INTB 2200 Lecture Notes - Lecture 7: Madras Stock Exchange, Foreign Exchange Market, Grain
29 Apr 2013
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These commodities are like foodgrains and oilseeds: long period markets: time span available is long to adjust supply to meet demand even by managing production. These markets can be for machinery and manufactured goods: on the basis of nature of commodities (type of goods transacted), commodity markets, produce exchange- commodities are produced and not manufactured. Generally one market in one commodity. e. g. cotton exchange mumbai. Manufactured goods markets: these are markets of manufacture and semi manufactured goods. Precious stones: these are highly specialized and well organized markets of world for e. g. bullion market of mumbai. Money markets: broad term include a number of agencies providing a finance to business. These are at large trading centers like mumbai, london foreign exchange market: it is international market and largely concerned with export and import trade of countries. Produce is handled in large quantity: terminal markets: here produce is either finally disposed off to the consumers or processors or assembled for export.
