The National Commodity and Derivatives Exchange (NCDEX) on July 5, 2021, launched India’s first sectoral index in the agri-commodities space namely GAUREX.
About GUAREX
GUAREX is a price based index tracking the price movement in the futures contracts of underlying guar seed and guar gum refined splits on a real-time basis.
The weightage of guar seed and guar gum refined splits within the index is 63 per cent and 37 per cent, respectively. Initially, Guarex futures contracts expiring in September and October will be made available for buying and selling.
