REFILE-India's MCX to start trading in brass futures from next week

By Reuters / March 23, 2018 / in.investing.com / Article Link

(Corrects day in first paragraph to Thursday from Wednesday)

MUMBAI, March 22 (Reuters) - India's Multi Commodity Exchange (MCX) MCEI.NS will start trading in brass futures from next week as it tries to provide a benchmark price and hedging tool to the industry, the bourse said on Thursday.

MCX will start trading in three contracts of brass, an alloy made of copper and zinc, from March 26.

The lot size of the contract will be 1 tonne and the delivery centre would be Jamnagar in the western state of Gujarat, the exchange said in a statement.

MCX is India's biggest commodity exchange, which derives most of the volume from metals trading.

Recent News

Many new players enter TSXV gold Top 25 by market cap

July 14, 2025 / www.canadianminingreport.com

Gold stocks mixed on moderate metal gain, flat equities

July 14, 2025 / www.canadianminingreport.com

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok