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Offer Description - Zinc Ingots
Place of Origin: Cameroon Brand Name: Zinc Model Number: Ingot
Zn (Min) : 52 Alloy Or Not: Is Alloy Secondary Or Not: Is Secondary
WE ARE A COMPANY MANUFACTURING QUALITY 99. 99 % PURE ZINC INGOTS OF HIGHEST PURITY , AND ALSO WE MAKE NON FERROUS METAL
We offer Zinc- 1000- 2000 Mt every month to start with Round Steel bar- used for construction in Infrastructure Circular steel Wire- Lamination- roll.
Futures Contract
ZINC INGOT
ZINC
NCDEX Trading System
Ex- Warehouse at Bhiwandi, exclusive of Import Duty, CVD/ Excise, Cess, Sales Tax / VAT and any other levy or tax. In addition, the Buyers will be liable to pay delivery charges to Seller as notified by the Exchange before launch of respective contract
5 MT (Five Metric Tonnes)
5 MT (Five Metric Tonnes)
Rs per KG
Re. 0. 05/ - per KG (5 Paise )
IS 209 - 1992 / ASTM B6- 03
+/ - 250 KGs or 2% whichever is lower
Bhiwandi, Maharastra. Warehouse to be accredited within 50kms from the municipal limits
Delhi. Warehouse to be accredited within 50kms from the municipal limits
Location Premium/ Discount as notified by the Exchange from time to time
As per directions of the Forward Markets Co mm ission from time to time, currently-
Mondays through Fridays : -
10: 00 AM to 11: 30 PM
Saturdays - 10: 00AM to 02: 00 PM
Expiry Date - at 11: 30 PM
All timings are as per Indian Standard Timings (IST)
The Exchange may change the above timing with due notice.
The buyer and seller shall mark intentions of taking/ giving through the delivery request window at least 3 trading days prior to the expiry of the contracts and the intention will be collected during 3 days which would be notified separately.
Intention Matching
As per the launch calendar
Trading in any contract month will open on the 1st day of the month. If the 1st day happens to be a non- trading day, contracts would open on the next trading day
Last trading day of the month
If last day happens to be a holiday, a Saturday or a Sunday then the due date shall be the i mm ediately preceding trading day of the Exchange
On expiry of the contract, all outstanding positions not resulting in giving/ taking of physical delivery of co mm odity shall be closed out at the Final Settlement Price announced by the Exchange
Base daily price fluctuation limit is (+/ - ) 4% . If the trade hits the prescribed base daily price limit, the limit will be relaxed up to (+/ - ) 6% without any break/ cooling off period in the trade. In case the daily price limit of (+/ - ) 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be further relaxed up to (+/ - ) 9% . Trade will be allowed during the cooling off period within the price band of (+/ - ) 6% .
In case of price movement in International markets which is more than the maximum daily price limit (currently 9% ) , the same may be further relaxed in steps of 3% with the approval of FMC.
Memberwise: 6, 000 Metric Tonnes or not more than 20% of the market open position, whichever is higher
Clientwise: 1, 500 Metric Tonnes
The above limits will not apply to bona fide hedgers. For bona fide hedgers, the Exchange will, on a case to case basis, decide the hedge limits. Please refer to Circular No. NCDEX/ TRADING- 100/ 2005/ 219 dated October 20, 2005