National Commodity and derivatives Exchange has planned to assist castor seed traders in liquidating their stock through its e- spot market arm, NCDEX eMarkets Ltd.
(NeML).
Through NeML castor seed traders can liquidate their entire holding in a phased manner instead of carrying the entire quantity and go the physical market for selling. Selling through a spot exchange might yield better realization than transporting entire quantity to physical markets on one occasion.