Guarseed: Salient Contract Specifications..!

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

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