Commodity

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 comprehensive overview of the transportation costs associated with goods and commodities, making it a valuable tool for assessing market trends and forecasting future prices. By tracking the average rates across key routes, Freightex offers valuable insights into the dynamics of the freight industry and its impact on the economy.

Related terms

Buying forward

Understand the meaning and definition of Buying forward in the context of stock market, trading, and investments.

MORE
Differentials

Understand the meaning and definition of Differentials in the context of stock market, trading, and investments.

MORE
Offer price

Understand the meaning and definition of Offer price in the context of stock market, trading, and investments.

MORE
IFFCO

Understand the meaning and definition of IFFCO in the context of stock market, trading, and investments.

MORE
Approved Warehouse

Understand the meaning and definition of Approved Warehouse in the context of stock market, trading, and investments.

MORE
Close out price

Understand the meaning and definition of Close out price in the context of stock market, trading, and investments.

MORE
Explore other categories
Open Free Demat Account!
Join our 3.5 Cr+ happy customers