India extends halt on futures trading in key farm commodities until January
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 19 2024
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Should l Buy ?
Source: Reuters
Extension of Trading Suspension: India has extended the suspension of trading in derivative contracts for key farm commodities until January 31, 2025, aiming to control food inflation and stabilize prices in the agricultural sector.
Potential Resumption of Futures Trading: The short extension period suggests a possible early resumption of futures trading next year, which could benefit importers and oilseed growers by providing price stability and risk hedging opportunities.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
