29.05.2009 - Comexes cannot bank on agri-products to grow
From Commodityonline.com: India is a pre-dominantly agriculture country and one of the reasons for re-introducing commodity futures in the country was to enable the farming community to hedge their risk in the spot market. However, fact remains that much of the agricultural stake holders are not using the hedging platform provided by the commodity exchanges as evident from the performance of the two agri-commodity oriented exchanges, The National Commodity and Derivatives Exchange (NCDEX) and National Multi-Commodity Exchange (NMCE).......Full Article: Source
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