Breaking News
Nagaland Post Logo
You are here:  Skip Navigation LinksHome » Show story
FMC enlightens on trading, marketing
Staff Reporter DIMAPUR, April 9(NPN)
Published on 9 Apr. 2010 11:56 PM IST
Print  Text Size

Forwards Markets Commission (FMC) in collaboration with National Commodity & Derivatives Exchange Ltd. (NCDEX) organized a seminar on ‘Commodities Futures Trading’ at Hotel Saramati, Dimapur on Friday.
Nagaland State Agricultural Marketing Board (NSAMB) secretary, C. Mozhui and Central Institute of Horticulture (CIH) Medziphema marketing specialist, Prabin Das were the main speakers at the programme who discussed potentials of agriculture and horticulture in the state.
Mozhui highlighted prospects of agriculture and its products and asserted that Nagaland government was taking up initiatives to set up a wholesale market in the state to promote such produce.
Das discussed areas of focused development of fruit crops, vegetables, spices, flowers and plantation crops according to climatic conditions of the state and also stressed on need for the state to join the mainstream national and international levels of market.
Resource persons National Commodity & Derivatives Exchange Ltd officials, Aleen Mukherjee and Sebabrata Sarkar shared the profile of National Commodity & Derivatives Exchange Ltd and gave presentations on ‘trading in commodity futures exchanges’.
They deliberated various aspects of the agricultural market focusing on India and its regions.
Dealing with drought situations, price risks involving both the farmer and the processor were also discussed with emphasis on using Futures Market as a tool to eliminate price risk.
Regulated by the FMC, National Commodity & Derivatives Exchange Ltd is a professionally managed on-line multi commodity exchange with an objective to provide commodity exchange platform for market participants to trade in a wide spectrum of commodity derivatives.
Headquartered at Mumbai, the exchange offers facilities to its members from its 21 centers located throughout India.
The programme was conducted with a view to create awareness in understanding the concept of commodities futures exchanges among APMCs, farmers and general public.

Comments:(0) Login or Register to post your Comment
(Available for registered users only)
More News
  • 1
  • 2