Business Standard

NMCE to launch spot trades in rubber, rapeseed

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Sangita Shah Mumbai
 NMCE will introduce spot trading in other commodities in a phased manner over next few months, Kailash Gupta, managing director of the exchange, said.

 The Ahmedabad based electronic exchange will ensure that the warehouse stocks are ample to meet the needs of delivery for successful trading in spot market.

 Rubber and rapeseed stocks in warehouses across the country were large enough to permit smooth spot trading.

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First Published: Aug 14 2003 | 12:00 AM IST

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