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Sebi suspends trading of agri commodity derivatives for 1 more year

Data showed that before the ban last year, the aforementioned commodities contributed nearly 54 per cent of the total deposits in NCDEX between April 2021 and July 2021

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5 min read Last Updated : Dec 22 2022 | 1:14 AM IST

With inflation still high, the Securities and Exchange Board of India (Sebi) in a late night order passed yesterday extended the suspension on derivatives trading of paddy (non-basmati), wheat, chana, mustard seeds and its derivatives, soybean and its derivatives, crude palm oil and moong for a period of one more year till December 20, 2023.

Last year, the regulator had barred exchanges from launching any new contract on the 7 commodities and with respect to their running contracts it disallowed any new position and permitted only squaring off.

Although retail inflation, as measured by the consumer price index (CPI), came

Topics : SEBI agri commodities Market news Derivatives retail inflation NCDEX

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