Commodity Future Trading and Cointegration of Turmeric Markets in India

The government has reduced its direct market intervention in order to promote private sector engagement based on forces, Farmers an agriculture-dominated economy like India suffer not only yield risk but also pricing risk. As a result, agricultural products are now more vulnerable risks related and other factors. futures decide the prices of commodity basis demand supply. It is important know about bi-directional unidirectional relationship between different market’s future Spot markets India, price discovery process forecasting Indian commodities. Knowing Integration will help us prevailing various impact one another. farmers statuses markets. study analyses efficiency turmeric traded NCDEX for 2016-2022 cointegration theNizamabad, Erode, Sangli Cuddapah Markets India. In agriculture, derivatives essential managing