National Collateral Management Services Limited (NCML) is the country's leading organization providing a bouquet of services to manage risks across various stages of commodity and inventory holding under a single umbrella. Since its incorporation in 2004, NCML has in a short span of eight years become the largest private sector player in agricultural warehousing, collateral management and weather intelligence services. Its testing and certification arm, CommGrade, along with its supply chain and market intelligence divisions, have acquired a nation- wide reputation of reliability and quality. The company currently manages 3.5 million MT of agricultural commodities across its warehousing and collateral management segments with asset under management valued at over Rs. 70 billion.
NCML's shareholders are reputed and leading international and national banks/organizations, viz. IFFCO, Rabo Equity, IFC, Karur Vysya Bank, HAFED, NCDEX, Punjab National Bank, Corporation Bank, Bank of India, Canara Bank, HDFC Bank, ACE Geneva, Indian Bank and YES Bank.
National Commodity & Derivatives Exchange Limited (NCDEX) is a professionally managed on-line multi commodity exchange. It is the country's largest Agricultural Commodity Exchange and one of the leading agricultural exchanges in the world. Established on April 23, 2003, NCDEX commenced operations on December 15, 2003. The Exchange facilitates trading in an array of over 45 commodity contracts, both agricultural and non-agricultural. With over 830 members, trading is conducted in more than 35,000 terminals across 700 centers in India. It also facilitates delivery of commodities through a network of over 775 delivery centers with a holding capacity of around 1.3 million tonnes.
The shareholders of NCDEX include several large national level institutions and public sector banks. This unique parentage enables it to offer a bouquet of benefits and services. The shareholders bring with them expertise in areas of agriculture, banking with focus on rural finance, commodity and stock markets, physical markets, investment banking and institution building.
National Commodity & Derivatives Exchange Limited (NCDEX) has been closely associated with the publication of the Book. NCDEX is a professionally managed on-line multi commodity exchange, the country's largest agricultural commodity exchange and one of the leading agricultural exchanges in the world. The Exchange facilitates trading in an array of over 45 commodity contracts, both agricultural and non-agricultural.
NCDEX has played a pioneering role in the online commodity markets in the country, implementing the concept of electronic delivery of commodities, demat system of holding stocks, setting price benchmarks in spot markets, amongst others. With over 830 members, trading is conducted in more than 35,000 terminals across 700 centers in India. It also facilitates delivery of commodities through a network of over 775 delivery centers with a holding capacity of around 1.3 million tonnes.
The shareholders of NCDEX include several large national level institutions and public sector banks. NCDEX has been at the forefront of increasing participation in the commodity markets, conducting numerous awareness programs across the country, in addition to disseminating the prices of commodities to the farmer community, enhancing their opportunities for better realization of their produce and bringing prosperity and economic freedom.
The India Commodity Year Book 2013 is a landmark initiative of NCML and is the country's benchmark reference volume in the commodity sector. This fourth volume has special focus on agriculture. The articles cover various aspects of agricultural investment, market reform, warehousing and warehouse receipt finance as well as agro industry and trade dynamics. The authors are an excellent mix of policy makers, market practitioners, academicians and experts. The Commodity Review and Statistical Appendix have been put together by NCML's expert in house research team. These sections, along with the authoritative Papers, make this unique publication the country's most comprehensive reference Book in the commodity space.
The Book would be useful to all commodity participants, especially those connected to the agriculture sector, as well as to the general reader interested in gaining insights into the vast commodity space. The Book has special interest and relevance to policy makers, agricultural researchers and students, economic analysts, commodity and finance professionals, commodity processors, manufacturers, importers and exporters, logistics providers, risk managers and all those engaged along the entire value chain.