The National Commodity and Derivatives Exchange Limited (NCDEX) on August 27, 2026, notified on Re-triggering of Event Based Additional Surveillance Margin (EASM) on Turmeric.
NCDEX has re-triggered an Event Based Additional Surveillance Margin (EASM) of 2.5% on Turmeric, based on the High-Low price variation formula [(High-Low)/Low × 100]. The EASM will apply to all running contracts and yet-to-be-launched contracts in Turmeric.
The EASM was triggered on August 27, 2026, based on both the 5-day movement threshold of 10% and 10-day movement threshold of 15%, and will remain applicable until September 18, 2026. No EASM has been triggered for the other commodities listed in the circular.
Compliance Impact: Members should ensure that the additional 2.5% EASM is appropriately factored into margin requirements for applicable Turmeric contracts. All other applicable margins will continue to be levied as prescribed.
[Circular No. NCDEX/SURVEILLANCE & INVESTIGATION-079/2026]
