27.05.2014 - Agri futures market expands
With the expansion of the derivatives market for agricultural commodities,the Forward Markets Commission (FMC) aims to move towards making India a price setter in those products where it has been an influential producer. In precious metals such as gold and silver, futures prices traded on the Multi Commodities Exchange (MCX) are already influencing international markets. And, markets abroad are taking note of movements in agri commodities such as cotton and soybean, since trade in these have been permitted in the evening session, too...............................................Full Article: Source
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