Delivery in rubber futures unlikely: FMC

However, FMC would have no problem if the exchange facilitates delivery between buyers and sellers without complaints. Confirming the receipt of such a request made by NMCE, Kewal Ram, member, FMC, said, "It's extremely difficult to consider this request as the case is like favouring one particular exchange, especially on an issue which is generic in nature."

 

Though the regulator is yet to announce its official stand on the issue, it has been verbally communicated to the exchange that settling open position through delivery was impossible.

"Why should the regulator have any problem, if the two sides of commodity traders