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Introduct|on to Commod|ty
Definition of a "Commodity"

Any producL LhaL can be used for commerce or an arLlcle of commerce whlch ls Lraded on an auLhorlzed
commodlLy exchange ls known as commodlLy 1he arLlcle should be movable of value someLhlng whlch
ls boughL or sold and whlch ls produced or used as Lhe sub[ecL or barLer or sale ln shorL commodlLy
lncludes all klnds of goods lorward ConLracLs (8egulaLlon) AcL (lC8A) 1932 deflnes goods" as every
klnd of movable properLy oLher Lhan acLlonable clalms money and securlLles"



ln currenL slLuaLlon all goods and producLs of agrlculLural (lncludlng planLaLlon) mlneral and fossll orlgln
are allowed for commodlLy Lradlng recognlzed under Lhe lC8A 1he naLlonal commodlLy exchanges
recognlzed by Lhe CenLral CovernmenL permlLs commodlLles whlch lnclude preclous (gold and sllver)
and nonferrous meLals cereals and pulses glnned and unglnned coLLon ollseeds olls and ollcakes
raw [uLe and [uLe goods sugar and gur poLaLoes and onlons coffee and Lea rubber and splces eLc

TITLE:
~Comprehensive study of the Derivative Market
w.r.t
Agricultural Commodities