# Commodity

#### <mark style="color:green;">09.Mar.2026</mark>

[<mark style="color:blue;">**Revision in Trading Hours**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2026/february/circular---068---2026.pdf?sfvrsn=4928049e_0)

The trading hours of MCX shall be revised with effect from March 09, 2026 on account of change in US daylight saving timing as follows :

<table><thead><tr><th width="190">Current</th><th width="183">Revised</th></tr></thead><tbody><tr><td>9.00 AM -11.55 PM</td><td>9.00 AM -11.30 PM</td></tr></tbody></table>

#### <mark style="color:green;">26.Feb.2026</mark>

[<mark style="color:blue;">**Revision in Expiry Date of Futures Contracts**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2026/february/circular---081--2026.pdf?sfvrsn=891d059e_0)

[<mark style="color:blue;">**Revision in Expiry Dates of Copper and Zinc March 2026 Options Contracts**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2026/february/circular---082--2026.pdf?sfvrsn=ed1d059e_0)

#### <mark style="color:green;">19.Feb.2026</mark>

[<mark style="color:blue;">**Withdrawal of Additional Margin in GOLD and SILVER**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2026/february/circular-077---2026.pdf?sfvrsn=6443059e_0)

Additional Margin of 3% levied in Gold Futures (all contracts of all variants) and 7%
\
levied in Silver Futures (all contracts of all variants) shall be withdrawn with effect from
\
Thursday, February 19
th
, 2026.

#### <mark style="color:green;">05.Feb.2026</mark>

[<mark style="color:blue;">**Imposition of Additional Margin in Silver & Gold**</mark>](https://1464797116-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FEX31Xx9NZFHlRfi6I1mp%2Fuploads%2F0HSTuPC3if2OzP8as2JM%2Fcircular-063---2026.pdf?alt=media\&token=d9647af4-b12d-4960-a325-718c6a1c845b)

In view of periodic review of adequacy of risk management measures and to mitigate systemic risk, **MCXCCL has decided to levy**, **Additional Margin of 4.5% in Silver Futures contracts** (all variants) & **1% in Gold future contracts** (all variants) with effect **from Thursday, February 05, 2026** (Begin of Day) & and Additional Margin 2.5% in Silver Futures contracts (all variants) & 2% in Gold future contracts (all variants) with effect from Friday, February 06, 2026 (Begin of Day) over and above margin levied on 05-02-2026.

#### <mark style="color:green;">24.Oct.2025</mark>

[<mark style="color:blue;">**MCX Launch of iCOMDEX Bullion Index (MCX BULLDEX®) Options contracts**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2025/september/circular-474-20252e84524857fb64e3bdfdff00007acb35.pdf?sfvrsn=8e7f369e_0)

The Exchange has announced launch of MCX iCOMDEX Bullion Index (MCX
\
BULLDEX®) Options contracts with MCX iCOMDEX Bullion Index (MCX BULLDEX®) as
\
underlying.

Options contracts details are provided
&#x20;below :

| Contract Launch Date | Contract Expiry Date | Contract Expiry month |
| -------------------- | -------------------- | --------------------- |
| October 27, 2025     | November 26, 2025    | November 2025         |
| October 27, 2025     | December 31, 2025    | December 2025         |
| October 27, 2025     | January 27, 2026     | January 2026          |

**The above BULLDEX options contracts will be available for trading with effect from Monday,
&#x20;October 27, 2025**

#### <mark style="color:green;">23. Oct.2025</mark>

[<mark style="color:blue;">**Imposition of Additional Margin in Gold & Silver near month future contracts**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2025/october/circular-543---2025.pdf?sfvrsn=ec4d329e_0)

#### <mark style="color:green;">16.Oct.2025</mark>

[**MCX-Imposition of Additional Margin in Silver (all variants)**](https://www.mcxindia.com/docs/default-source/circulars/english/2025/october/circular-532---2025.pdf?sfvrsn=36ba329e_0)

