04.06.2013 - Commodity hedging lower in India, more awareness needed
Even 10 years after futures trading was reintroduced in agri commodities, hedging activities are yet to attract momentum. After 40-odd years of suspension, the ministry of consumer affairs reintroduced futures trading in agri commodities in November 2002, which saw the emergence of three national level derivatives exchanges Multi Commodity Exchange, National Commodity and Derivatives Exchange and National Multi Commodity Exchange. In addition to that, 21 regional commodity exchanges also offered futures trading in agri commodities, albeit meagrely...............................................Full Article: Source
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