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MCX launches nickel futures contract in August

August 18, 2025 at 01:59 AM UTCBy FilingReader AI

The Multi Commodity Exchange of India Ltd. announced the launch of its nickel futures contract, effective August 18, 2025.

The initiative aims to provide a mechanism for industries dependent on nickel imports, helping manage price and currency risks.

The trading unit is 250 kgs, with a delivery unit of 1500 kgs, starting from the September 2025 expiry contract. MCX will accept only LME approved primary nickel cathodes with minimum 99.80% purity.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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