Financial Daily from THE HINDU group of publications Saturday, Mar 25, 2006 |
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Agri-Biz & Commodities
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Commodity Exchanges MCX to launch two more commodities Our Bureau
In zinc, April and May 2006 contracts will be available for futures trading in zinc, while May and June 2006 contracts will be available for polyvinyl chloride from Monday. The daily price limit for zinc and PVC would be relaxed up to 6 per cent. Trading unit is 5 tonne for zinc and 2 tonne for PVC. Price will be quoted ex-Bhiwandi and delivery centre for zinc is within 20 km outside Mumbai Octroi limit. For PVC, price will be quoted ex-New Delhi and delivery centre is exchange-approved warehouse at New Delhi.
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