MCX Final
MCX Final
MCX Final
INTRODUCTION
Multi Commodity Exchange of India ltd. (MCX) is a state-of-the-art demutualised multicommodity futures exchange with permanent recognition from the Government of India to facilitate nationwide online trading, clearing and settlement operations of commodities.
Contd..
Incorporated on April 19, 2002. On September 26, 2003, it received permanent recognition from the Government On March 09, 2012, MCX became Indias 1 exchange to be listed.
QUICK FACTS
40+ commodities traded on MCX. 50,313 cr was the average daily turnover for FY 2012. 1,11,666.16 cr was the highest daily turnover of MCX since inception(on September 23, 2011)
BOARDS OF DIRECTORS
Ashok Jha, IAS (Retd.) - Chairman (Shareholder Director). Mr. Jignesh Shah - Vice-Chairman (Shareholder Director) Mr. Joseph Massey - Managing Director & CEO. Mr. U. Venkataraman - CEO- Currency Derivatives Segment & Whole Time Director (Shareholder Director)
METALS ON MCX
ALUMINIUM
Tin
NICKEL
COPPER
ZINC
LEAD
Aluminium
India is the fifth largest producer of aluminium in the world Aluminium prices in India are fixed on the basis of the rates that rule on the international spot market, and Rupee and US Dollar exchange rates. Governments set trade policy (implementation or suspension of taxes, penalties, and quotas) that affect supply by regulating (restricting or encouraging) material flow.
114.80
114.05 113.50
116.00
115.40 114.75
1
1 16
115.60
115.05
4
12 20
ALUMI NIUM
28SEP2012
1 KGS
114.40
112,000.00
110,000.00
108,000.00
106,000.00
104,000.00
102,000.00
100,000.00
98,000.00
Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12
Nickel
Nickel market in India is of total import dependent. India imports around 30,000 tons of Nickel. Import duty on Nickel is 15%. With growth in the stainless steel sector Nickel import demand is expected to increase in the coming years.
942.10
934.50 925.00
953.50
947.10 938.30
942.10
934.40 924.50
1
1 2
950.00
942.60 933.60
3
1 2
950.50
942.70 933.80
NICKE L
28SEP2012
1 KGS
110,000.00 109,000.00
108,000.00
107,000.00 106,000.00 105,000.00 104,000.00
103,000.00
102,000.00 101,000.00 100,000.00 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12
Zinc
The principal use of zinc in the Indian market is in the galvanizing sector, which currently accounts for an estimated 70% of the total production. Zinc prices in India are fixed on the basis of the rates that rule on the international spot market, and Rupee and US Dollar exchange rates.
Unit
1 KGS 1 KGS 1 KGS 1 KGS
Buy Qty 2 2
Sell Qty 1 1
ZINC
ZINC
31OCT2012
28SEP2012
110.75
109.90
112.50
111.65
110.65
109.80
8
36
111.95
111.10
8
1
112.05
111.15
106,000.00 105,000.00 104,000.00 103,000.00 102,000.00 101,000.00 100,000.00 99,000.00 98,000.00 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12
Lead
Lead prices in India are fixed on the basis of the rates that rule on the International spot market, and Rupee and US Dollar exchange rates.
Economic events such as national industrial growth, global financial crisis, recession, and inflation affect metal prices.
Expiry Month
31DEC201 2 30NOV201 2
Unit
1 KGS 1 KGS
Open (Rs)
High (Rs)
Low (Rs)
117.80 117.30 116.85 116.40
Buy Qty
Sell Qty
31OCT201 2
28SEP201 2
1 KGS
1 KGS
110,000.00 109,000.00 108,000.00 107,000.00 106,000.00 105,000.00 104,000.00 103,000.00 102,000.00 101,000.00 100,000.00 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12
Copper
Copper ranks third in world metal consumption after steel and aluminium. It is a product whose fortunes directly reflect the state of the world's economy.
Birla Copper, Sterilite Industries are two major private producers and Hindustan Copper Ltd the public sector producers. Copper prices in India are fixed on the basis of the rates that rule on LME the preceding day.
Open (Rs)
High (Rs)
Low (Rs)
Buy Qty
Sell Qty
COPPE R COPPE R
461.00 464.75
460.15
457.10 461.40
456.50
452.05 456.90
451.65
435,000.00
430,000.00
425,000.00
420,000.00
415,000.00
410,000.00
Tin
Tin is an important commodity in international trade and is used in hundreds of industrial procecess India's tin production is a meager 10 tons. India meets most of her tin requirements through imports. It is estimated that India imports around 4000 tons of tin and its alloys (including scrap).
1,200,000.00
1,150,000.00
1,100,000.00
1,050,000.00
1,000,000.00
950,000.00
Price
The price depends on governments set trade policy, US Dollar exchange rates ,geopolitical events
Promotion
Print Media Financial Portals , News channels, Word of Mouth
Place
Corporate office: CTS No. 255 Exchange Square, Suren Road, Andheri East, Mumbai 400093, India.
Scrap
Cont
Cobalt