INDIA COMMODITY EXCHANGE (Seize the right opportunity)

+91-22-40381500

market operations

SPOT

Active players from the physical market belonging to different segments in the value chain are chosen as polling participants to ensure that the Exchange gets non-biased spot rate.

  • Prices will be polled twice a day from various physical market participants as mentioned above.

  • Minimum 15 participants each time.

  • Participants will be selected on a random basis out of the pool of identified polling list collated by the exchange for this purpose. Effort will also be made to ensure that prices are not polled from same participants every time.

  • The above polled prices will be subjected to the statistical process of bootstrapping to arrive at the final benchmark price.

  • The final spot price as arrived in step 4 above is disseminated on TWS for all market participants.

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Indian Commodity Exchange Ltd | CIN : U67120DL2008PLC182140 Corporate Office: Reliable Tech Park, 403-A, B-Wing, 4th Floor, Thane-Belapur Road, Airoli (E), Navi Mumbai – 400708, India. Tel.No:+91-22-40381500 | Fax No:+91–22-40381511 Registered office: Dev House, 260-261, Tribhuwan Complex, Ishwar Nagar, New Friends Colony (W), New Delhi - 110065, India | Tel.No: +91-011-30670103
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