M C X : Developing Indian Commodity Ecosystem. Joseph Massey Deputy Managing Director M C X. Why nations need commodities markets. Commodities are generic Prices are determined on global basis international trade Information effect Inter-substitutability – Food for energy
Deputy Managing Director
Market Share of Global Bullion Exchanges (2006) Contracts Traded (2006)
Market Share of Global Energy Exchanges 2006 Contracts Traded (2006)
Correlation of COMDEX with: CRB Index 33.71%
Rogers com Index 83.24%
DJAIG com Index 48.70%
GSCI spot Index 69.24%
Increase the Holding Capacity
Grading & Standardization
National Level Price Discovery in Perishable & Non-Perishable Commodities, Market Infrastructure and National Reach.
Villagers in Dhamangaon benefiting from MCX futures commodity prices
Shri S P Tayde – Village Postmaster Dhamangaon writing MCX rates on Board
An e-Ticker in Indore, Madhya Pradesh
First Commodity Suchna Kendra at APMC, Vashi being inaugurated by Shri Sharad Pawar
MCX hits record Contracts Traded (2006)
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