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Future of Commodity Market in India
Future of Commodity Market in India
Commodity Market
commodity is
anything for which there is demand, but which is supplied without qualitative differentiation across a
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etc.
Agro-Based Commodities: Wheat, Rice, Corn,
Soft Commodities: Coffee, Cocoa, Sugar, etc. Petrochemicals: High Density Polyethylene,
Polypropylene.
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India is among top 5 producers of most of the Commodities, in addition to being a major consumer of bullion and energy products. Agriculture contributes about 16% GDP of Indian economy. It employees around 57% of the labor force on total of 163 million hectors of land Agriculture sector is an important factor in achieving a GDP growth of 810%. All this indicates that India can be promoted as a major centre for trading of commodity derivative. 4/8/12
U O Y K N A H T
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