All near-month base metal contracts expiring on 31st July 2025 — including Aluminum, Alumini, Nickel, Copper, Lead, Lead Mini, Zinc, Zinc Mini, and Steel Rebar — fall under the compulsory delivery category on MCX.

These contracts enter the staggered delivery tender period starting 3 days before expiry. Therefore, positions must be squared off before 9:00 PM on 28th July 2025 to avoid physical delivery risk.

Important Instructions:

• These contracts are subject to mandatory closure before the tender period begins.

• Any open positions will be squared off by our risk team after 9:00 PM on 28th July 2025.

• Please monitor your positions closely and square them off in time.

• For more details on margins, visit the MCX Margin Calculator.

If you have any queries or require assistance, please contact us here.