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It is promoted by NCDEX
NSPOT Offerings
Continuous markets: Compulsory delivery based
contracts in
Existing marketing
scenario
o
Contd
o
About Proposal
o
MYRAD
A
NCDEX
SPOT
Farmers(Tur
growers)
TUR
BOARD
Govt. of
Karnatak
a
Bank
Allocation of
Funds by KTAM
to MYRADA
Refund of
Amount
drawn
from
Revolving
Fund A/c
MYRADA
opens a
Revolving
Fund Account
16 Farmers
Facilitation
Centres
(FFC)
Incurs expenditure on
Aggregation of Farmers
Produce
(Like Packing,
Transportation &
Loading / Unloading)
Farmers Lot
are
deposited
on NSPOT
Warehouse
Trades on
NSPOT
12
A/c
reconciliation
& Reporting
Transfer of Sales
proceeds by the
NSPOT after
adjusting,
transaction and
assaying charges
Buying Side
Price Transparency
Price Transparency
17
19
20
24
Particulars
Transportation /Quintal
50 ( Approx)
30 (Approx)
12( At FFC)
Soot (2kg/Q)
100
Nil
10
9.50
Sampling charge
(300gm/Q)
Quality assessment
15
Nil
Nil
1.66
Weighment charge in
warehouse/Q
Transaction charge/Q
Nil
0.40
Nil
100
Nil
Tur Board
Nil
Ware house
charge/Q/month
Total
4.50
285.50
74.56
25
Contract Specifications
26
Lot size
Packing
Moisture content
12% max
Damaged//discoloured grains
Up to 5% max
1% max
Broken seeds
1% max
Ad mixture
0.5% max
Grain Retention
Tick size
Unit of trading
10 MT (10000 kg)
Unit of delivery
10 MT (10000 kg)
Buyer margin
9%
Validity
Date
Admixture
Moisture
Foreign
Matter
Damaged
Broken
seeds
Grain
Retention
Village
30/1/2010
0.42
9.1
0.47
3.09
0.74
98.29
Sarsamba
2/2/2010
0.41
9.2
0.73
1.9
0.11
97.21
Kodli
3/2/2010
0.09
9.2
0.24
4.9
0.08
96.29
Sarsamba
6/2/2010
0.3
9.3
0.2
3.29
0.2
92.19
Sarsamba
6/2/2010
0.56
10.2
0.02
0.8
0.18
99.2
gilda`s
10/2/2010
9.9
0.38
1.17
0.16
98.19
Kodli
10/2/2010
0.06
9.2
0.76
1.83
0.27
97.65
Kodli
11/2/2010
0.25
9.8
0.9
5.8
0.5
97.34
Sarsamba
15/2/2010
0.03
9.3
0.35
4.34
0.2
99.16
Sarsamba(si
ndagi)
10
15/2/2010
0.06
9.2
0.4
1.54
0.32
98.76
Sugoor
0.22
9.44
0.45
2.87
0.28
97.43
0.50%
12%
1%
upto to 5%
1%
Min 90% on
3.75mm
sieve
Average
27
Std
Parameter
THANK YOU
29