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Guidebook for Farmer Producer Organisations (FPOs) to participate in Commodity Derivatives Market INDEX 1 introduction = 2) Why do prices fluctuate so much?. 2 51 What is commodity derivative ané where erage \ ‘ 4) Type of commodity deri 6 51 How FFs can use commodity Futures {a Tok inthe pie of tee produce? ——— 10 61 contrat speciation. ” 71 Mack to Market (2M) eaeulaton. \. 1 Or audi deaies atk 41 Regulation of commodity derivatives marke 2 10] Farmers ebseston ad ring — 11) Dos and DONTs ss Cen ol poston at ohare pected recta ete) one Sembee eee Seo ial cconatenumeragseanicetiioe Sl ere re ee ee Ne a Tren cer ag eee ERI col corer aki tone mong, Figur FPO arin bee pon th dng of elite mae ‘telat Fhe prodne scaler hen etpered par eaog soe See (oe pedi ek ee Ki rye Weel an ie ela deter Seeease exis tue eof be Figure Agicommosiy vor ce a) aA Caw re ‘a ‘alin Kecntiow one Ccommininn Asam ihe Miler Soper getingpmer ea Foi —— —— eo ‘oe oe ‘agen sete rae >the yin whi once? cea an mgr ire crs rm Schiele i eae eee eee center dte ceteme enter stad SE ct i tn + Coma destes canbe edt ek he pola ent pe nen Se ig oar pod toad ey Sonate st enna rer ew ine iSoteey ihn he ce ionnctante Sxuimeresse™ Thewalr pre corey deine or=D yr far rw cera mapa “ale Major commodities ted on doen xchange ‘Semele [ote EO eRe (oS acing acy Compe Soe omraes tere Teele con see Pensa a aa a eee eee aerate eed ‘ewe deans he een pelea eel ree eee eee ‘The tip and scr ae ued an te cmmodiyahe Une d ve tu comma cn Be one ata oe ste Ras wa lige that he Dad aay ‘Nina Bate oe arresar 1h oon show pre SSE ae copitee fm ble at yp we a pn i ar + Quy of he cme uo ome fiob cect ngfaetie aeepenyrantenige cri Se coe re eerie eet ee ee Se eee SSS ce oar tlhe Exe eceraeciciietaajemncurenercnass Efecpes Gace icant aetna [poh Sean Opin Contac Sa pons gene re {i ag tw wd oon ce Sunset yo eS omen Cy ot Si cg do the op lucy comm ff he be ‘oma Opis m0 pins mete a he Tome hn Re Hy ce il be bot eee hr al 8 RAD be uit ams wea cy se Uae nc he Uae Ope ie ‘iris H00 toned teas snp mead eRe Te ‘ig em "pn pea on ae The ama of pe depos pone an inns poy Igy wr Opin cnc eran pis Whe bea DUT Opi i ‘eh elig pe mets aa pape Nene cet hare has “penciled pane ‘ez nm ieee Opis mae anc Cn tna Optic la wh yr ol asco Stn ccs es odes tee out eee Dpana ur ihe tebe ‘eSports en seem lpm an es el in ‘png Ops te cee Au isred steams rns ore ed “table 2 Diternceetcen Fue ad Option cr iu eh ahi = ae eae fea en =e == ee eo ue vm toi Regu vce nal manga payments Regul arancepemlu payment "Tere duly MOM seement xed ih end a hd oid rl Compu selemens om AIR Ee ‘slg inc a cms eg Ta i om hon epee ne et pacino, cas raw emer seals hem to he el he pe Evel ed ang mee eer soe face Cn ning ng sae uch hp pe ont Gene ‘ol Gc by ee as toc cng ben at wpe oa pre ad, Screenname noe tom te Roa wee oes a he ‘Seber sen oi no are “Tames can by ot Option wich eels ge the the ight si commadiy| SRE pnts ta ec, Spon sic get apoed to ucbeed bse nn 1 ee dcmey sd rs da mami te to sn meine tmnt eae > Figure Pst hanest en Irehatane ther pe ok — “SLM g/l By Sling es need Mont he FPO a ep ae ap sedge SP eee NCDEX Sn asi ipa i Sera igs otek areata me a nected Tel nal nah Ma de Ps Re 3 er gual e380 =, pe pinnacle ie rls Bie psn =e S07 Re Se ‘een cr pts, Sn pe 3 pet nr ie Rp “Teeclcs om nl mmc the Mack wrt owe Re 30 per unel Ge 48042 = 9 Icio kd toe se ag or 1S que Pee pn Re Re ‘Gonuact Value = 38 MT a 300 Ql at Ra 20/¢ ‘Mae = Rett ‘ne 3 Cato heelng teeter TES ee {Re 40/ cron) oe are = Dor 7) = {end ween ex curse tht pte ete Ell dows uy bv pods There ae ee ‘iconlover Ope nding acon wa member he ech + poi er oom ng “maine mes mt mange a + ge eng nt Somes soap prs + sta aan et og scp lca eS + pe ee ron youcan ure the price bp + ree Miia opcssn oie dept ae ne: tetsu ae wt, eae fSrasen ee ey he NO me ees a pat ua : ntteson ‘Creasey Behange pened Poet cle epi j= o@=@ “Satie Neo 1 1 f 1 fl f i f f i i i 1 i gue 7: Sedemet of wey dey on exchange plats 1 rr Paces | FPO > (Detnen tnentin) =p ( “memes > deat | ecm ie) | i H Hl 1 1 H f i H 1 i H fl Hl Hl 1 cL Se [teers ‘Ne Al Fes cont ne ae aloes Siac he eee eee Ens af lea eke a sew sey ere whee wy gue I: Commie parton by FPOs 26 dat) TuSEEE SEM [3H PC om meng ws te See acre Boul In SEB sm ey rc tht ey an tap cr gi wi nnd [iter Saerorue wet SE bared amber a sr pon ‘ayn Say of Fen, inf Ind emi te MEXeman ebay comme cng * = gre 1: egy sue of comma dente mae < ayo Pane > < omnes > Fyn Cm we Tone om TF BD wee ee > me) > er in ne on mee a Ey nm pg +See om fi chap gpa man i a SP ches a se ee iio cg nei a en of ie otc cages ened pie prt io pont me He “eed rms nr dtl ea ang a te al eee pice FS ond ange ‘Moe ii pst hs commas Ops pe ame nt ‘ecatar @Chans @Ciced @Dhanbx @Mioe (OHM Seed @Sytean Oe W)eee * Aloe i tof soy i gh ck ing Su nel whi oh nen Pd 1) ld an See fence ie ih pel peo ‘aces nen ‘ot appoah te eul with compa? 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