InvestorQ : How old are the commodity markets in India?
priya Shah made post

How old are the commodity markets in India?

Answer
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NISHA Nayak answered.
2 years ago


While commodity markets in general and commodity derivatives market in particular have existed in India for over 100 years, the official exchange traded mechanism for commodities began as late as 2003. There have been issues of liquidity and issues of multiple regulatory jurisdictions but at least there is a platform for forming a view and trading on commodities. There are some very important functions that commodity markets can perform in the Indian context…