RoDTEP Scrip Rate Today: What the Going Rate Is and What Moves It

The going rate: a little under face, published fresh each day

A duty-credit scrip is worth its full face value against customs duty, so it never trades far below face. In practice a clean scrip changes hands a little under 100% of face, and the exact figure is published each trading day as the Scrip Reference Rate, broken out by scheme and expiry band. There is no fixed rate card that holds all year, and there is no single grey-market number either. There is one benchmark, refreshed daily, that a firm offer is anchored to.

To make it concrete, an example print might read RoDTEP 98.20% and RoSCTL 97.60% of face. Treat those as illustrative figures, not today's rate. The live number is the one that matters, and it is the number your Sell Now offer is built from.

What moves the rate from one day to the next

Four things do most of the work, and none of them is a desk deciding to pay you less:

• Buyer demand. Scrips are worth face against duty to importers. When importers have more duty to cover, appetite for scrips firms up and the rate sits closer to face.
• Supply of new scrips. As scrolls mature at the port and fresh scrips issue, more supply reaches the market. Heavier supply against steady demand nudges the rate down a touch.
• Time to expiry. A scrip is only useful while it can still be applied against duty, so one close to expiry is worth less to a buyer. The SRR bands this, which is why the same scheme can print two different numbers on the same day.
• Scheme. RoDTEP and RoSCTL are separate lines with their own supply and demand, so they can carry different rates on the same day.

The takeaway is that the rate is a market read, not a mood. It moves for reasons you can see, and the offer you get shows those reasons on the same screen.

Why expiry can change your rate more than the market does

For most sellers, the biggest swing is not the day's market at all. It is where the scrip sits on its own expiry clock. A scrip more than ninety days from expiry earns full value; one inside ninety days carries a small adjustment; one under thirty days is sell-now priority. So a scrip you held for a few months can print a lower rate than an identical fresh one, even on the same day, purely because the window to use it has narrowed. A scrip does not improve with age.

How to read today's rate before you sell

You do not need to track a rate feed or ask around. When you open Sell Now on an Issued scrip, ScripX takes the day's SRR for your scheme and expiry band, applies any surge and any size premium, and shows one firm price with those reasons attached. That offer is locked for sixty seconds. So the SRR tells you where the market is; the offer tells you exactly what you will be paid if you accept inside the minute.

Is today a good day to sell?

The honest answer is that timing the market by a fraction of a percent rarely beats the cost of waiting, because expiry quietly erodes the rate while you wait. If a scrip is comfortably clear of the ninety-day band, it is already earning full value, and the surer move is to sell it rather than hold for a hypothetical better print. If you would rather not watch the rate at all, Autopilot sells every future scroll at the SRR or better above a floor you set, whole scrips only, with anything outside your guard-rails held for your tap. See how ScripX works for exporters.

Frequently asked questions

What is the RoDTEP scrip rate today?

There is no single fixed rate. A clean scrip trades a little under its face value, and the exact figure is published each trading day as the Scrip Reference Rate, broken out by scheme and expiry band. Example prints of RoDTEP 98.20% and RoSCTL 97.60% of face are illustrative, not today's rate. Your Sell Now offer is built from the live number.

Why does the scrip rate change day to day?

Mainly four things: importer demand for scrips to cover duty, the supply of newly issued scrips, how close a scrip is to expiry, and which scheme it is (RoDTEP and RoSCTL price on separate lines). The rate is a market read, and the offer shows its reasons on the same screen.

Does an older scrip sell for a lower rate?

Yes. Price falls as expiry nears because a buyer has less time to apply the scrip. Beyond ninety days a scrip earns full value; inside ninety days it carries a small adjustment; under thirty days it is sell-now priority. So an older scrip can print lower than an identical fresh one on the same day.

Is the published rate the price I will be paid?

Not exactly. The SRR is the anchor. The firm number is your Sell Now offer, which takes the day's SRR for your scheme and expiry band, applies any surge and size premium, and locks for sixty seconds. Accept inside the minute and that is what you are paid, settled the same business day.