• FPI regulatory framework: SEBI's consultation paper proposes allowing foreign portfolio investors to participate in non-agri commodities and indices without entering physical delivery periods, preserving deliverable price discovery.
• MCX operational readiness: MCX recorded 1,300 lakh crore in full-year FY26 turnover and stated that its technology, operational, and warehouse infrastructure are fully prepared to support further growth.
• Market participant expansion: Mutual funds and wealth managers are increasingly adding commodities to multi-asset portfolios for inflation hedging, while MCX has created smaller trading units relative to delivery units to facilitate SME participation.
• Warehouse GST resolution: MCX has rationalized its warehouse network to mitigate taxation challenges and is consulting tax experts to resolve impractical rules requiring all warehouse participants to register at the physical warehouse address.