Monday, July 30, 2007

FMC Says Commodity Markets Will Stabilise In 3-4 Years

Hyderabad: The Forwards Markets Commission (FMC), the regulator for forwards markets under the Union Ministry of Consumer Affairs and Distribution, foresees stabilisation of commodity markets in the next three-four years. It said expansion of the spectrum and participation of a wide variety of players in different commodities would help achieve equilibrium. It highlighted issues like quality assessment and lack of infrastructure. The Commission will look into all the issues faced by hedgers and facilitating their participation would be its priority.

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