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This Article is From Sep 29, 2022

NCDEX To Relaunch Robusta Coffee Futures

The National Commodity and Derivatives Exchange (NCDEX) will relaunch robusta coffee futures from Friday in an effort to give small growers a hedging tool, the exchange said on Thursday.

NCDEX To Relaunch Robusta Coffee Futures
India is the world's sixth-biggest coffee producer, but remains well behind leaders Brazil and Vietnam.
MUMBAI:

The National Commodity and Derivatives Exchange (NCDEX) will relaunch robusta coffee futures from Friday in an effort to give small growers a hedging tool, the exchange said on Thursday.

The exchange will launch three contracts initially, expiring in the months of February, March and April next year.

"The contract will enable growers to hedge their price risks, individually and collectively," said NCDEX Chief Executive Arun Raste.

Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay

India is the world's sixth-biggest coffee producer, but remains well behind leaders Brazil and Vietnam.

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