Download or read book Performance Evaluation of Agricultural Commodity Futures Market in India written by G R. Sayee Prasanna and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The agricultural commodity futures market in India is constantly evolving due to favorable government policies and continuous reforms since 2002. An important function of the futures market is to aid in efficient price discovery. However, heightened volatility, induced by speculation has arguably distorted prices. This study aims at examining the gaps in the functioning of agricultural commodity futures market by using Johansen's Cointegration, Granger Causality and Johansen's Vector Error Correction Model (VECM). The results indicate oscillating leadership in price discovery between futures and spot markets depending upon the nature of the commodity, time to maturity of the contracts and liquidity in the market. The findings of the paper underscore the need for active intervention by the regulators.

Download or read book Performance Of Commodity Derivatives Market In India An Analytical Study written by Dr. Shaik masood and published by Archers & Elevators Publishing House. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Performance Evaluation of Some Agricultural Futures Markets written by Chang-I. Lin and published by . This book was released on 1982 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Agricultural Commodity Futures Market written by Gouri Prava Samal and published by New India Publishing Agency. This book was released on 2021-10-11 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: Instability of commodity prices has always been a major concern of the farmers, processors, merchandisers as well as the consumers in an agriculture-dominated economy. Farmers’ direct exposure to price fluctuations makes it too risky for them to invest in other wise profitable activities. There are various ways to cope with this problem. The agriculture commodity market is one of them. It serves a risk-shifting function and can be used to lock-in prices in advance instead of relying on uncertain price developments in future. Apart from being a vehicle for risk transfer among hedgers and from hedgers to speculators, these markets also play a major role in price discovery. The primary objective of this book is to impart the basic knowledge of derivatives market, types of derivative markets, agriculture futures market, regulator of commodity market, commodity exchanges, price discovery in commodity market and awareness among various stakeholders of commodity market.

Download or read book Managing Price Risks in India s Liberalized Agriculture written by and published by Allied Publishers. This book was released on 1998-12 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Role of Commodity Futures on Indian Agricultural Commodity Market written by Velmurugan Palaniappan Shanmugam and published by . This book was released on 2017 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: Against the well-established fact that the usefulness and suitability of futures trading in developing the underlying agricultural commodity market, especially in an agriculture-based country like India are been questioned by various bodies. Through this work, it has been analyzing the role of futures trading on agricultural commodities. The effect of futures trading may be of two kinds, that is by way of hedging the price risk and the other way is through price discovery. The data collected for the analysis are the daily price history of spot and futures of five major agricultural commodities (Castor Seed, Chana, Chilli, Jeera, and Wheat) for a period of 7 years started from 2007 to 2014. Here it is revalidated the relationship between price movements of agricultural commodity futures and underlying spot prices by applying econometric analysis tools like Unit Root Test, and Engel-Granger test of Cointegration. The empirical findings proved that an existence of interrelationship between futures price movement and respective underlying spot prices in Indian agricultural commodity market.

Download or read book Farm Commodity Market Performance and Economic Forecasts written by United States. Congress. Joint Economic Committee and published by . This book was released on 1984 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Options Futures and Agricultural Commodity Programs written by and published by . This book was released on 1988 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Performance Evaluation of Major Agricultural Commodities Trading Under Unified Market Platform An Economic Analysis at APMC Raichur written by B. A. Apeksha and published by . This book was released on 2019 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Impact of Futures Trading on Agricultural Commodity Market in India written by Mohammad Irshad VK and published by . This book was released on 2017 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: On agricultural commodity futures, there is always been a doubt, expressed by different bodies and experts on the usefulness and suitability of futures contract in developing in the underlying agricultural commodity market, especially in an agricultural based economy like India. Here an attempt is made to revalidate the impact of futures trading on the agricultural commodity market. The daily price information in spot and futures market for a period of seven years ranging from 2007 to 2014 for five major agricultural commodities are estimated using VAR (Vector Auto Regression) and GARCH (1,1) to test the dynamic interrelationship among the variables. The empirical findings significantly show that comparative advantage of the futures market in disseminating information, leading to a significant price discovery and risk management, that can help to successfully develop the underlying commodity market in India.

