An expert committee has been constituted by the union government, comprising of 11 members for the purpose of examining the various issues related to rubber futures trading and to make suitable recommendations. Prof K K Abraham of Pala marketing cooperative society will hold the chairmanship position of the expert committee.
The primary focus of the expert committee will be, to examine the restrictions on the daily volatility from 4% to 1% or 2% and to study the transparency in the conduct of futures trading. Further, the quantity, quality, tenure and the details of the traders will also be analyzed. All the stakeholders will be informed by the committee to convey their views in this regard. The period of holding the committee would be extended to 6 months from the fixed 3 months.