1: "Commodity Futures Markets in India: Riding the Growth Phase" by Dr. Alok Kumar Mishr2
Introduction to CommodityMarkets
A commodity futures market is a public marketwhere commodities are contracted forpurchase or sale at an agreed price fordelivery on a specified date.
This purchase / sale is made through a brokerwho is a member of the commodity exchangeand such transactions are always in the formof standardized contracts
Commodities include agricultural products,energy products, base metals, preciousmetals, industrial metals, bullion and biofuels.