**MCXCCL decided to levy an Additional Margin of 2% in Silver Near Month Futures contracts (all variants) with effect from Friday, October 17, 2025 (Begin of Day).**

&#x20;Details of the applicable increased margins will be as under

| Symbol    | Expiry     | Additional Margin (%) |
| --------- | ---------- | --------------------- |
| SILVER    | 05-12-2025 | 2.00                  |
| SILVERM   | 28-11-2025 | 2.00                  |
| SILVERMIC | 28-11-2025 | 2.00                  |

#### <mark style="color:green;">13.Oct.2025</mark>

[<mark style="color:blue;">**MCXCCL has decided to revise the Minimum Initial Margin (IM) / SOMM in Gold & Silver Futures and Options contracts (all variants)**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2025/october/circular-527---2025.pdf?sfvrsn=8017319e_0)

Details of the applicable increased margins will be as under

<table><thead><tr><th width="175">Commodity</th><th width="248">Current Total Minimum Margin</th><th>Revised Total Minimum  Margin</th></tr></thead><tbody><tr><td>Gold (all variants)</td><td>7.25</td><td>8.25</td></tr><tr><td>Silver (all variants)</td><td>11.25</td><td>12.75</td></tr></tbody></table>

Revised margin will be applicable with effect from **Tuesday, October 14, 2025 (Begin of Day).**

#### <mark style="color:green;">26.Sep.2025</mark>

[<mark style="color:blue;">**Launch of MCX iCOMDEX Bullion Index (MCX BULLDEX®) Options contracts with**</mark>
\ <mark style="color:blue;">**MCX iCOMDEX Bullion Index (MCX BULLDEX®) as underlying**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2025/september/circular-474-20252e84524857fb64e3bdfdff00007acb35.pdf?sfvrsn=8e7f369e_0)

#### <mark style="color:green;">11.Aug.2025</mark>

[<mark style="color:blue;">**Modification in Staggered Delivery Period in Commodity Futures Contracts**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2025/august/circular-383---2025.pdf?sfvrsn=852b2e9e_0)

[<mark style="color:blue;">**Modifications in contract specifications of Nickel Futures Contract**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2025/august/circular---391--2025.pdf?sfvrsn=de012e9e_0)

#### <mark style="color:green;">28.Jul.2025</mark>

[<mark style="color:blue;">**Launch of Cardamom Futures Contracts**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2025/july/circular---355--2025.pdf?sfvrsn=53dd2e9e_0)

MCX has announced the launch of Cardamom futures contracts with
&#x20;effect from July 29, 2025.

[<mark style="color:blue;">**Procedure for deposit & storage of Cardamom at MCXCCL Accredited Warehouses**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2025/july/circular-357.pdf?sfvrsn=dddc2e9e_0)

[<mark style="color:blue;">**Accreditation of Warehouse for Cardamom**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2025/july/circular-358-2025.pdf?sfvrsn=63dc2e9e_0)

[**Delivery & Settlement Procedure for CARDAMOM Contract**](https://www.mcxindia.com/docs/default-source/circulars/english/2025/july/circular---365---2025.pdf?sfvrsn=2eb72e9e_0)

#### <mark style="color:green;">09.Jul.2025</mark>

[**MCX- Launch of Electricity Futures (Monthly Base Load) Contract**](https://1464797116-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FEX31Xx9NZFHlRfi6I1mp%2Fuploads%2FeneFDMoKJaUd1KkmElsn%2FMCXTRD3322025%20%20Launch%20of%20Electricity%20Futures%20\(Monthly%20Base%20Load\)%20Contract.pdf?alt=media\&token=de55ad40-3bff-47a6-b637-0c6048392976)

The Exchange has announce the launch of Electricity Futures (Monthly Base Load) Contract with effect from Thursday July 10, 2025. Four months is the trading period for these contracts.

