SEBI’s non-agricultural commodity position-limit review and its proposal for phased physical settlement are separate policy tracks. The settlement proposal concerns select agricultural contracts; the evidence available here does not establish that SEBI raised non-agri position limits or specify what its September 2026 circular changed.
What is SEBI reviewing for non-agricultural contracts?
A position limit is a cap on the open positions a participant may hold. The applicable limit depends on the participant category and the governing rules, so the category and calculation basis matter as much as the headline figure.
On December 20, 2025, SEBI Chairman Tuhin Kanta Pandey said: “The Working Group to review the non-agri commodity derivatives segment will be notified shortly.” He described greater institutional participation as a way to improve liquidity and make the market more attractive for hedging, but did not announce a specific increase in limits. SEBI chairman’s address, December 20, 2025
SEBI’s listing records a September 9, 2026 circular titled “Review of Position Limits for Clients and Penalty Provisions for Violation / Breach of Position Limits for Commodity Derivatives Segment.” Its circular number is HO/47/16/13(5)2026-MRD-POD1/I/20735/2026. The listing confirms the circular’s title and date, but not its operative provisions. The title alone cannot establish whether non-agri limits changed, which participant categories are affected, how positions are monitored, what exemptions apply, or when any change takes effect. SEBI circular listing, September 9, 2026
The Tool Desk
Outbyte PC Repair FREERepair Windows errors before they cause bigger problemsFix Now →Outbyte Driver Updater FREEFix the driver behind crashes, sound loss and screen glitchesFind Drivers →#1 Best Overall
- Read Before You Buy — No Video Output: These adapters support charging and USB 2.0 data transfer, but cannot transmit video signals. Except for standard USB webcams (which use USB data only), they are not compatible with HDMI/DisplayPort cables, video-capable USB-C hubs, or docking stations with video output.
- Convert USB-A Ports to USB-C: Designed to connect USB-C earphones, cables, flash drives, card readers, and other USB-C accessories to standard USB-A ports. Plug-and-play with no drivers or software required.
- Aluminum Alloy Housing: Built with a sturdy aluminum alloy shell that aids in heat dissipation and protects against daily wear and scratches. Designed to maintain a stable and secure connection.
- Compact & Travel-Friendly: The ultra-compact design allows the adapter to stay plugged into your device without blocking adjacent ports or adding bulk, reducing wear and tear on your original USB ports.
- 12-Month Warranty: Backed by a 12-month manufacturer warranty for peace of mind. Designed to meet strict quality control standards for reliable everyday performance.
What does phased physical settlement mean?
In a financially settled contract, the obligation is settled in money rather than by delivering the underlying commodity. In physical settlement, delivery of the commodity is part of fulfilling the contract. SEBI’s May 12, 2026 consultation proposed a temporary financial-settlement phase for certain agricultural delivery-based contracts, followed by mandatory physical settlement when a specified trigger is reached. It is not a general settlement change for non-agricultural contracts. SEBI consultation on phased physical settlement, May 12, 2026
How the proposed transition would work
- An exchange could revive an illiquid delivery-based contract or launch a new one for a selected agricultural commodity.
- The contract could begin with financial settlement, while its delivery specifications would be in place from inception.
- Mandatory physical settlement would begin after the specified Average Daily Traded Volume (ADTV) and/or open-interest threshold is crossed, or two years from expiry of the relevant contract period, whichever occurs first.
The consultation presents this as a transitional route intended to help a thin or new contract develop liquidity and participation while retaining physical delivery as the eventual settlement method. Maize, groundnut and chilli are examples of possible pilot commodities, not confirmed selections. SEBI invited views on the proposal, risk safeguards, suitable commodities and alternatives; the consultation’s comment deadline was June 2, 2026. A consultation is not, by itself, an implemented rule. SEBI consultation paper
Rank #2
- 5-in-1 USB-C Hub: Experience comprehensive connectivity featuring a Power Delivery input, two USB-A 2.0 ports, a USB-A 3.0 port, and an HDMI port. (Note: The USB-C power delivery input port is only for connecting an external wall charger to power your laptop and cannot power peripheral devices.)
- 90W Pass-Through Charging: Achieve optimal charging with 90W pass-through power to your laptop, supported by a total input of 100W, with the hub reserving 10W for operational efficiency. (Note: Wall charger not included.)
- Quick Data Transfers: Accelerate your productivity with rapid data transfers using a high-speed 5Gbps USB 3.0 port and two 480Mbps USB 2.0 ports.
- 4K HDMI Display: Enhance your visual experience with a hub capable of delivering 4K resolution at 30Hz in both mirror and extend modes. Please note that this hub is compatible with MacBook (macOS 12 and newer), Windows 10 and 11, ChromeOS, and laptops equipped with DP Alt Mode and Power Delivery. Note: This device is not compatible with Linux.
- What You Get: Anker USB-C Hub (5-in-1, 4K HDMI), welcome guide, 18-month warranty, and our friendly customer service.
