Indian Commodity Market

(Derivatives and Risk Management)

Velmurugan. PS P. Palanichamy V. Shunmugam

Pondicherry University Puducherry, India

SERIALS PUBLICATIONS
NEW DELHI (INDIA)

CONTENTS
Acknowledgements List of Contributors Editors Note on the Book xi xiii xix

PART-I 1. An Empirical Analysis of Price Discovery in Gold Futures and Spot Market: Evidence from Multi Commodity Exchange of India Limited V. Jayagurunathan, Velmurugan PS, P. Palanichamy 2. Commodity Markets: Road Map to 2020 V. Shunmugam, T.G. Senthilvelan 3. Commodity Futures and Indian Farmers: Myth or Reality Vishwa Ballabh, Prantik Ray, Vasudha Singhania 4. Present Status of Commodity Derivative . Market in India: Regulation and Policy Issues K. Sambasivam, A. Abdulraheem, P. Muthiyan 5. A Study on Performance of Commodity Investment during Recession K. Rajalakshmi, T. Ramachandra 6. Performance of Commodit Futures in India: The Way Ahead
T. Srikanth, R. Alagu Rani

33 50

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Indian Commodity Market: Derivatives end Risk Management 103

7. Financial Performance of National Commodity Exchange Companies (NMCE, MCX and NCDEX) in India: A Profitability and Efficiency Focus M. Dhanabhakyam, P. Kamalnath 8. A Study on Gold Futures in India: A Critical Review Sairam A, Mohammed Farooq Pasha 9. Commodities Market in India, Policies, Issues, Growth, Importance and the Commodities Market update for the year 2009 Balaji K. 10. Forecasting Commodity Futures'Price: Study on Selecting a Suitable Model Dhanya. K.A, V.K. Janardhanan 11. Price Discovery in the Multi Commodity Exchange of India: Evidence from Mini Gold Futures and Spot Market K. Devaradhen, K. Srinivasan, Malabika Deo 12. An Analysis of Volatility of Agricultural Prices: A Case Study of Maize A.K. Vasisht & S.P. Bhardwaj 13. Indian Commodity Market Derivatives and Risk Management , Suchetana Maitra, V. Narayanan 14. Price Discovery in Commodity Markets: A Case Study of Gram S.P. Bhardwaj & A.K.Vasisht 15. Price Discovery and Convergence in Future and Spot Commodity Markets in India: A Confirmatory Study Kushankur Dey

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Contents 16. Macroeconomics of Agricultural Price Policy for India: An Empirical Study Surath Nayak 17. Effect of Futures Trading on Commodity Prices: The Transfer of Past Information Sangeeta Chakravarty, Nilabja Ghosh 18. Observation and Feedback from Agri Commodity Futures Awareness Program conducted in Madhya Pradesh Ganesh Kawadia, Shreesh Trimbak Kutumbale 19. The Emergence of Commodities as an Investment Class (A Study of Pondicherry) Velmurugan PS, Veni. T, Shyama. T.V 20. Commodity Futures Market in India: An Econometric Analysis Phanindra Goyari and Pratap Kumar Jena 21. Efficiency of the Indian Commodity Futures Market Ranajit Chakrabarty, Asima Sarkar PART-II 22. Impact of Government Interventions on Growth and Development of Agricultural Commodity Futures P. Ashok Kumar, Velmurugan PS 23. Indian Commodity Market: Need for Customer Awareness & Education Smitha Biradar 24. Commodity Futures in India: Analysis of Convenience Yields in Select Commodities Sreejata Banerjee

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Indian Commodity Market: Derivatives and Risk Management 427

25. Scope and Prospects of Commodity Futures of Basmati Rice: With Special Reference to Spot Market in Amritsar (Punjab) Narinderpal Singh 26. An Analysis of the Risk-Return Relationships of Indian Commodity Futures T. Mallikarjunappa 27. Commodity Market: A Necessity for the Indian Economy R. Shalini 28. Effect of Spot Market on Commodity Future Market and Awareness of Commodity Futures Market among Traders in Bangalore City: An Empirical Study R. Shanmugham, A. Mahalakshmi 29. Impact of Futures Trading on Commodity Prices (With Specific Reference to Essential Agricultural Commodities) S. Mahalakshmi 30. An Empirical Study of Spot and Future Prices of Indian Commodity Market Anurag Agnihotri 31. Indian Commodity Market: Need for Awareness and Education P.S Raghu Kumari 32. Emerging Commodities Market in the 21st Century P. Natarajan, U. Thiripura^undari, S. Siva 33. Commodity Futures Trading and Agricultural Sector in India: A Critical Review Sumalatha B.S 34. Commodity Market: A Necessity for the Indian Economy A.N. Tamragundi, Surekha Yendigeri, Srikant Ragikallapur

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Contents 35. Arbitrage Opportunity in Rubber Futures Tomy Mathew, Minimol Xavier 36. Is the Pepper Commodity Market Efficient? Dinkar Pawan, Mayank Nagpal 37. Commodity as an Investment Class T. Muthukumaran, A. Senthamil Raja P. Palanichamy 38. "Agricultural Futures and Spot Market: Opportunities and Challenges" R. Karuppasamy, M. Meena 39. The Role of Gold Futures on Underlying Spot Market- Reference to NCDEX Gold Future G. Saravanan, Malabika deo 40. Globalisation and Indian Commodity Markets: A Business Strategy Approach A.Somalingam 41. Storage Cost, Convenience Yield and Commodity Markets: A Literature Review Mayank Patel 42. Food Security and Indian Commodity Markets V. Babu 43. Inter-relation Between Commodity Futures and Spot Markets Venkatesh, J, Venkatanarayanan.K, Lakshminarayan. C. 44. Price Discovery through Futures Trading: A Critical Study of Rubber Futures and Spot Market Prices. M.A Joseph & Sajan

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