MCX prepares for negative trading in all commodities after crude oil row

After crude oil last month, market fears natural gas may also see negative price trading: exchange announces special auction window for exit opportunity

Weeks after it triggered a controversy by settling the April crude oil contract in negative territory, the Multi Commodity Exchange of India (MCX) has decided to open a window for auction, in case the trading price of any commodity turns negative. This auction window is for those who want to exit before settlement. 

The MCX’s software, so far, doesn't allow trade below Rs 1 in any commodity. Following the controversy and the footsteps of the New York Mercantile Exchange (Nymex), the MCX is working towards enabling its software for negative price trading.  The MCX crude oil contract is a mirror of