The National Commodity & Derivatives Exchange Limited (NCDEX) on December 31, 2025, issued a circular regarding Futures & Options Contracts Launch in January 2026 and Premium / Discount for grade/delivery location difference.
The following has been stated: -
•SEBI has specified premium/discount amounts for grade and delivery location differences applicable to commodity Futures contracts launching on January 01, 2026.
•These premiums/discounts, treated as good delivery, are detailed in Annexures I to IV.
•Quality variations within permissible limits will continue to be governed by existing product notes and circulars.
•Options on Futures contracts will be introduced on the Exchange from January 02, 2026, as listed in Annexure V.
[Circular No.:NCDEX/TRADING-044/2025]
