Tuesday, 28 October 2014

Guar Gum and Guar Seed has removed from MCX ( Multi Commodity Exchange of India Limited)

MCX ( Multi Commodity Exchange of India Limited)  has got approval from FMC to remove guar from exchange. The trader were not actively  taking part in trading of guar gum on MCX.

There was no trading on MCX since a long time. Investor didn't took any interest in guar trading after De-listing in 2012 by FMC. MCX tried to attract investors but it was useless. Guar is traded on NCDEX and MCX . Now NCDEX will be only exchange where guar will be traded. MCX has stopped trading of guar from last Tuesday 21st October,2014 .

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