Sebi mulls launching new commodity market products

Market regulator Securities and Exchange Board of India (SEBI) is considering launching new products in the commodity markets this year.

Sources have told CNBC-TV18 that the regulator could give the go-ahead for the launch of more futures and options contracts as well as newer indexes and more commodity contracts.

SEBI, which last year became the commodity market regulator after the government merged erstwhile regulator FMC with it, also wants to take a number of steps to make the market more investor-friendly.

Among the steps that it is considering are those that will boost the information flow mechanism. It may also phase out illiquid contracts.