Suspending the future
When the prices of something, in this case guargum futures on the NCDEX, go up 120% in a month, 700% over the last four months, 875% over 12 months and 1,300% in the last 18 months, it’s time to sit up and figure out what’s going on. More so when the increased prices are accompanied by sharply falling trading volumes and open interest levels, suggesting there was something more than just normal market forces at play.
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