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Commodity

MSCCGMF

Limited, or MAFCO, is a co-operative society that deals with the marketing of cotton. Welcome to our lesson on MAFCO, the Maharashtra State Co-operative Cotton Growers Marketing Federation Limited. As the name suggests, it is a cooperative society that specializes in the marketing of cotton. This means that it helps cotton growers in Maharashtra state to sell their produce in an organized and efficient manner. Co-operative societies like MAFCO play a crucial role in the agricultural industry by ensuring fair prices and stable markets for farmers. Let's dive deeper into the functions and significance of MAFCO in the world of finance.

Close out price

It In the world of finance, close out price refers to the final value at which the delivery of commodities is resolved for a short sale. This pivotal aspect of trading often...

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Assayer

An assayer, be it an individual or an institution, plays a crucial role in the financial market. They possess the authority to certify and grade the commodities exchanged in...

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Carrying Charge

Transportation expenses refer to the costs associated with the movement of goods from one location to another. These expenses encompass a variety of charges such as warehous...

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NCDEXRAIN

Welcome to our class on finance related terms. Today, we will be discussing NCDEXRAIN, a rainfall index used by the National Commodity and Derivatives Exchange. This index m...

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