Business Daily from THE HINDU group of publications Thursday, Dec 18, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Agri-Biz & Commodities
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Commodity Markets ‘Risk management not fully geared up’ Mumbai, Dec. 17 Commodity risk management operations are not fully geared to protect margins and lacks focused and structured hedging program within companies, according to a survey “Commodity price risk management survey 2008” conducted by Ernst & Young. The survey covering 45 companies including SMEs and large oil and metal firms pointed out that the finer aspects of hedging such as basis risk and timing risk, which can significantly affect hedge cash flows are often ign ored. — Our Bureau More Stories on : Commodity Markets
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