Are Commodity Markets MCX and NCDEX Closed Today on January 1, 2026?

Commodity traders in India should note the revised trading arrangements for January 1, 2026. As New Year’s Day coincides with global market holidays, Indian commodity exchanges have adjusted their schedules. 

Both the Multi Commodity Exchange (MCX) and the National Commodity & Derivatives Exchange (NCDEX) will permit trading during the morning session while suspending activity later in the day.

Trading Hours on January 1, 2026

On New Year’s Day, MCX will be open for its morning session from 9:00 am to 5:00 pm, while the evening session will remain closed. 

NCDEX will also allow trading in the morning session and observe a holiday during the evening session. All intraday commodity positions will be squared off at 4:50 PM.

Impact of Global Market Closures

Most major international stock and commodity markets will remain closed on 1 January 2026. Markets in the US, UK, Europe, parts of Asia, and the Middle East will not operate, reflecting the global New Year holiday.

China and Japan will extend their holiday into January 2, further reducing international market participation.

MCX Regular Session Timings

Under normal circumstances, MCX conducts its evening session from 5:00 PM to 11:30 PM or 11:55 PM, depending on commodities. NCDEX evening trading typically runs from 5:00 PM to 9:00 PM. Morning sessions for both exchanges begin at 9:00 AM.

MCX Holiday Calendar for 2026

MCX has released its official holiday list for 2026, outlining full and partial trading days. Some holidays, such as Republic Day and Christmas, will see complete closures. 

On others, including Holi and several religious observances, trading will be restricted to either the morning or evening session.

NCDEX Holiday Observance

Except for 1 January, NCDEX will remain closed in both sessions on all holidays listed in the 2026 calendar. 

This applies across agricultural commodity contracts and related derivatives.

Read More: Stock Market Holiday Today (Jan 1, 2026)? NSE, BSE to Remain Open on New Year.

Conclusion

The adjusted trading schedule on January 1, 2026 reflects both domestic holiday planning and global market closures. Traders should review exchange calendars carefully, manage intraday positions within prescribed timelines, and plan liquidity needs accordingly to avoid operational disruptions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.