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NCDEX to launch tradeable agri index to hedge risk in underlying commodity

As per the existing plan, soybean would have the highest weightage in the commodity index followed by chana, guarseed and refined soyoil

Topics
NCDEX | commodities

Dilip Kumar Jha  |  Mumbai 



oilseed
The value of ‘Agridex’ will be generated by NSE Indices Ltd, the indices arm of the National Stock Exchange (NSE).

The National Commodity & Derivatives Exchange (NCDEX), India’s largest agri-centric commodity futures trading platform, is planning to launch first of its kind a tradable composite agri index “Agridex” by the end of May which will be open for retail and institutional participants to hedge risk in the underlying .

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First Published: Thu, May 14 2020. 20:12 IST

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