The ACE Derivatives and Commodity Exchange is planning to add two more agricultural commodities to its product portfolio, Business Standard reports. Commodities, such as cotton, cumin seeds, yellow peas and pepper may be added, said CEO Dilip Bhatia.
At present, the exchange offers eight agricultural commodities, including rape mustard seed, soybean, castor seed and refined soy oil. The exchange also offers Guargum and guarseed commodities, which may generate a daily turnover of $33.69-44.93 million.
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