Commodity Exchange
1
A PROJECT REPORT ON COMMODITY MARKET
Project Submitted in partial fulfillment of Post Graduate Diploma in Management
Submitted by: PANKAJ KUMAR Roll No. 528 Batch 2007-2009
Under the guidance of: Dr. Shashidharan Kutty - Dy. Director (Banking, Finance & Insurance)
2
S.No.
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
INDEX
Introduction Commodity Commodity Market Structure of Commodity Market Different Types of Commodity Traded Turnover of Indian Commodity Exchange Market Share of Commodity Exchanges in India Different Segments in Commodities Market Leading Commodity Markets of World Regulators Leading Commodity Markets of India Volumes in commodity Derivatives Worldwide Commodity Futures Trading in India Introduction Benefits to Industry From Futures Trading Benefits to Exchange Member Why Commodity Futures? What makes commodity trading attractive? NCDEXs Trading System Gold Introduction What makes Gold special Market characteristics Demand & Supply Indian Gold Jewellery Market MCX contract specifications of gold FAQ on Gold Gold Terminology Conclusion Bibliography
Page No.
4 6 7 8 9 10 10 11 12 13 14 14 15 15 16 16 17 18 20 22 22 22 22 23 24 25 32 35 36 37
3
India Commodity Market
“We are moving from a world in which the big eat the small to one in which the fast eat the slow”. -Klaus Schwab, 2000 (founder of the World Economic Forum)
“A strong and vibrant cash market is a pre-condition for a successful and transparent futures market.”
INTRODUCTION The vast geographical extent of India and her huge population is aptly complemented by the size of her market. The broadest classification of the Indian Market can be made in terms of the commodity market and the bond market. The commodity market in India comprises of all palpable markets that we come across in our daily lives. Such markets are social institutions that facilitate exchange of goods for money. The cost
A PROJECT REPORT ON COMMODITY MARKET
Project Submitted in partial fulfillment of Post Graduate Diploma in Management
Submitted by: PANKAJ KUMAR Roll No. 528 Batch 2007-2009
Under the guidance of: Dr. Shashidharan Kutty - Dy. Director (Banking, Finance & Insurance)
2
S.No.
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
INDEX
Introduction Commodity Commodity Market Structure of Commodity Market Different Types of Commodity Traded Turnover of Indian Commodity Exchange Market Share of Commodity Exchanges in India Different Segments in Commodities Market Leading Commodity Markets of World Regulators Leading Commodity Markets of India Volumes in commodity Derivatives Worldwide Commodity Futures Trading in India Introduction Benefits to Industry From Futures Trading Benefits to Exchange Member Why Commodity Futures? What makes commodity trading attractive? NCDEXs Trading System Gold Introduction What makes Gold special Market characteristics Demand & Supply Indian Gold Jewellery Market MCX contract specifications of gold FAQ on Gold Gold Terminology Conclusion Bibliography
Page No.
4 6 7 8 9 10 10 11 12 13 14 14 15 15 16 16 17 18 20 22 22 22 22 23 24 25 32 35 36 37
3
India Commodity Market
“We are moving from a world in which the big eat the small to one in which the fast eat the slow”. -Klaus Schwab, 2000 (founder of the World Economic Forum)
“A strong and vibrant cash market is a pre-condition for a successful and transparent futures market.”
INTRODUCTION The vast geographical extent of India and her huge population is aptly complemented by the size of her market. The broadest classification of the Indian Market can be made in terms of the commodity market and the bond market. The commodity market in India comprises of all palpable markets that we come across in our daily lives. Such markets are social institutions that facilitate exchange of goods for money. The cost
Bibliography: www.mcxindia.com www.indiamba.com www.commodityindia.com www.business.mapsofindia.com www.bseindia.com www.ncdex.com www.sebi.gov.in, SEBI Bulletin www.indiaexpress.com www.nmce.com www.nbotind.org www.gold.org 38