
Extreme speculation in commodities trade can play havoc with food prices
Economy
Commodity derivatives: Playground for speculators, graveyard for farmers?
In a major push to widen the scope of commodity derivatives market in India, the Securities and Exchange Board of India (SEBI) has recently allowed options trading on commodity exchanges. Kavaljit Singh argues that what’s good for financial investors and commodity speculators is not necessarily good for the already vulnerable Indian farmer and small entrepreneurs….
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