[**Settlement procedure for Electricity Futures (Monthly Base Load) Contracts**](https://1464797116-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FEX31Xx9NZFHlRfi6I1mp%2Fuploads%2F44isiBtpNY0C0bxjJguZ%2Fcircular---337---2025%2008th%20July.pdf?alt=media\&token=d601a4e9-2a3d-431e-9dc6-e801d8026a8d)

#### <mark style="color:green;">26.Mar.2025</mark>

[<mark style="color:blue;">**MCX -Launch of Gold Ten (10 gram) Futures contracts**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2025/march/circular-148---2025.pdf?sfvrsn=36865a9e_0)

MCX has announced the launch of Gold Ten (10 gram) futures contracts, effective from Tuesday, April 1, 2025. These contracts will be available for trading with expiry months of April 2025, May 2025, and June 2025

[<mark style="color:purple;">**Circular 1**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2025/march/circular-134-2025.pdf?sfvrsn=2ece599e_0)         [<mark style="color:purple;">**Circular 2**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2025/march/circular-148---2025.pdf?sfvrsn=36865a9e_0)

<mark style="color:green;">**10.Feb.2025**</mark>

[<mark style="color:blue;">**Revision in Expiry Date of Futures Contract expiring on March 31, 2025**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2025/february/circular-069-2025.pdf?sfvrsn=391a5d9e_0)

[<mark style="color:blue;">**Revision in Expiry Dates of Copper and Zinc March 2025 Options Contracts**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2025/february/circular-070-2025.pdf?sfvrsn=a3195d9e_0)

#### <mark style="color:green;">01.Oct.2024</mark>

<mark style="color:blue;">**Revision in transaction charges - MCX & NCDEX**</mark>

As per SEBI guidelines, MCX and NCDEX have revised transaction charges for futures and options contracts effective October 1, 2024.

**Circulars**&#x20;

[<mark style="color:blue;">**MCX**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2024/september/circular-631-2024.pdf?sfvrsn=e14b549e_0)

[<mark style="color:blue;">**NCDEX**</mark>](https://www.ncdex.com/public/uploads/circulars/Circular%20Revision%20in%20Transaction%20Fees%20270924_1727446658.pdf)

#### <mark style="color:green;">14.Aug.2024</mark>

[<mark style="color:blue;">**MCX- Revision of Initial Margin in Crude Oil & Silver contracts (all variants)**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2024/august/circular-535-2024.pdf?sfvrsn=7bbd489e_0)

MCXCCL has decided to revise the Minimum Initial Margin (IM) / SOMM in Crude Oil & Silver contracts (all variants) with effect from August 16, 2024

&#x20;Details of the applicable margins are as under:

<table><thead><tr><th width="143">Commodity</th><th width="297">Current Minimum Initial Margin (%)</th><th>Revised Minimum Initial Margin (%)</th></tr></thead><tbody><tr><td>Silver all variants</td><td>11.5</td><td>13</td></tr><tr><td>Crude Oil all variants</td><td>30</td><td>33</td></tr></tbody></table>

#### <mark style="color:green;">Circulars</mark> <mark style="color:blue;">:</mark>

#### [Circular 1](https://www.mcxindia.com/docs/default-source/circulars/english/2024/august/circular-534-2024.pdf?sfvrsn=d5bd489e_0)

#### [Circular 2](https://www.mcxindia.com/docs/default-source/circulars/english/2024/august/circular-535-2024.pdf?sfvrsn=7bbd489e_0)

#### <mark style="color:green;">22.Apr.2024</mark>

<mark style="color:blue;">**Launch of Crude Oil Mini & Natural Gas Mini Options Contracts**</mark>

MCX has announced the launch of Crude Oil Mini & Natural Gas Mini Options Contracts with effect from Tuesday, April 23, 2024.

Circulars :&#x20;

[<mark style="color:blue;">**Crude Oil Mini**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2024/april/circular-241-2024.pdf?sfvrsn=a2a47e9e_0)  &#x20;

[<mark style="color:blue;">**Natural Gas Mini**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2024/april/circular-242-2024.pdf?sfvrsn=c8a47e9e_0)

### MCX

<mark style="color:green;">**11.Mar.2024**</mark>

[<mark style="color:blue;">**MCX Revision in Trading Hours from 11th March**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2024/february/circular-082-2024.pdf?sfvrsn=1d22639e_0)

MCX trading hours shall be revised from March 11, 2024,  on account of change in US daylight saving timings.

