| Futures Contract Specifications |
|
| |
|
| Trading system |
BCEL Trading System |
| Trading hours |
Monday to Friday 11:30 am to 5:00 pm |
| Unit of trading |
Two
metric tonne (2 M.T.) |
| Quotation/Base Value |
Rs per 20 Kgs |
| Tick size |
Re 0.10 Per 20 K.g. |
| Delivery unit |
12
M.T. |
| Quantity variation |
(+/-)
2% on permissible quantity |
| Quality specification/
Basis
of futures |
| Oil
content |
40.0% |
| Moisture |
5.0% |
| FFA |
1.5% |
| Foreign
Matter, Sand & Silica, Damaged Seed |
2.0% |
|
|
|
| Delivery center |
Bikaner, Jaipur, Kota, Shriganganagar & Nagour |
| 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 |
| |
|
