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Commodity

Warehouse Receipt

It is issued by the warehouse operator on behalf of the owner of the goods, and serves as proof of ownership and a negotiable instrument in financial transactions.

A Warehouse Receipt is a crucial document that validates the ownership or possession of a commodity stored in a licensed warehouse. This document is issued by the warehouse operator on behalf of the owner of the goods. It not only serves as evidence of ownership, but also acts as a transferable instrument in financial dealings. In simpler terms, it is a certificate that confirms the existence and control of commodities within a warehouse.

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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F.A.O

(FAO) is a specialized agency of the United Nations that leads international efforts to defeat hunger. The Food and Agriculture Organisation (FAO) is a specialized agency of...

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Delivery notice

A clearing member's declaration to deliver a predetermined amount of a commodity to fulfill a short futures contract is known as a delivery notice. This notice serves as a c...

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Carrying Charge

Transportation expenses refer to the costs associated with the movement of goods from one location to another. These expenses encompass a variety of charges such as warehous...

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