Salem, Erode to host commodity markets seminar

A seminar on Investor Awareness and Education for agribusiness and commodities will be held at Salem on June 15 and at Erode on June 16 to discuss hedging and price risk management in commodity markets.

Representing National Commodity and Derivatives Exchange (NCDEX), Mr M.K. Ananda Kumar, Chief of corporate services and Mr V.V. Ganesan, Vice-President, will speak from a commodity futures exchange perspective and highlight the benefits of commodity futures trading for price risk management and as a vehicle for investment.

Mr G. Chandrashekhar of

Business Line , will speak on ‘commodities as critical driver of India's economic growth and need for hedging price risks'. Senior officials of State Bank of India will speak on the role of banks in commodity markets. They include Mr A.R. Ganesan, AGM, SBI Regional Business Office, Salem, and Mr G. Padmanaban, AGM, SBI Erode.

Organised by Business Line jointly with Forward Markets Commission, the commodity futures market regulator under the Union Ministry of Consumer Affairs and the NCDEX, India's largest agricultural commodity futures exchange, the seminar is part of a series of events intend to create awareness among stakeholders . The seminar will be held from 5 p.m. to 7 p.m. on Friday at Hotel LRN Excellency, Sarada College Road, Salem and on June 16 at Club Mellange, Perundurai Road, Erode.

Participation is by prior registration. For Salem please call 9443457133 and for Erode 9894614147 for registration.