Topic
mcx
Commodities Energy & Petrochemicals #bombay high court#mcx
Bombay High Court Dismisses Petitions Against MCX Negative Crude Oil Futures Settlement in 2020
The Bombay High Court dismissed over 20 petitions challenging the Multi Commodity Exchange's (MCX) decision to settle its April 2020 crude oil futures contracts at a negative price of ₹2,884 per barrel, following the historic NYMEX settlement. The bench upheld MCX's circular, ruling that petitioners were bound by the contract specifications linking settlement to NYMEX prices.
Jun 25, 2026 1 source
Commodities Metals & Mining #mcx#silver
MCX Launches 'Silver 100' Futures to Boost Market Liquidity
The Multi Commodity Exchange of India (MCX) has launched 'Silver 100' futures, offering a new hedging tool for India's silver industry. This initiative aims to reduce import dependency and increase domestic recycling.
Jun 1, 2026 1 source