Terminal market

A terminal market is a central site, often in a metropolitan area, that serves as an assembly and trading place for commodities. Terminal markets for agricultural commodities are usually at or near major transportation hubs.[1] One of the models of Terminal Market is Hub-and-Spoke model wherein Terminal Market is the hub which is to be linked to number of collection centres -the spokes.(reference: www.agricoop.nic.in/rabi06/JS(MKTG).ppt)


The term is also used for markets in other commodities such as metals and bullion.[2]

List of terminal markets (fresh produce)

References

  1.  This article incorporates public domain material from the Congressional Research Service document "Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition" by Jasper Womach.
  2. "HMRC Notice 701/9 (March 2002) Derivatives and terminal markets". March 2002.
  3. "Alemany Farmers' Market - Real Estate Division". Retrieved 25 December 2016.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.