STUDY IN COPPER PRICE LINKAGE BETWEEN INTERNATIONAL AND INDIAN COMMODITY MARKET
Journal Title: International Journal on Recent Trends in Business and Tourism - Year 2017, Vol 1, Issue 3
Abstract
The study is to analysis the price behavior pattern of copper in different markets both national and international. The paper places the co movement of prices of copper in LME, MCX and COMEX to assess the impact of international prices on Indian market and give emphasis on price discovery and volatility spillover. The prices of copper from 1st January 2007 to 31st March 2017 are considered to assess disseminate of information among the various stock exchanges. The discussion mentions the impact of global financial crisis of September 2008 and the role it played behind creating volatility in metal market as well as equity market. The paper is a predominantly conceptual study based on the literature review. The logical consequence behind the volatility created due to global demand and supply and the simultaneous domestic production and consumption of copper has been studied. The paper finds the price discovery across the market and helps the producer and consumer to get price signal due to cross market linkage. The study also examines the impact of cross market linkage of commodity market on Indian equity market. As the investors are involved between the markets, it leads the other market to react and move unidirectionally.
Authors and Affiliations
Manisha Dey
Keywords
Related Articles
- EP ID EP336716
- DOI -
- Views 108
- Downloads 0
ASSISTIVE DEVICES FOR HEARING IMPAIRED HOTELS GUESTS
Aim– People with disabilities, along with their families and friends, travel, shop, do business; engage in activities in the community just like everyone else. Hotels aiming to maximize their market share should think se...
CULTURAL HERITAGE TOURISM - AN ANALYSIS WITH SPECIAL REFERENCE TO WEST BENGAL, INDIA
Cultural Heritage Tourism means any form of tourism that showcases the present and past lifestyle, art, culture and heritage of the people associated with the concerned location (Hawkes & Kwortnik, 2006). Cultural Herita...
Study on Cox's Bazar, Bangladesh as a Prospective Medical Tourism Destination
The choice of a destination is primarily determined by the tourist's motivation to travel; in other words, a destination is chosen to satisfy the particular motivation of a given tourist. Also, majority of people in many...
THE INFLUENCE OF EMPLOYEE TRAINING, UNDERSTANDING OF SAP, AND INFORMATION TECHNOLOGY ON THE IMPLEMENTATION OF THE ACCRUAL BASED ACCOUNTING IN THE GOVERNMENT OF PONTIANAK CITY
The study entitled 'Effect of Employee Training, Understanding of SAP and Information Technology on the implementation of Accrual Based Accounting in the Government of Pontianak City'. This study aims to determine whethe...
Managers' Perspective towards Employees' Generational Differences in Luxor Hotels
Luxor hospitality workplace consists of three generations of employees (Baby Boomers, Generation X, and Generation Y). This study aims at investigating managers' perspectives on issues of employees' generational differen...