The Indian Securities and Transaction Board (SEBI) has extended 7 agriculture until March 31, 2026 during the future trade. These products include non -pass paddy, wheat, gram, mong, mustard and its value added products (oil and leg), soybean and its value added products (such as soy oil and dock) and Qudi Oil. These items have been banned since December 2021, which has been extended from time to time. According to the circular published a day ago, the future trade of these products will now be banned until December 31.
On December 19, 2021, by December 20, 2022, SEBI ordered all stock markets to trade in the descendants of goods through a circular to halt 7 agricultural products and its products in its products. After this period, 20 December 20, 20 December 2024, 31 December 31, 31 December 31, then until 31 March 2025.
Shock to the belief of the traders
Prior to this important conclusion, the oilseed and the oil industry believed that soybean and mustard would be excluded from SEBI. Soybean prices are below the MSP, which is why there is anger among farmers. But despite the price cut, SEBI has added soybean and mustard to the future trade list. Because of this, the oilseed industry is a great disappointment. The industry has previously quoted farmers and said that the oilseeds are affected by the farmers due to the ban on future trade.
Read: Find out the progress of peanut oil at Rs.
Why did SEBI increase the barrier?
However, in the wake of the prohibition of oilseeds and major future trading, the government’s aim is to keep the inflation rate lower. In recent times, inflation has been found in oil seeds, especially in oilseeds. For months, the prices of all the eating oils are in the sky. The greatest roll of whole food inflation is an increased rate of oils. Mustard oil is still Rs.150 per liter. Similarly, there is already an increase in the price of soybean oil. Considering this inflation, SEBI has increased the ban on the future trade of 7 agricultural commodities for the next one year.
How does the price of oils decrease?
Considering the inflation of eating oils, the traders of the region are demanding that soybean and mustard be excluded from the future business barrier, which will help reduce inflation. Traders say the cost of eating oils is due to the ban on future trade. Traders say that resumption of future trade in soybean, rapzeet and their descendants will help reduce the price of oils.
Read: This season, government agencies are buying more mustard, priced MSP
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