The Ministry of Mines, on June 30, 2026, notified the Mineral Exchange Rules, 2026.
The following has been stated:-
•Establishing a structured framework for the regulation of mineral exchanges in India, these guidelines enable transparent, delivery-based commodity trading while ensuring robust price discovery and efficient supply management.
•Operational eligibility requires entities to maintain a minimum net worth of ₹50 crore, adhere to specific governance frameworks, and enforce strict individual and collective shareholding limits for members.
•Crucial provisions are included to actively prevent market abuse, including explicit prohibitions against cartelisation, insider trading, circular trading, and price manipulation.
•The operational guidelines mandate automated electronic trading systems with tamper-evident audit trails, dynamic risk management frameworks, and the maintenance of a Settlement Guarantee Fund.
•Market transparency and data integrity are secured through continuous surveillance of trading patterns, regular data dissemination, and mandatory biennial algorithmic and cybersecurity audits.
•Final regulatory oversight is vested in the Indian Bureau of Mines and the Central Government, granting them the power to inspect records, enforce disciplinary actions, and intervene directly during abnormal market volatility.
They shall come into force on July 03, 2026.
The detailed notification is given in the document below.
[Notification No.: G.S.R. 539(E)]
