Can commodity markets trading in India(MCX/ NCDEX) be stopped for any reasons, other than a holiday?

Yesit’s possible. Let’s us understand the same with respect to the differentmarket segments. Multi Commodity Exchange (MCX) and National Commodity & DerivativesExchange Limited (NCDEX) are the online trading platform fortrading in commodities segment in India. Commodities segment basically dividedinto two categories, which are Agri Commodities & Non-Agri Commodities. Haltof trading in any particular commodity is based on the Daily Price Limit (DPL) whichis stipulated by the exchange to prevent any unusual movement. DPL is exchangedecided percentage in which price of aparticular commodity may increase ordecrease in any single trading day from its previous day's settlement price. It differsfrom commodity to commodity and below mentioned table represents the DPLfor different Agri Commodities:-

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Let us try to understand the above data with example of Barley which ishaving daily base price limit of (+/-) 2%. Once the 2% limit is reached oneither side, then after a cooling off period of 15 minutes this limit shall beincreased further by 2%. Traders can trade during the 15 minutes cooling off periodwithin the 2% limit. After the daily price limit is increased by further 2%, itwill reach to the maximum DPL of 4% and traders shall be permitted throughoutthe day to trade within the maximum DPL of 4%.

Nowwe will move to the Non-Agri Commodities and below mentioned table representsthe daily price limit for different Non-Agri Commodities:- 

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At present Gold is having base price limit of 3%(please refer above table). If the base DPL is breached, the relaxation will beallowed by 3% i.e. upto 6% without any cooling off period. If the DPL of 6% isalso reached, then after a cooling off period of 15 minutes, the DPL will be furtherincreased by 3% i.e. upto 9%. Currently the Maximum DPL is 9% and in case pricemovement in international markets is more than the maximum DPL, the same may befurther executed in steps of 3% beyond the maximum permitted limit after theapproval from theRegulator.