Sunday, June 10, 2007

Commodity exchanges in india

This indicates something: consumptions lead growth. The US has some 350 million people and still consumes most of what the world produces. The US consumes 10 times more electricity . India with a population of 1100 million people, bleeds due to load shedding. The concept of load shedding is anathema in the US . Nymex : The US equivalent of MCX has a host of commodities being traded including power.

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