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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.

Cost & Freight

As we delve into the world of finance, one term that often comes up is "cost and freight." This refers to the expenses incurred in getting goods to their designated port. ...

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Bid – Offer/Ask spread

Understanding the Bid-Ask spread is crucial in the world of finance. It refers to the difference between the price at which a dealer is willing to buy and sell a commodity. ...

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FMC

The Forward Market Commission serves as the governing body for commodity futures trading in India. It works to ensure fair and transparent price discovery in the market, whi...

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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...

More