Commodities combines the best of near real-time spot prices and market intelligence, historical fundamental data and robust forecasts for agricultural crops. This is the ideal database for investors into the commodities markets in India, for banks and non-banking finance companies who finance warehousing and logistics companies in the space of agricultural commodities.
Commodities trading in India involves a bewildering array of commodity varieties that are traded in hundreds of markets. Markets vary from the modern futures exchanges to the traditional local markets in the interiors of India.
CMIE excels in streamlining the data generated from this amazing kaleidoscope and render it in an easily usable manner.
Commodities delivers prices data on 200 varieties of 70 commodities from 150 markets.
CMIE has its own price-polling and market intelligence gathering infrastructure.This is supplemented with price data obtained from official sources and from the commodity exchanges.
Commodities provides time-series data on area, production, yield, value of output of agricultural crops and weekly updates on progress of sowing. This is the most comprehensive source of fundamental data on crops in India.
Besides delivering copious historical data, Commodities also provides forecasts for area, production and yield of crops. These forecasts are generated by researchers at CMIE and are based on quantitative analysis and a close and continuous monitoring of prices, sowing and the weather.