Buy custom Role Of Warehouse In Future Market
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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1163 |
Essay's paper body
He supervises all aspects of the underlying assets and sanctions the warehouse receipt, which can be used as collateral security.
Warehouse receipt helps to avail credit financing. Many banks are providing loan facility against warehouse receipts, which is very helpful for farmers and traders, who can use that money for giving inputs for the crop and for sowing...
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Traders and processors can use that amount in to the business.
A trader who does not own storage place can utilize the warehouse having enough space and facilities. In some of the cases especially in cardamom, a specified storage facility is necessary.
Warehouses in commodity futures work as:
- Independent third party
- Providing sufficient storage places
- Assuring quality and quantity
- Acceptable geographical location
- Preservation and certification
In India, two government-controlled warehouses ' the central and state warehouses -- provide agri-produce storage facility across the country...
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