Cobweb Theorem: Signals from Indian Commodity Markets, with Specific Reference to Pulses

Authors

  • Sunder Ram Korivi
  • Rachappa Shette

DOI:

https://doi.org/10.33516/rb.v43i1.87-96p

Keywords:

Commodity Market, Pulses, India.

Abstract

Pulse prices began to hit the headlines from May through September 2016 on account of the inflationary tendencies. An understanding of the Cobweb Model provides a better understanding of the reasons for the friction between supply and demand. The slew of measures taken by the policy-makers in the first good monsoon, after two monsoondeficient years, have resulted in a turnaround in the pulse prices in India as seen between November 2016 and February 2017. This paves the way for a smoother interaction between the commodity spot and the commodity derivatives markets. The Cobweb Model is equally useful to producers, consumers, policy-makers and traders.

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Published

2017-04-01

How to Cite

Korivi, S. R., & Shette, R. (2017). Cobweb Theorem: Signals from Indian Commodity Markets, with Specific Reference to Pulses. Research Bulletin, 43(1), 87–96. https://doi.org/10.33516/rb.v43i1.87-96p

Issue

Volume 43, Issue 1, April 2017

Section

Articles
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Scopus
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Europe PMC

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