NCDEX to launch coal futures in Sept
Newswire18 / Kochi August 25, 2008, 3:59 IST The National Commodity and Derivatives Exchange (NCDEX) is planning to launch futures trading in thermal coal by September 10, the exchange's Chief Business Officer Unopam Kausik said on Saturday. Initially, the exchange plans to introduce a contract lot size of 100 tonnes and the trading centre will be in Nagpur, Maharashtra, he said. Delivery will be made in Surat, in Gujarat, and a couple of more locations in the western region, he said.