New Launch18 Aug 2025, 07:25 am
MCX Launches Nickel Futures Contract for Efficient Price Discovery and Risk Management
AI Summary
The Multi Commodity Exchange of India Ltd. (MCX) has announced the launch of Nickel futures contract, effective August 18, 2025. The contract aims to contribute to efficient price discovery and encourage greater value chain participation across the country. As an INR denominated contract, it will help participants manage not only their commodity price risk but also their currency risk. The trading unit and the delivery unit will be 250 kgs and 1500 kgs respectively, effective from the September 2025 expiry contract onwards. The contract will provide opportunities to financial participants and investors as an asset class for portfolio diversification and liquidity.
Key Highlights
- MCX launches Nickel futures contract for efficient price discovery and risk management.
- The contract is INR denominated, helping participants manage both commodity price risk and currency risk.
- The trading unit and delivery unit are set at 250 kgs and 1500 kgs respectively.
- The contract provides opportunities for financial participants and investors for portfolio diversification and liquidity.
- MCX continues to align its products with evolving market needs and global benchmarks.