COMMODITIES PRICE WATCH ROLE OF INTERNET

Mrs. C. RAJALAKSHMI, Assistant Professor, Ms. S. KALPORNIA, Assistant Professor,

Dept. of Management Studies, Adhiparasakthi Engineering College.

INTRODUCTION

Derivative markets can broadly be classified

as commodity derivative market and financial

derivatives markets. As the name suggest, commodity derivatives

markets

trade

contracts

for

which

the

underlying asset is a commodity. It can be an agricultural commodity like wheat, soybeans,

rapeseed, cotton, etc or precious metals like

gold, silver, etc.

COMMODITY MARKETS
In India, trading in commodity futures has been in existence from the nineteenth

century. The recent policy changes and

upbeat sentiments about the economy, particularly agriculture, have created lot of

interest and euphoria about the commodity

markets. The current mindset of the people in India is that the Commodity exchanges are

speculative (due to non delivery) and are not

meant for actual users. One major reason being that the awareness is lacking amongst actual users.

ONLINE COMMODITY TRADING

Traders have the ability to vastly Increase Wealth Probabilities through the Power of Education which the web trading network of trader websites offers. The commodity futures trading sites will teach how to learn commodities trading in a reasonable time so you may potentially master of successful futures, "online commodity trading"

options and stock trading. Virtual online

commodity

trading

will

tell

about

the

reward and very importantly, also the risk of trading, so nothing is likely to surprise

you in your quest for great trading success.

E-CHOUPAL
E-Choupal delivers real-time information and customized knowledge to improve the farmer's decision-making ability, thereby better aligning farm output to market demands.

E-Choupal enabled economic capacity to

proliferate at the base of the rural economy.

ITC is transforming the way farmers do

business, and the way rural markets work.

Contd
Delivery independent happen of of real-time the information In the the transaction. thus

mandi system, delivery, pricing, and sales simultaneously, binding farmer to an agent. Facilitate collaboration between the many parties required to fulfill the spectrum of farmer needs.

THE SYSTEM
Pricing

Farmer gains

Inspection and grading

Hub logistics

Weighing and payment

CONCLUSION
India is one of the top producers of a large number of commodities, and also has a long history of trading in commodities and related derivatives. The market has made enormous progress in terms of technology, this has transparency happened and only the after trading the activity. Interestingly, Government

protection was removed from a number of commodities, and market forces were allowed to play their role. The management of price risk is going to assume even greater importance in future with the

promotion of free trade and removal of trade barriers in the

world. E-Chou pals deliver relevant technology in the hands of the farmers, which can improve the economic condition of the entire village. E-Choupal is one of the very few projects in India that has effectively number of utilized middlemen and final e-commerce involved consumers. transactions for poverty commodity and alleviation. One of the key lessons is that we can reduce the between The agriculture is producers project vibrant

sustainable, and has a bright future.