Symbol
|
GUARSEED
|
Quotation /BaseValue
|
Rs.per 100kg
|
Trading Unit
|
1MT
|
Delivery Unit
|
1MT(with tolerance limit of+/-2%)
|
Price Quote
|
Ex-warehouse Jodhpur, inclusiveofsalestax/VAT
|
Tick Size
|
Re.1
|
DDR
|
Simple Average of last 3 days spot price
|
Daily PriceLimit
|
(+/-)3%+(+/-)1%)
|
Initial Margin
|
Minimum10% or basedon SPAN which ever is higher.
|
Delivery Centre (s)
|
Jodhpur (uptoradiusof 50 Km from the Municipallimits)
|
Additional Delivery Centre(s)
|
Rajasthan:Bikaner,Nokha,SriGanganagar, Hanumangarh&Barmer;Gujarat:Deesa;Haryana:Adampur &Sirsa
(up to radius of 50 Km from the Municipal limits)
|
Staggered Delivery Tender Period
|
The last 15days (including expiry day)of the contracts.
|
Delivery Logic
|
Compulsory
|
Delivery Location premium / discount
•Sri Ganganagar -At Par for Seed and Gum
•Haumangarh-At Par for Seed and Gum
•Adampur-At Par for Seed and Gum
•Sirsa-At Par for Seed and Gum
•Bikaner-At discount of Rs. 15-00 /seed and Gum
•Nokha-At discount of Rs. 15-00/Seed and Gum
•Barmer-At discount of Rs. 50-00/Seed
•Deesa-At discount of Rs. 50-00/Seed
•Barmer-At discount of Rs. 70-00/Gum
•Deesa-At discount of Rs. 70-00/Gum
Guar Seed -Spot to Future Cost Sheet
Guar Seed -Spot to future cost sheet
| |||
Per Quintal
| |||
Spot Price
|
Per Quintal
|
9200.00
| |
Ware house rental
|
Rs.4/-Per Ton/ Per day. i.e. Rs.12.00 Per bag/Month (minimum 10 MT)
|
12.00
| |
Quality Testing #
|
Rs. 600.00 for 10 MT (Valid for 6 Months)
|
6.00
| |
Standard Deduction
|
0.5% on fresh deposti (Valid for 6 months)
|
46.00
| |
Location Discount *
|
0.00
| ||
C& F Commision
|
Commission @ .3% of value for buying and selling (Both Side)
|
27.60
| |
Total
|
9291.60
| ||
Exchange Rate
|
9425.00
| ||
Difference
|
Difference between spot price and MCX futures
|
133.40
| |
Return (%)
|
1.44
| ||
Annualised return if inv. Is for (days)
|
30
|
17.23
| |
Monthly return %
|
1.44
| ||
C& F charges will not be applicable if member has own VAT/Sales tax registration in Rajasthan.
| |||
Validity of Quality Certificate is 6 months on fresh deposit + 1 revalidation allowed for another 6 months.
| |||
Benefits over Other Exchanges Trading Competitiveness
• Price quote of Rs.1.00 against Rs.10.00 price quote at other major exchange.
•Good liquidity to ensure smooth execution of Traders.
Delivery Competitiveness
• Apart from Bikaner,Nokha,Barmer,Sriganganagar,DeesaandAdampur,delivery locations are also thereat Sirsaand Hanumangarh.
•No delivery charges at MCX against 0.15 %each side on value of delivery at NCDEX.
•Lower warehousing cost to the extent of 15 to 20%
•Lower quality assaying cost up to 20%
•Lower standard deduction up to 20%
•Longer stock validity up to1 year.
SRC: MCX
