The National Commodity & Derivatives Exchange Limited (NCDEX) on June 16, 2026, announced the applicability of Event-based Additional Surveillance Margin (E-ASM) on Coriander contracts pursuant to its surveillance framework for managing excessive price volatility in commodity derivatives markets. The action has been taken in accordance with earlier NCDEX circulars governing E-ASM implementation based on significant price movements.
Based on the prescribed High-Low price variation trigger, calculated as [(High − Low) / Low × 100], Coriander recorded the threshold movement necessary to attract an additional surveillance measure. Consequently, an E-ASM of 2.5% will be levied on all running Coriander contracts as well as contracts yet to be launched, effective from the beginning of trading on June 18, 2026, and will remain in force until July 9, 2026. The trigger was activated on June 16, 2026, under the 5-day movement criteria.
NCDEX clarified that no E-ASM has been triggered for other monitored commodities such as Barley, Castor Seed, Guar Gum, Guar Seed, Jeera (including Jeera Mini), and Turmeric. The Exchange further stated that all other applicable margins will continue to be levied in addition to the E-ASM during the specified period.
[Circular No. NCDEX/SURVEILLANCE & INVESTIGATION-048/2026]
