# All about Agridex, India’s first agricultural index to trade in commodities market

> NCDEX launched Agridex on 25 May, India's first agricultural futures index, comprising 10 liquid commodities including soybean, chana, cottonseed oilcake, guar, mustard seed and refined soy oil. Contracts expire in June, July, September and December, and the index is rebalanced annually with commodity capping.

- Date: 2020-06-03 · published 2020-06-03T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/52713-all-about-agridex-india-s-first-agricultural-index-to-trade-in-commodities
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

The index gives Indian market participants a new hedging tool for oilseed and meal exposure, which may add financial liquidity to these feed-relevant commodities but is unlikely to move physical prices on its own.

## Read by commodity

- CSM: neutral
- SBM: neutral

## Sources

- theprint.in: https://theprint.in/india/all-about-agridex-indias-first-agricultural-index-to-trade-in-commodities-market/434930/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.