Open AccessTrade Performance of Top 2 National Commodity Exchanges: MCX and NCDEX
Publication year - 2019
Publication title -
international journal of recent technology and engineering
Language(s) - English
Resource type - Journals
ISSN - 2277-3878
DOI - 10.35940/ijrte.c1069.1083s219
Subject(s) - futures contract , hedge , commodity , contango , boom , commodity pool , business , investment (military) , commerce , economics , commodity market , commodity swap , production (economics) , international economics , monetary economics , international trade , market economy , financial economics , finance , politics , microeconomics , market liquidity , ecology , passive management , environmental engineering , fund of funds , engineering , law , political science , biology
The commodity futures trading is supported to all sectors of the economy, particularly farmers and consumers. Commodity producers optionally store some production for the future and go for futures contracts to hedge the uncertainty of the futures commodity price. Apart from that Indian commodity market requires major investment and commercial activities in the National and regional markets. But the demand and supply, Indian verses other currencies, export and import parity and current scenario news are the main factors are affecting the commodity trading. This study is focused the second boom period from 2011 to 2018 and identify the trade performances of number 1 and number 2 national commodity exchanges in India.