NCDEX launches Chennai rainfall futures to hedge monsoon risks
By TodayTelugu Desk1 min read0 views
NCDEX launched RAINCHNNAI, a rainfall-based weather futures contract, enabling participants to hedge Northeast Monsoon risks. Covering September-December, the cash-settled contract uses IMD rainfall data and complements RAINMUMBAI, expanding exchange-traded tools for managing weather-linked financial exposure.
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