Download or read book Spot and Futures Markets of Agricultural Commodities in India written by B. S. Sumalatha and published by . This book was released on 2011 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Indian Commodity Market written by and published by Serials Publications. This book was released on 2010 with total page 806 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papers presented at the Workshop cum Seminar on "Indian Commodity Market Derivatives & Risk Management : the Road Ahead", held at Puducherry during 11-12 September 2009.

Download or read book India s Agricultural Commodity Futures Market Ecosystem written by Velmurugan Palaniappan Shanmugam and published by . This book was released on 2017 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: As it is the responsibili ...

Download or read book A Study on the Performance of Indian Commodity Futures Markets written by Gopal Naik and published by . This book was released on 2003 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Relative Efficiency and Volatility of Indian Agricultural Commodity Futures Markets written by Velmurugan Palaniappan Shanmugam and published by . This book was released on 2017 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Efficiency of Futures Market in India written by VDMV. Lakshmi and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The study aims at examining the efficiency of futures market with a sample of 11 commodities traded on National Commodity and Derivatives Exchange Limited (NCDEX). Augmented Dickey-Fuller (ADF) and Phillips-Perron (PP) tests are applied for testing stationarity and order of integration of both spot and futures market. Zivot-Andrews test of unit root is also applied to ensure reliable results in the event of structural break. Stationarity in spot and futures series at level is observed in case of three commodities, viz., barely, jeera and soybean, and non-stationary at level and stationarity in return series is observed in the case of the remaining eight commodities. To test the cointegrating relationship between both the markets, Johansen test of cointegration is used and finally to observe the direction of causality, Granger causality test is applied. There is evidence of cointegrating relationship indicating the presence of long-run relationship between spot and futures market in eight agricultural commodities. There is also evidence of futures Granger causing spot in the case of six commodities, i.e., barley, castor seed, cotton seed oilcake, gur, mustard seed and refined soya oil. However, there is evidence of bidirectional relationship in the case of remaining five commodities; coriander, jeera, soybean, sugar M grade and wheat. As a whole, it is observed that agricultural commodity futures market is efficient in India.

Download or read book Effects of Futures Markets on Agricultural Commodities written by Madhoo G. Pavaskar and published by . This book was released on 2009 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the wake of trade liberalization since the mid 1990s in India, commodity exchanges have been allowed to operate after a long ban of around three and half decades. In the new millennium, national level exchanges have been launched for futures trading, and they have witnessed initial successes in terms of volume and turnover. But, what has been the impact of futures trading on agricultural production and prices? Have futures markets been successful in playing their critical roles of price risk management and price discovery? Can futures markets help the various stakeholders in the agricultural value chain to hedge against the impending risks that will be posed with further agricultural trade liberalization, as India moves further towards WTO regime? Proper research to answer these critical questions has been lacking so far in the Indian context. Resultantly the literature on these aspects of futures trading has, so far, been conspicuous by its absence. The volume titled, Effects of FUTURES MARKETS on Agricultural Commodities , edited by eminent economist Dr. Madhoo Pavaskar, seeks to answer these critical questions, and attempts to bridge the gap existing in the literature. The volume is published by Takshashila Academia of Economic Research (TAER), an independent, non-partisan academic group for undertaking economic, environmental, and social research, set up by Financial Technologies (India) Limited (FTIL). The volume entails a collection of speeches and select papers presented at the seminar on Agro-Commodity Futures in India: Impact on Production and Prices, organized by erstwhile MCX Academia of Economic Research (now TAER). The contributors are leading economists, regulators, policy makers and stakeholders associated with futures markets. In its attempt to informing policy makers, stimulating research thinking, as well as to creating a general awareness of the various economic issues related to the agricultural futures markets, this book is the first of its type. It will be of interest to economists, scholars, academicians, regulators, policy makers, and various market functionaries alike.