The Year 2006-07 is going to be the year of change in the commodity market with several new products and services slated to hit the market during the year. The year is likely to see the introduction of options trade in commodities, the entry of FIIs and mutual funds and the launch of weather derivatives and other intangibles.
With the begining of Bull run in most of the commodities globally eg Gold, Silver, Zinc, Copper, Crude, etc India will also emerge as a hottest destination for trading of commodities on exchanges with special focus on Agriculture products.
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