| Futures Contract Specifications |
|
| Trading system |
BCEL Trading System |
| Trading hours |
Monday to Friday 11:30 am to 5:00 pm |
| Unit of trading |
2 M.T. |
| Quotation/Base Value |
20 K.G. |
| Tick size |
10 Paisa Per 20 K.g. |
| Delivery unit |
10 M.T. |
| Quantity variation |
(+/-)
2% on permissible quantity |
| Quality specification/
Basis
of futures |
Dagi
Danki
..1 %;
Foreign Matter, Sand
& Silica, Damaged Seed,
Aaata,Khapra:.
2.5%;
Moisture:
11%;
Dall ..........................
..2%;
Note
:- The material will be tested using a 3.75 no. sieve (long hole)
|
| Delivery center |
Bikaner,
Jaipur, Shriganganagar, and Delhi |
| Due date |
20th
day of delivery month (Same as contract month) |
|
Delivery
days
-Within
Bikaner
-Outside
Bikaner
|
Between
2nd and 6th days from LTD by 5 P.M
Between
2nd and 8th days from LTD by 5 P.M
|
| Price
Variation Per (UOT) |
Rs.
1500/- |
| Maximum
& minimum rate |
20%
up down of first settlement rate |
