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Commodity

Crop Year

In financial terms, the Crop Year refers to the duration between two consecutive harvests. It is an important concept to understand in the realm of agriculture and commodity trading. Keep in mind that the length of a Crop Year can differ depending on the specific commodity being harvested. With this in mind, let's delve deeper into the significance of the Crop Year in the world of finance.

Closing Price

Commodity prices are determined by the forces of supply and demand, which can fluctuate throughout the day. The closing price is the final value of a commodity at the end of...

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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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FREIGHTEX

Freightex, a prominent index on NCDEX, serves as a benchmark for the freight rates per tonne on heavily trafficked routes spanning 1000 kilometers. This index provides a com...

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Trade date

is known as the trade date. This date is important in the financial world as it determines when the transaction will be settled and when the funds will be exchanged. Unders...

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