A Study of the Price Differences Between the Lean Season and the Arrival Season of a Commodity
Futures benefit to the farmers
A Study of the price differences between the lean season and the arrival season of a commodity
A Summer Project Report
Submitted By
Harish Ramesh
Summer Trainee, NCDEX Ltd.
1
CERTIFICATE
This is to certify that the project report titled “Study of the price differences between the lean season and the arrival season of a commodity and the seasonality of the commodity to understand the impact of futures trading on the commodity” done by Harish Ramesh for “National Commodity and Derivatives
Exchange Limited”, Mumbai is genuine and an original piece of work. This has been carried out as a summer internship project from April 02, 2012 to June 02, 2012 under our supervision and guidance for the partial fulfillment of the Masters Programme in Business Administration at the Bombay Stock
Exchange Institute Limited (BIL), Mumbai.
Place: Mumbai
Date: 01/06/2012
Dhruv Keshan
Deputy Manager, NCDEX Ltd, Mumbai
2
ACKNOWLEDGEMENTS
I take this opportunity to thank all the people who have given me their help and support during the course of this project which has helped complete the project. I would like to thank Mr. J.
Sampath (Chief Compliance Officer, NCDEX Ltd., Mumbai) for providing me an opportunity to work on this project. I also take this opportunity to express my gratitude towards Mr. Avinash
Mohan (Vice president, Market Intelligence, NCDEX Ltd., Mumbai) whose encouragement helped me to achieve the desired results during different phases of the project.
I am also extremely thankful to Mr. Dhruv keshan (Deputy Manager, Market Intelligence, NCDEX
Ltd, Mumbai) for guiding me at all stages of the project and whose insight into the project helped me achieve the desired result at the end of the project.
Harish Ramesh
MBA FM (2011-13)
Bombay Stock Exchange Institute Limited
3
CONTENTS
Certificate……………………………………………………………………………………………………………………2
Acknowledgement………………………………………………………………………………………………………3
A Study of the price differences between the lean season and the arrival season of a commodity
A Summer Project Report
Submitted By
Harish Ramesh
Summer Trainee, NCDEX Ltd.
1
CERTIFICATE
This is to certify that the project report titled “Study of the price differences between the lean season and the arrival season of a commodity and the seasonality of the commodity to understand the impact of futures trading on the commodity” done by Harish Ramesh for “National Commodity and Derivatives
Exchange Limited”, Mumbai is genuine and an original piece of work. This has been carried out as a summer internship project from April 02, 2012 to June 02, 2012 under our supervision and guidance for the partial fulfillment of the Masters Programme in Business Administration at the Bombay Stock
Exchange Institute Limited (BIL), Mumbai.
Place: Mumbai
Date: 01/06/2012
Dhruv Keshan
Deputy Manager, NCDEX Ltd, Mumbai
2
ACKNOWLEDGEMENTS
I take this opportunity to thank all the people who have given me their help and support during the course of this project which has helped complete the project. I would like to thank Mr. J.
Sampath (Chief Compliance Officer, NCDEX Ltd., Mumbai) for providing me an opportunity to work on this project. I also take this opportunity to express my gratitude towards Mr. Avinash
Mohan (Vice president, Market Intelligence, NCDEX Ltd., Mumbai) whose encouragement helped me to achieve the desired results during different phases of the project.
I am also extremely thankful to Mr. Dhruv keshan (Deputy Manager, Market Intelligence, NCDEX
Ltd, Mumbai) for guiding me at all stages of the project and whose insight into the project helped me achieve the desired result at the end of the project.
Harish Ramesh
MBA FM (2011-13)
Bombay Stock Exchange Institute Limited
3
CONTENTS
Certificate……………………………………………………………………………………………………………………2
Acknowledgement………………………………………………………………………………………………………3