Guarex: First Agrisectoral Index
The National Commodity and Derivatives Exchange (NCDEX) on July 5, 2021, launched India’s first sectoral indices in the agri-commodities space namely GAUREX.
About GUAREX
- GUAREX is a worth primarily based sectoral index that tracks the motion within the futures contracts of guar gum refined splits and guar seed on a real-time foundation.
- This index product will supply a whole lot of alternatives to the worth chain.
- The weightage of guarseed and guar gum refined splits within the index shall be 63 per cent and 37 per cent, respectively. The index futures shall be cash-settled. Initially, Guarex futures contracts expiring in September and ....
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