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Commodity

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 measures the percentage of cumulative normal expected rainfall, based on average actual rainfall from the Colaba and Santa Cruz weather stations in Mumbai. It provides valuable insights into the current weather conditions, which can have a significant impact on the agricultural and financial markets. Let's dive deeper into this important concept.

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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Commodity spreads (or straddles)

This is an important concept in finance, as it can provide insight into the supply and demand dynamics of a particular commodity. Spreads can be either positive or negative, ...

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Bid Price

is known as the bid price, while the lowest price at which a dealer is willing to sell commodities is known as the ask price. These prices are essential in understanding the ...

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ICAR

The Indian Council of Agricultural Research (ICAR) is a premier organization that focuses on the development and implementation of innovative agricultural techniques in Indi...

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