The Multi Commodity Exchange of India (MCX) has commenced future trading in Sugar M-30 Medium Grade May 2013 contract which will be made available with effect from December 21, 2012. The exchange will be commencing the trading as per the Rules, Byelaws and Business Rules of the Exchange.
The contract specifications, trading parameters, delivery and settlement procedure of the contract issued by the Exchange shall be binding on all the members of the exchange and constituents trading through them.
MCX is a state-of-the-art electronic commodity futures exchange. MCX offers more than 40 commodities across various segments such as bullion, ferrous and non-ferrous metals, energy, and a number of agri-commodities on its platform.