Coimbatore to host commodity seminar

Mumbai : 

A stakeholder awareness and education seminar to discuss agribusiness and commodity market price risk management will be held at 4.30 pm on Wednesday at University Auditorium (Convocation Hall), Tamil Nadu Agricultural University (TNAU), Coimbatore.

The seminar is part of an ongoing series of events organised by The Hindu Business Line jointly with Forward Markets Commission (FMC), the commodity futures market regulator under the Union Ministry of Consumer Affairs; and National Commodity and Derivatives Exchange (NCDEX), the country’s largest agri-futures market exchange.

Ganga Murthy, Principal Advisor to the Government of India, Ministry of Consumer Affairs, will be the chief guest. K. Ramasamy, Vice-Chancellor, TNAU, will be guest-of-honour along with M. Mathisekaran, Member-FMC, and Lakshmi Narayanan, Director, T. Stanes & Co. Ltd. Arun Anant, CEO, Kasturi & Sons Ltd, will deliver the welcome address.

Presentations include ‘Commodities as critical driver of India’s economic growth” by G. Chandrashekhar, The Hindu Business Line and “Benefits of commodity futures trading and price risk management” by V.V. Ganesan, NCDEX. Mathisekaran will bring the regulator’s perspective. Representative of T. Stanes & Co will speak on role of inputs in agriculture.

Commodity producers, processors, importers, exporters, local traders and related others who have exposure to the physical market and face the risk of price volatility will benefit by participating in the seminar.

A question and answer session will follow the presentations. To register, please contact: S. Prabhakar on 9894288511.

source: http://www.thehindubusinesline.com / The Hindu Business Line / The Hindu Bureau /  Mumbai,  April 02nd, 2013