The National Commodity & Derivatives Exchange Limited (NCDEX), on December 23, 2025, notified regarding the applicability of Event based Additional Surveillance Margin (E-ASM) for Guar Seed and Guar Gum.
The following has been stated namely: -
• In accordance with the same, based on the High - Low variation, [(High-Low)/Low x 100], E-ASM of 2.5 percent has been re-triggered and will be applicable on all the running contracts and yet to be launched contracts in Guar Seed and Guar Gum till January 14, 2026.
• The table outlines the trigger dates and applicability of the E-ASM mechanism across selected commodities based on price variation thresholds. Barley, Castor Seed, and Jeera (including Jeera Mini) have no E-ASM triggers applicable. Coriander has no trigger dates for either 5-day or 10-day movements, but E-ASM applicability continues till 31 December 2025. Guar Gum triggered E-ASM on 23 December 2025 for both 5-day (10%) and 10-day (15%) price movements, with applicability valid till 14 January 2026. Guar Seed triggered E-ASM on 23 December 2025, only for the 10-day (15%) movement and remains applicable till 14 January 2026. Turmeric has no trigger dates listed, but E-ASM applicability extends till January 07, 2026.
[Circular No : NCDEX/SURVEILLANCE & INVESTIGATION-082/2025]
