra and Tarkeshwar variety will mature in July, while coriander, mentha oil and rubber contracts in August.
The MCX already have twenty six farm commodities for trading.
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