Query on Commodity trading w.r.t physical delivery

[Srinivas]

Check out the posts below for more info on commodity delivery.

Commodity delivery related queries

The main delivery centre is for Gold, Gold Mini and Gold Guinea is Ahmedabad. The Gold petal contract is deliverable at Mumbai. The Additional delivery centres for Gold, Gold Mini are Mumbai and Delhi. ( Circular No MCX/198/2005). The Gold which is accepted for delivery is serially numbered. Duty paid gold bars supplied by LBMA approved suppliers are approved by MCX to be submitted along with suppliers certificate. The expiry date of the contract is the 5th. The seller needs to deposit the me…

Questions related to energy commodities

There is no designated delivery center for crude and natural gas. What is the provision to handle physical settlement in these commodities? What is the logic behind contract launch and expiry especially for crude oil and natural gas?