What is the requirement to have nationalized Exchanges for Commodity?
It is necessary to have a common platform of commodity futures exchange where demand and supply forces can act together in bringing out the best price for any commodity. The main purpose of a future commodity exchange as a marketplace is to enable commodity producers/processors to sell their produce in advance to protect them against possible price fall for their commodities and allow consumers, traders, processors to buy in advance to protect against possible price increase.
