Business & Economics
After a long period of full for almost half a century, commodity futures trading in India saw a phenomenal growth from the beginning of the 21st century is not only aggregate volumes, but also the number and types of commodities that were launched for trading by the new national commodity exchanges in the country. Yet, surprisingly, not all commodities attracted trading interests. To be sure, most commodities, especially those of agricultural origin, failed to take off altogether.
Risk management has now become an integral part of the commodity trade and industry and all the activities encompasses therein, and it helps improve the pricing and competitive efficiency in a globalized environment. Therefore, it has become vital for commodity marketplayers to be well-versed in risk management instruments in different commodities, and in the techniques fr using them in making effective trading and business decisions.
About the Author
Dr. Madhoo Pavaskar is Director, Takshashila Academia of Economic Research. His varied and vast experience spans over 50 years of which 21 years were with Tata Economic Consultancy Services from where he retired as Executive Director, six years as Head of Forward Market Research Cell at Department of Economics, University of Mumbai, and nine years with Forward Markets Commission, Government of India.
He has authored and published 16 books on such diverse sectors as commodity marketing and futures, transport, communications, services, etc. his research articles and papers published in academic journals number over 100. Dr Pavaskar is a recognized authority in India on economics of commodity futures trading. He is currently Consulting Editor of Commodity Vision, a bi-monthly journal published by Takshashila Academia of Economic Research.
Archana Kshirasagr is Senior Manager (Research) at Takshashila Academy of Economic Research (TAER). She has more than 10 years of experience in management and academics. She has a masters in HRD and a postgraduate diploma in management studies from Mumbai University; she has an advance diploma in computer as well. Archana has taught "Human Resource Management and Marketing" and developed and reviewed training material. She has conducted group discussions and interviews for evaluating students and supervised soft skills training and development programmes as per the requirements of an organization. She has worked on compensation and benefits, designed and introduced human resource information systems, and suggested cost-effective measures that reduce operational costs.
Archna has been with TAER from 2006. Since then, she has been undertaking research in commodity and financial economics and has published several articles in Commodity Vision a journal of TAER.
Table of Contents
Overview of the Indian Cotton Market
Risk Management in Cotton
Trading in Futures
Risk Management Strategies
On Call Contracts