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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.

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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GNP

(GNP) is a measure of a country's economic output, including the value of goods and services produced by its citizens, both domestically and abroad. It is an important indica...

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Base Metals

Let's discuss some fundamental concepts in the world of finance - base metals. These are commonly found materials like aluminum, copper, tin, nickel, and lead, which are know...

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Full Carrying Charge Market

The term Full Carrying Charge Market, also known as Full Carry, is a concept used in the futures market. It refers to the inclusion of all costs associated with storing, ins...

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