Indian agricultural commodity derivatives market – In conversation with S Sivakumar, Divisional Chief Executive, Agri Business Division, ITC Ltd.
Though the agricultural sector contributes significantly to the Indian economy, it faces several bottlenecks, one of those being the antiquated laws governing agricultural marketing and price discovery, leading to low price realization by Indian farmers. In India, six national level exchanges offer...
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| Format: | Article |
| Language: | English |
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Elsevier
2015-06-01
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| Series: | IIMB Management Review |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S0970389615000154 |
| _version_ | 1818898261882175488 |
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| author | Prabina Rajib |
| author_facet | Prabina Rajib |
| author_sort | Prabina Rajib |
| collection | DOAJ |
| description | Though the agricultural sector contributes significantly to the Indian economy, it faces several bottlenecks, one of those being the antiquated laws governing agricultural marketing and price discovery, leading to low price realization by Indian farmers. In India, six national level exchanges offer commodity derivatives contracts on commodities, with some having electronic spot exchanges to facilitate spot trading of commodities. However, farmers' participation in these exchanges has been poor. ITC-ABD, one of the largest aggregators and exporters of Indian agri-commodities, has started using these exchange platforms to hedge price risk. With experience of over three decades in the agricultural sector, Mr. S. Sivakumar has a deep understanding of the commodity markets and the needs of Indian farmers. This interview aims to get an insight into his views on increasing farmers' participation in commodity derivatives trading and more importantly, to understand ITC-ABD's commodity hedging strategy. |
| first_indexed | 2024-12-19T19:29:16Z |
| format | Article |
| id | doaj.art-ac6b6a69cac64dd68ff92dfd00090511 |
| institution | Directory Open Access Journal |
| issn | 0970-3896 |
| language | English |
| last_indexed | 2024-12-19T19:29:16Z |
| publishDate | 2015-06-01 |
| publisher | Elsevier |
| record_format | Article |
| series | IIMB Management Review |
| spelling | doaj.art-ac6b6a69cac64dd68ff92dfd000905112022-12-21T20:08:39ZengElsevierIIMB Management Review0970-38962015-06-0127211812810.1016/j.iimb.2015.02.002Indian agricultural commodity derivatives market – In conversation with S Sivakumar, Divisional Chief Executive, Agri Business Division, ITC Ltd.Prabina RajibThough the agricultural sector contributes significantly to the Indian economy, it faces several bottlenecks, one of those being the antiquated laws governing agricultural marketing and price discovery, leading to low price realization by Indian farmers. In India, six national level exchanges offer commodity derivatives contracts on commodities, with some having electronic spot exchanges to facilitate spot trading of commodities. However, farmers' participation in these exchanges has been poor. ITC-ABD, one of the largest aggregators and exporters of Indian agri-commodities, has started using these exchange platforms to hedge price risk. With experience of over three decades in the agricultural sector, Mr. S. Sivakumar has a deep understanding of the commodity markets and the needs of Indian farmers. This interview aims to get an insight into his views on increasing farmers' participation in commodity derivatives trading and more importantly, to understand ITC-ABD's commodity hedging strategy.http://www.sciencedirect.com/science/article/pii/S0970389615000154Indian agricultureAPMCsCommodity derivativesHedging strategySoyabean |
| spellingShingle | Prabina Rajib Indian agricultural commodity derivatives market – In conversation with S Sivakumar, Divisional Chief Executive, Agri Business Division, ITC Ltd. IIMB Management Review Indian agriculture APMCs Commodity derivatives Hedging strategy Soyabean |
| title | Indian agricultural commodity derivatives market – In conversation with S Sivakumar, Divisional Chief Executive, Agri Business Division, ITC Ltd. |
| title_full | Indian agricultural commodity derivatives market – In conversation with S Sivakumar, Divisional Chief Executive, Agri Business Division, ITC Ltd. |
| title_fullStr | Indian agricultural commodity derivatives market – In conversation with S Sivakumar, Divisional Chief Executive, Agri Business Division, ITC Ltd. |
| title_full_unstemmed | Indian agricultural commodity derivatives market – In conversation with S Sivakumar, Divisional Chief Executive, Agri Business Division, ITC Ltd. |
| title_short | Indian agricultural commodity derivatives market – In conversation with S Sivakumar, Divisional Chief Executive, Agri Business Division, ITC Ltd. |
| title_sort | indian agricultural commodity derivatives market in conversation with s sivakumar divisional chief executive agri business division itc ltd |
| topic | Indian agriculture APMCs Commodity derivatives Hedging strategy Soyabean |
| url | http://www.sciencedirect.com/science/article/pii/S0970389615000154 |
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