The National Commodity & Derivatives Exchange Limited (NCDEX), on July 20, 2026, announced the re-triggering of the Event-based Additional Surveillance Margin (E-ASM) for Turmeric contracts. Based on the prescribed 10-day high-low price variation of 15%, an additional surveillance margin of 2.5% has been imposed on all running and yet-to-be-launched Turmeric contracts.
The 2.5% E-ASM will be applicable to all existing and future Turmeric contracts until August 10, 2026. The circular has been issued in accordance with the Exchange's earlier surveillance framework introduced through its circulars issued in 2019, 2020, and 2021 for select commodities.
The Exchange clarified that all other applicable margins will continue to be levied in addition to the E-ASM. The surveillance measure is intended to manage heightened price volatility and strengthen risk management in the Turmeric derivatives market.
[Circular No. NCDEX/SURVEILLANCE & INVESTIGATION-063/2026]
