Future–Spot Relationship in Commodity Market: A Comparison Across Commodity Segments in India

This study aims to analyse the future–spot pricing relationship in the context of most actively traded commodities traded on Multi Commodity Exchange of India, which is the leading commodity exchange in the country today. The study intends to compare the pricing relations of three popular commodity segments, that is, bullion and metal, energy and agricultural segments, to explore whether future–spot pricing relationships are similar for all...