The National Commodity & Derivatives Exchange (NCDEX) on July 21, 2026, re-triggered 2.5% E-ASM on Turmeric contracts till August 11, 2026.
The National Commodity & Derivatives Exchange (NCDEX), with reference to its earlier circulars dated October 15, 2019; October 17, 2019; September 18, 2020; and December 30, 2021, has continued the framework for imposing Event-based Additional Surveillance Margin (E-ASM) on select commodities to address abnormal price volatility.
As per the prescribed methodology based on High-Low price variation (High–Low)/Low×100, the E-ASM of 2.5% has been re-triggered for Turmeric contracts due to significant price movement observed over a 10-day period (15% threshold). This margin will be applicable to all running and yet-to-be-launched Turmeric contracts until August 11, 2026.
The trigger date for Turmeric was July 21, 2026, while no E-ASM has been applied to other commodities such as Barley, Castor Seed, Coriander, Guar Gum, Guar Seed, and Jeera, as they did not meet the required volatility thresholds. All other applicable margins will continue to be levied as per existing rules.
[Circular No : NCDEX/SURVEILLANCE & INVESTIGATION-065/2026]
