TNPSC Thervupettagam

GUAREX and SOYDEX

July 11 , 2021 1367 days 1082 0
  • The National Commodity and Derivatives Exchange (NCDEX) launched India’s 1st sectoral indices in agricultural-commodities space.
  • NCDEX is India’s agricultural commodity exchange.
  • The indices are GUAREX and SOYDEX.
  • These indices will represent the performance of Guar complex and Soy complex.
  • GUAREX – It is the return based index.
  • It tracks the change in the price of the futures contracts of Guar Seed and Guar Gum Refined Splits on a real-time basis.
  • SOYDEX – It will also trace the price changes in futures contracts of Soybean and Refined Soy Oil.
  • Both the indices will be useful for hedgers to identify low-cost products.
  • It will also offer trading strategies and risk management exercises.
  • Futures Contract is a standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future.
  • A hedger is any individual or firm that buys or sells the actual physical commodity.

Be the first to Comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Categories

PrevNext
SuMoTuWeThFrSa
  12345
6789101112
13141516171819
20212223242526
27282930   
Top