-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...

There is some respite expected for India in terms of prices of imported commodities. This may ease the depletion of its foreign exchange reserves. The country has faced a widening of its merchandise trade deficit from US$ -17.91 billion to US$ -26.91 billion between October 2021 and October 2022. The commodity price data provided by the World Bank in December 2022 (termed as The Pink Sheet) shows that energy prices plummeted by...

-Financial Express Last year till mid-December, farmers were aware of future prices on commodity burse platforms such as National Commodity and Derivatives Exchange (NCDEX). Two months after harvesting the kharif soyabean crop, Narayan Singh, a farmer from Nipaniya Baijnath village of Malwa region in Madhya Pradesh, is still holding on to a chunk of the produce in anticipation of higher prices. In this kharif season, Singh harvested nearly 55 quintals of soyabean crop...

-Livemint.com After extreme rain and severe flooding, Pakistan is dealing with acute food shortage. Moreover, dollar crunch has kept Pakistani food importers at mercy of grey market Extreme floods might not be a problem for Pakistanis anymore, but acute food shortage and drying forex reserve have made Pakistani food importers vulnerable to the grey market for payments. Under the grey market, the commodities are traded through markets that are unauthorised by the manufacturers....

-Financial Express SEA has stated that the ban on futures trade has deprived importers of hedging their price risks in rupee-denominated soya oil and crude palm oil futures on Indian exchanges. The Solvent Extractors’ Association (SEA) of India, a body of edible oil manufacturers, on Monday demanded lifting of ban on futures trade in soya oil and crude palm oil (CPO) on the commodity exchanges imposed on December, 2021, to ensure risk...