How does the Indian Gas Exchange plan to structure its contracts
Insight into the contract duration strategy of the Indian Gas Exchange.
1. The Indian Gas Exchange plans to offer different contract durations to cater to the diverse needs of market participants.
2. Short-term contracts are expected to range from a few days to a few months, providing flexibility for traders to capitalize on immediate market opportunities.
3. Mid-term contracts may extend from a few months to a few years, allowing industrial consumers and producers to secure gas supply for their medium-term operations.
4. Long-term contracts could span several years to ensure long-lasting commitments between buyers and sellers, providing stability for infrastructure development and long-term planning.
5. By offering a mix of contract durations, the Indian Gas Exchange aims to enhance market efficiency and attract a wide range of participants across various sectors.
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3 months ago