Time Series Analysis of Spot and Future Commodity Market in India During Covid – 19

D. Kalaiarasi, A. Rohini, N. Venkatesa Palanichamy, K. M. Shivakumar, R. Pangayar Selvi and K. Chandra Sekhar

Asian Journal of Agricultural Extension, Economics & Sociology, 2023, vol. 41, issue 9, 6

Abstract: Derivatives are innovative financial instruments in the 21st century to help the market participants in mitigating the risk. Commodity derivatives are not new to the world, but reentered with new face into the fray. In India, derivatives are introduced at first on index and followed by securities and commodities phase wise for the betterment of the markets and the price discovery. The present study explores the association and trend between the Spot and Futures Commodity Derivatives Market in India before and during the Covid – 19 pandemic. The study uses descriptive, trend analysis and correlation analysis. The analysis done by using the MCX four major agriculture and non-agriculture commodities such as Cotton, Mentha oil, Crude oil and Natural gas spot as well as future price. Indian commodity futures market can be used as hedging tool with financial instruments for diversifying the risk during crisis period.

Keywords: Financial; Economics (search for similar items in EconPapers)
Date: 2023
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/367665/files/K ... 2023AJAEES104884.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:ajaees:367665

Access Statistics for this article

More articles in Asian Journal of Agricultural Extension, Economics & Sociology from Asian Journal of Agricultural Extension, Economics & Sociology
Bibliographic data for series maintained by AgEcon Search ().