SEBI bans futures trading in 7 agricultural commodities for one year

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Markets regulator SEBI on Monday barred futures trading in five more commodities – paddy (non-basmati), wheat, soybean and its derivatives, crude palm oil and moong – for one year. The derivative contracts in chana, and mustard seeds and its derivatives, had already been suspended. This comes amid the retail inflation surging to a three-month-high of 4.91% in November 2021.