Top exporters could also establish domestic commodities exchanges, allowing farmers to obtain a better price by selling their most popular local rice grades directly on the market, rather than through a middleman.
ISLAMABAD -- A regional rice index and commodities exchange could help calm world rice price fluctuations and ensure farmers get a fair price for their rice, according to a working paper by the Asian Development Bank (ADB).
Top exporters, such as India, Thailand, and Viet Nam, could also establish domestic commodities exchanges, allowing farmers to obtain a better price by selling their most popular local rice grades directly on the market, rather than through a middleman.
In the medium-term, ASEAN could also develop an investment plan that would help build needed infrastructure, establish a subregional commodities exchange in the Greater Mekong Subregion, provide market information and intelligence, and offer programs to develop farming skills.
These consolidation moves have reduced the number of commodities exchanges in Japan from seven as of April to four.
The Kansai Commodities Exchange and Fukuoka Futures Exchange signed an agreement Friday to merge.
Lippman dismissed the claims brought against New York State, New York City and the four commodities exchanges
that will occupy the building by two community associations and four individuals.
Despite strong community opposition, the Land Use Committee of The New York City Council voted 12 to 2 last week to approve two modified designs for the commodities exchange
project in Lower Manhattan.
1 million-square-foot Commodities Exchange
building planned for Tribeca.
In addition to the Commodities Exchange
project, the attorneys are currently involved on Manhattan's West Side with the Capital Cities/ABC project rising due North of Dan Brodsky's residential building and due East of the Riverside South plan.