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Commodities Briefing - Categorized | Futures and Options, Performance more

India commodity futures trade value falls

Posted on 09 April 2013

Indian investments in commodity futures fell for the first time during the just-ended fiscal year, as regulatory curbs and stronger returns from equities drove investors away from commodities. The value of commodity futures trade fell 6% to 170.47 trillion rupees ($3.1 trillion) in the year ended March 31, data from market regulator Forward Markets Commission showed.
This is bad news for foreign investors who have bought stakes in local commodity bourses expecting that India would emerge as a thriving center for the derivatives trade, as the country is a leading consumer and producer of commodities………………………………………..Full Article: Source


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VRS - who has written 34696 posts on Opalesque Commodities Briefing.


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