How the two policy tracks differ
| Policy track | What it concerns | What is established |
|---|---|---|
| Non-agri position-limit review | Caps on open positions in non-agricultural commodity derivatives | SEBI’s chairman announced a working-group review in December 2025. A September 9, 2026 circular listing confirms a circular title, but the listing alone does not establish the operative limits or effective date. |
| Phased physical-settlement proposal | Settlement design for select agricultural commodity derivatives | A May 2026 consultation proposed a financial-settlement phase followed by physical settlement at specified triggers. The consultation does not confirm which pilot commodities, if any, were selected for implementation. |
| Client-limit and penalty consultation | Proposed client limits for agri derivatives and penalties for position-limit breaches | The paper discusses agri client-limit changes and penalties for breaches across agri and non-agri commodity derivatives; it is not evidence of a proposed increase in non-agri client limits. |
The May 12 client-limit consultation should not be conflated with the agricultural settlement paper or used to infer an increase in non-agri client caps. Its stated scope distinguishes agri client-limit changes from breach penalties that cover both agricultural and non-agricultural derivatives. SEBI consultation on client position limits and penalties, May 12, 2026
What the market figures do—and do not—show
In his December 20, 2025 address, the SEBI chairman said 104 distinct commodities and variants had been notified for trading on recognized stock exchanges, while 34 unique commodities were available for trading: 23 agricultural and 11 non-agricultural. The address also cited ₹580 trillion in annual notional turnover in FY 2024–25 and ₹628 trillion in notional turnover as of October 31, 2025, drawing on SEBI’s Annual Report and November 2025 bulletin. These figures describe market scale; they do not establish a position-limit change or prove that a settlement proposal was implemented. SEBI chairman’s address, December 20, 2025
Do these 3 things before closing this tab:
1Fix the driver behind crashes, sound loss and screen glitches2Repair Windows errors before they cause bigger problems3Scan for outdated or missing drivers - takes under a minuteRank #3
- Sleek 7-in-1 USB-C Hub: Features an HDMI port, two USB-A 3.0 ports, and a USB-C data port, each providing 5Gbps transfer speeds. It also includes a USB-C PD input port for charging up to 100W and dual SD and TF card slots, all in a compact design.
- Flawless 4K@60Hz Video with HDMI: Delivers exceptional clarity and smoothness with its 4K@60Hz HDMI port, making it ideal for high-definition presentations and entertainment. (Note: Only the HDMI port supports video projection; the USB-C port is for data transfer only.)
- Double Up on Efficiency: The two USB-A 3.0 ports and a USB-C port support a fast 5Gbps data rate, significantly boosting your transfer speeds and improving productivity.
- Fast and Reliable 85W Charging: Offers high-capacity, speedy charging for laptops up to 85W, so you spend less time tethered to an outlet and more time being productive.
- What You Get: Anker USB-C Hub (7-in-1), welcome guide, 18-month warranty, and our friendly customer service.
What to verify before relying on a claimed limit change
For a definitive account of any non-agri limit change, the operative circular text—not its listing title—is needed. It should be checked for the limit values, covered participant categories, measurement and monitoring basis, exemptions, and commencement date. SEBI’s commodity-derivatives listings provide a place to locate official notices, but a listing entry should not be treated as a substitute for the circular’s provisions. SEBI commodity-derivatives listings
Quick Recap
Best Value
- 5-in-1 Connectivity: Equipped with a 4K HDMI port, a 5 Gbps USB-C data port, two 5 Gbps USB-A ports, and a USB C 100W PD-IN port. Note: The USB C 100W PD-IN port supports only charging and does not support data transfer devices such as headphones or speakers.
- Powerful Pass-Through Charging: Supports up to 85W pass-through charging so you can power up your laptop while you use the hub. Note: Pass-through charging requires a charger (not included). Note: To achieve full power for iPad, we recommend using a 45W wall charger.
- Transfer Files in Seconds: Move files to and from your laptop at speeds of up to 5 Gbps via the USB-C and USB-A data ports. Note: The USB C 5Gbps Data port does not support video output.
- HD Display: Connect to the HDMI port to stream or mirror content to an external monitor in resolutions of up to 4K@30Hz. Note: The USB-C ports do not support video output.
- What You Get: Anker 332 USB-C Hub (5-in-1), welcome guide, our worry-free 18-month warranty, and friendly customer service.
Rank #4
- Dual Converters, Infinite Potential：Includes 2× USB C male to USB A female adapters and 2× USB A male to USB C female adapters. Perfect for a wide range of uses—tablets with Bluetooth keyboards, expand USB ports on macbook, and more. Two different converters for all your daily needs
- Next-Level 10Gbps & 3A Charging: No more slow 480Mbps, this usb to usb c adapter has a transfer speed of up to 10Gbps, allowing you to do more transferring in less time. This usb adapter fits both USB A and USB C charger, supporting up to 3A fast charging
- Upgraded Exquisite Craftsmanship: With an aluminum alloy housing and metal connector, the usbc to usb adapter is extremely durable and sturdy. Rigorously tested to withstand more than 10,000 times of plugging and unplugging, ensuring long-lasting performance
- Broad Compatible: The usb c to usb adapter widely supports all USB C/ USB A devices like laptops, tablets, cellphones, car chargers, and phone chargers. Such as compatible with MacBook Pro/Air 2023/2022, Thunderbolt 4/3 Devices,Apple MagSafe Watch 9/8/7/SE/Ultra, iPad Pro 2022/2021, Samsung Galaxy S23/S20/S10, and iPhone 17/16/15 Pro. Plug and play
- Please Note: To reach 10Gbps speed, keep the cable under 3.3 ft. For USB A Male to USB C adapters, try flipping the USB C connector. USB C Male to USB A adapters support bidirectional 10Gbps transfer within 3.3 ft
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
