The Multi Commodity Exchange of India Limited (MCX), on December 23, 2025, announced the commencement of futures trading in select base metal contracts for the May 2026 expiry, in exercise of powers under its Rules, Bye-Laws, and Business Rules, with trading to begin from January 01, 2026.
The circular notifies the launch of Aluminium Mini, Aluminium, Copper, Lead Mini, Lead, Nickel, Zinc Mini, and Zinc Futures contracts. While most contracts are scheduled to expire on May 29, 2026, the Nickel Futures contract will expire earlier on May 20, 2026. The detailed contract specifications and trading parameters, as set out in the annexures to the circular, shall be binding on all Members and their constituents.
Members are advised to refer to MCXCCL circulars for applicable margin requirements. The Delivery, Settlement, and Warehousing Procedures for these contracts will be notified separately by the Multi Commodity Exchange Clearing Corporation Limited (MCXCCL).
[Circular No. MCX/TRD/655/2025]
