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A '''terminal market''' is a central site, often in a [[metropolitan area]], that serves as an assembly
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 [[agriculture|agricultural]] commodities are usually at or near major [[transportation hub]]s.<ref>{{CRS|article = Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition|url = http://ncseonline.org/nle/crsreports/05jun/97-905.pdf|author= Jasper Womach}}</ref> 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.<ref>{{cite web |url= http://agricoop.nic.in/sites/default/files/OpGdTM.pdf |title= Operational Guidelines for Setting Up of Terminal Market Complex |format= pdf |date= July 2009 |publisher= Ministry of Agriculture, Government of India }}</ref>
and trading place for [[commodities]]. Terminal markets for [[agriculture|agricultural]] commodities are usually at or near major [[transportation hub]]s.<ref>{{CRS|article = Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition|url = http://ncseonline.org/nle/crsreports/05jun/97-905.pdf|author= Jasper Womach}}</ref> One of the models of a Terminal Market is a Hub-and-Spoke model wherein the Terminal Market is the hub which is to be linked to a number of collection centers - the spokes.<ref>{{cite web |url= http://agricoop.nic.in/sites/default/files/OpGdTM.pdf |title= Operational Guidelines for Setting Up of Terminal Market Complex |format= pdf |date= July 2009 |publisher= Ministry of Agriculture, Government of India }}</ref>


The term is also used for markets in other commodities such as [[metal]]s and [[bullion]].<ref>{{cite web|url=http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageVAT_ShowContent&propertyType=document&id=HMCE_CL_000198#P201_23753 |title=HMRC Notice 701/9 (March 2002) Derivatives and terminal markets|date=March 2002}}</ref>
The term is also used for markets in other commodities such as [[metal]]s and [[bullion]].<ref>{{cite web |url= http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageVAT_ShowContent&propertyType=document&id=HMCE_CL_000198#P201_23753 |title= HMRC Notice 701/9 Derivatives and terminal markets |date= March 2002}}</ref>


== List of terminal markets (fresh produce) ==
== List of terminal markets (fresh produce) ==

Revision as of 22:57, 28 November 2020

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 a Terminal Market is a Hub-and-Spoke model wherein the Terminal Market is the hub which is to be linked to a number of collection centers - the spokes.[2]

The term is also used for markets in other commodities such as metals and bullion.[3]

List of terminal markets (fresh produce)

References

  1. ^ Public Domain This article incorporates public domain material from Jasper Womach. Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition (PDF). Congressional Research Service.
  2. ^ "Operational Guidelines for Setting Up of Terminal Market Complex" (pdf). Ministry of Agriculture, Government of India. July 2009.
  3. ^ "HMRC Notice 701/9 Derivatives and terminal markets". March 2002.
  4. ^ "Alemany Farmers' Market - Real Estate Division". Retrieved 25 December 2016.