Changes in trading hours for Non Agri. Commodities as follows,

| Current           | Revised           |
| ----------------- | ----------------- |
| 9.00 AM -11.55 PM | 9.00 AM -11.30 PM |

#### <mark style="color:green;">14.Feb.2024</mark>

[<mark style="color:blue;">**Revision of Initial Margin in Silver**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2024/february/circular-090-2024.pdf?sfvrsn=5d5f6c9e_0)

In view of periodic review of adequacy of risk management measures and to mitigate systemic risk, MCXCCL has decided to revise the Minimum Initial Margin (IM) / SOMM in Silver contracts (all variants) with effect from Thursday, February 15, 2024.

#### <mark style="color:green;">13.Oct.2023</mark>

[<mark style="color:blue;">**MCX Revision in Trading Hours for October 16, 2023**</mark>](https://notifications.geojit.com/exchange-circulars/commodity#13.oct.2023)

&#x20;Trading hours for trade date October 16, 2023 is revised as under :

| Particulars                              | Special Session      | Trade Start Time | Trade End Time |
| ---------------------------------------- | -------------------- | ---------------- | -------------- |
| Non-Agri Commodities                     | 10:30 AM to 10:44 AM | 10:45 AM         | 11:30 PM       |
| Select Agri Commodities (Cotton & Kapas) | 10:30 AM to 10:44 AM | 10:45 AM         | 9:00 PM        |
| All Other Agri Commodities               | 10:30 AM to 10:44 AM | 10:45 AM         | 5:00 PM        |

From October 17, 2023, the trade timings will be restored to normal as below:

| Particulars                              | Special Session      | Trade Start Time | Trade End Time |
| ---------------------------------------- | -------------------- | ---------------- | -------------- |
| Non-Agri Commodities                     | 08:45 AM to 08:59 AM | 09:00 AM         | 11:30 PM       |
| Select Agri Commodities (Cotton & Kapas) | 08:45 AM to 08:59 AM | 09:00 AM         | 9:00 PM        |
| All Other Agri Commodities               | 08:45 AM to 08:59 AM | 09:00 AM         | 5:00 PM        |

\ <mark style="color:green;">**24.Aug.2023**</mark>

[<mark style="color:blue;">**Modification in Margin applicable in Crude Oil and Natural Gas**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2023/august/circular-551-2023.pdf?sfvrsn=75a3b991_0)

The current additional Margin of 10% levied on Crude Oil and Natural Gas Future contracts (all variants) shall be modified to 7% with effect from Friday, August 25, 2023

#### <mark style="color:green;">11.Aug.2023</mark>

### NCDEX

[<mark style="color:blue;">**Trading Hours for Commodity Derivatives Segment**</mark>](https://www.ncdex.com/public/uploads/circulars/Circular_Trading_Hours_for_Commodity_Derivatives_Segment_vf_1690887884.pdf)

#### <mark style="color:green;">27. Jun.2023</mark>

[<mark style="color:blue;">**Trading Holiday on June 29, 2023 on account of Bakri ID**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2023/june/circular-409-2023.pdf?sfvrsn=8a1baa91_0)

#### <mark style="color:green;">14.Jun.2023</mark>

[<mark style="color:blue;">**Imposition of Additional Margin in Crude Oil and Natural Gas**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2023/june/circular-377-2023.pdf?sfvrsn=8d57af91_0)

In view of periodic review of adequacy of risk management measures and to mitigate systemic risk, MCX has decided to levy an Additional Margin of 10% each in Crude Oil and Natural Gas Futures contracts (all variants) with effect from Friday, June 16, 2023 (Begin of Day).

