NCDEX Commodity Index
 | This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages)
|
The NCDEX Commodity Index is an equal-weighted spot price index of 10 agricultural commodities covering different goods such as oils and oilseeds, fibres, etc.
It is the first such index to be launched in India. Based on the components of the spot price index, NCDEX also displays the national index futures- essentially, the no-arbitrage price if one were to buy futures on the spot index. This price is derived by tracking the futures prices of the index components at the same weightage as the spot index. Currently, index futures are not allowed in India under the FCRA (Forward Contracts Regulation Act, 1952), which requires compulsory physical settlement of futures contracts.
References
[edit] | This economics-related article is a stub. You can help Wikipedia by expanding it. |
 | This agriculture article is a stub. You can help Wikipedia by expanding it. |