Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | Why was the ban on agri-commodities trading extended? -Subramani RA Mancombu

Why was the ban on agri-commodities trading extended? -Subramani RA Mancombu

Share this article Share this article
published Published on Dec 22, 2022   modified Modified on Dec 23, 2022

-The Hindu Business Line

The extended ban has affected the turnover of commodity exchanges

* What are the agri commodities in which futures trading has been banned by SEBI?

SEBI has banned futures trading in seven agri commodities, including the derivatives of two produce. The banned commodities are non-basmati paddy, wheat, chana (Bengal gram), mustard seed and its derivatives, soyabean and its derivatives, crude palm oil and moong (green gram).

* Why were they banned? Since when has the ban been in force?

They have been banned because spot market prices of these commodities have been ruling higher over the last year and a half. The ban has been in force since December 20, 2021. It has been extended now for another year. The ban was initially imposed after edible oil prices doubled last year. The Centre was flooded with complaints that too much speculation, particularly in mustard seed and its derivatives, resulted in high open market prices .

Please click here to read more.


The Hindu Business Line, 22 December, 2022, https://www.thehindubusinessline.com/blexplainer/why-was-the-ban-on-agri-commodities-trading-extended/article66291933.ece


Related Articles

 

Write Comments

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

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close