The leading stock exchange BSE (formerly Bombay Stock Exchange) has launched the almond futures contract after receiving regulatory approval from capital markets watchdog -- Securities and Exchange Board of India (SEBI). This is the world's only available derivatives contract for trading in almonds.
The contract trading unit is 1,000 kgs and the maximum order size is 20,000 kgs, delivery units are 1,000 kg deliverable at Navi?Mumbai. The almond contracts will take the reference rate of Navi Mumbai Agricultural Produce Market Committee (APMC). BSE said it is confident that wide dissemination of almond prices on its platform will be used as reference for physical market transactions.
It is also expanding ties with various physical market participants for strengthening of warehouses and other support infrastructure, which is essential for grading, sorting and quality certification, etc. The exchange said it is still reaching out to participants and spreading awareness of the benefits of these products and looks forward to a wide participation in the future.
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: