This paper attempts to model the dependence structures of India's and Asian natural rubber futures (derivatives) markets. Though copula-based literature in commodity markets appears to be limited, it can capture non-linearity unlike simple correlation measures, and thus, the former can estimate...

Purpose It has become an ongoing debate whether Indian commodity futures markets can accommodate farmers. The purpose of this paper is to examine whether Indian commodity futures markets help rationalize farmers’ price expectation. The study starts with questions on the efficiency and other...

The Indian commodity futures market is of recent introduction, albeit, it was in existence in a crude form a few centuries ago. After the opening of national level exchanges post 2002, the landscape of this market has witnessed phenomenal growth in terms of products on offer, trade volume,...

Coffee futures market needs to be efficient to benefit the producers. This paper explores whether this market provides the environment of hedging. In addition, we examine informational efficiency in the futures to justify the criteria for adequacy of hedging. The study is significant as India...

Chapter 1: Introduction -- Chapter 2: Development of India’s Commodity Futures Markets -- Chapter 3: Literature on Farmers’ Participation in Futures -- Chapter 4: Futures Market Efficiency in Price Discovery and Dissemination -- Chapter 5: Field Survey, Observation and Farmer Profile --...

Purpose – The purpose of the paper is to study the explainability of expected and unexpected trade volume and open interest as information flow, and the asymmetric effects of unexpected shocks to the information flow on volatility in Indian commodity markets. Design/methodology/approach –...