#### <mark style="color:green;">09.Mar.2023</mark>

[<mark style="color:blue;">**MCX Launch of Natural Gas Mini Futures Contracts**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2023/march/circular-157-2023.pdf?sfvrsn=fe39d791_0)

The Exchange is pleased to announce the launch of Natural Gas Mini Futures contracts with effect from Tuesday March 14, 2023

#### <mark style="color:green;">01.Mar.2023</mark>

[<mark style="color:blue;">**MCX Launch of Crude Oil Mini Futures Contracts**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2023/february/circular-146-2023.pdf?sfvrsn=347ad591_0)

The Exchange is pleased to announce the launch of Crude Oil Mini (10 barrels) Futures contracts with effect from Friday March 3, 2023.&#x20;

Crude Oil Mini (10 barrels) Futures contracts will be available for trading as below:&#x20;

| Contract Launch date | Contract Expiry Date | Contract Expiry Month |
| :------------------: | :------------------: | :-------------------: |
|     March 3, 2023    |    April 19, 2023    |       April 2023      |
|     March 3, 2023    |     May 19, 2023     |        May 2023       |
|     March 3, 2023    |     June 16, 2023    |       June 2023       |
|     March 3, 2023    |     July 19, 2023    |       July 2023       |
|     March 3, 2023    |    August 21, 2023   |      August 2023      |

#### <mark style="color:green;">17. Feb. 2023</mark>

[<mark style="color:blue;">**Launch of Aluminium Mini Futures Contracts**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2023/february/circular---104-2023.pdf?sfvrsn=509aca91_0)

The Exchange is pleased to announce the launch of Aluminium Mini Futures contracts with effect from Monday, February 20, 2023.

[<mark style="color:blue;">**Launch of Lead Mini Futures Contracts**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2023/february/circular---105-2023dca9ae4757fb64e3bdfdff00007acb35.pdf?sfvrsn=7c52ca91_0)

The Exchange is pleased to announce the launch of Lead Mini Futures contracts with effect from Wednesday, February 22, 2023

[<mark style="color:blue;">**Delivery and Settlement Procedure for Aluminium Mini, Lead Mini and Zinc Mini**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2023/february/circular-110---2023.pdf?sfvrsn=2e49ca91_0)

The Delivery and Settlement procedure shall be applicable to all Aluminium Mini, Lead mini & Zinc Mini Delivery contracts expiring from March 2023 and onward contracts

#### <mark style="color:green;">15.Nov.2022</mark>

[<mark style="color:blue;">**Launch of Zinc Mini Futures Contracts**</mark>](https://www.mcxindia.com/docs/default-source/circulars/english/2023/february/circular---101-2023.pdf?sfvrsn=c4eaca91_0)

The Exchange is pleased to announce the launch of Zinc Mini Futures contracts with effect from Friday February 17, 2023.

#### <mark style="color:green;">07.Nov.2022</mark>

On account of **“ Gurunanak Jayanthi “** –  there is no Commodity Day trading session on Tuesday, 8th  November, 2022&#x20;

Evening session **( 5.00 PM to 11.55 PM )** of MCX  will be open for trading

#### <mark style="color:green;">11.Oct.2022</mark>

<mark style="color:blue;">**Modification in Daily Price Limits (DPL) for Commodity Futures Contracts**</mark>

MCX and NCDEX have informed there will be a **Modification in Daily Price Limits (DPL) for Commodity Futures Contracts.**&#x20;

Currently commodities price movement in the international markets is more than the aggregate DPL when compared with closing price on previous day on domestic exchange, the same maybe further **relaxed in stages of 3% by the Exchange with cooling off period of 15 minutes.** For such instances, the Stock Exchanges shall give appropriate notice to the market along with all the relevant details and justification for the same.&#x20;

Now SEBI has allowed, ***Only in the event of exceptional circumstances, where there is extreme price movement, beyond the initial slab of the DPL, in the international markets, during trading hours or after the closure of trading on domestic exchanges, the stock exchanges can relax the DPL directly by the required level, by giving appropriate notice to the market**.*

&#x20;The provision of the said SEBI circular shall be effective immediately.


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