anuary 01, 2002
'39' FUTURES TRADING IN PEPPERSpice Trade Association-International Commodity Exchange Division, Kochi was given renewal of recognition for international futures trading in pepper for six years from January 1, 2002. Further, Rajdhani Oil and Oilseeds Exchange Ltd. Delhi was given renewal of recognition for futures trading in gur from April 1, 2002 to March 31, 2007. Recognition was granted to the Rajkot Seeds oil and Bullion Merchants Association, Rajkot for futures trading in groundnut, its oil and oilcake, cottonseed, its oil and oilcake, cotton (kapas) and RBD palmolein.
In principle approval was granted to 3 commodity exchanges for futures trading in sugar, viz; E-Commodities Ltd., Mumbai, NCS Infotech Ltd., Hyderabad and E-Sugar India. Com, Mumbai. They have been asked to set up necessary infrastructure and other formalities for commencing futures trading in sugar.