The NCDEX on August 03, 2026, announced the re-triggering of the Event-based Additional Surveillance Margin (E-ASM) for Turmeric contracts based on significant price volatility. In accordance with earlier surveillance framework circulars, the High-Low price variation exceeded the prescribed thresholds, resulting in the imposition of an additional margin of 2.5%.
The 2.5% E-ASM will be applicable on all currently running and yet-to-be-launched Turmeric futures contracts from 3 August 2026 until 24 August 2026. The trigger was activated as both the 5-day (10%) and 10-day (15%) price movement thresholds were breached on 3 August 2026. No E-ASM has been triggered for other monitored commodities such as Barley, Castor Seed, Coriander, Guar Gum, Guar Seed, and Jeera (including Jeera Mini).
The Exchange has clarified that all other applicable margins will continue to be levied in addition to the E-ASM. Trading and clearing members should therefore ensure compliance with the enhanced margin requirements for Turmeric contracts during the specified period.
[Circular No. NCDEX/SURVEILLANCE & INVESTIGATION-068/2026]
