Hi
As a person who has never traded in Agri commodities ,I would like to ask that :
Do agri commodity price in india move in tandem with international dollar price
or both these price are not correlated because of government regulation of prices in india ( or any other reason).
In other words , can one trade wheat on mcx/ncdex by studying its international dollar price charts.
I am ok with usd-inr currency risk involved.
Regards,
As a person who has never traded in Agri commodities ,I would like to ask that :
Do agri commodity price in india move in tandem with international dollar price
or both these price are not correlated because of government regulation of prices in india ( or any other reason).
In other words , can one trade wheat on mcx/ncdex by studying its international dollar price charts.
I am ok with usd-inr currency risk involved.
Regards,
