Business Daily from THE HINDU group of publications
Saturday, Nov 11, 2006

Cross Currency

Group Sites

Agri-Biz & Commodities - Commodity Markets
States - West Bengal
Excellence centre for commodity markets

Our Bureau

Kolkata , Nov. 10

Indian Chamber of Commerce has decided to establish a centre for excellence for commodity markets.

The centre, which will come up here, will source inputs from MCX India Ltd, the leading commodity bourse. It will also cater to the growing need for training and advisory services insofar as the commodity market is concerned.

Industry organisations such as the Indian Chamber of Commerce can play a critical role in the expansion of commodity markets, said Mr Jignesh Shah, MD & CEO of MCX.

Seeks more participation

The commodity trading scenario, Mr Shah added, is bracing for more participation from corporates and institutional investors. There are signs of significantly higher volumes being generated. Such volumes will increase further if all parties come together.

"There is need to ensure the involvement of all — traders, speculators, volume-makers. Their participation will be important in the days ahead," he said while addressing a meeting on commodity futures.

More Stories on : Commodity Markets | West Bengal

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Paradigm shift in global derivatives market

El Nino may hit monsoon next year
In demand
Work on Godavari, Krishna deltas to cost Rs 5,000 crore
Rubber declines sharply
4 sugar mills issued show-cause notice for excess sales
Agri varsity ties up with Aussie co
Invest in gold through funds on bourses
Silk board teams up with CII to boost sericulture
GM crop row: Processors block herbicide resistant soya
`Canalise vanaspati imports from Nepal through Nafed'
Govt move to protect poultry livestock health
Pepper futures move up
Securities tribunal may cater to commodities market
Excellence centre for commodity markets
Meet on commodity markets in Hyderabad

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line