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Tuesday, Aug 31, 2004

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Agri-Biz & Commodities - Commodity Exchanges


NCDEX approval for 4 more warehouses

Our Bureau

MUMBAI: To facilitate delivery on expiry of futures contracts, the National Commodity and Derivatives Exchange Ltd (NCDEX) has accredited four more warehouses as delivery centres for wheat and soya bean.

Delhi-based Total Logistics (India) Private Ltd, Jhawar Ice & Cold Storage and M.P. State Warehousing & Logistics Corporation (Indore) have been permitted for wheat delivery. For soya bean delivery, Indore-based Jhawar Ice & Cold Storage has been approved, according to Ms Meher Baburaj, the Chief Operating Officer of the exchange.

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