The status of integration among various domestic markets of select agricultural commodities in India has been documented. The degree of integration and the speed of price transmission were found to be different across various commodities. Cereals like rice and wheat showed better integration compared to other perishable

commodities. The wholesale and retail markets of rice and wheat were integrated in the long run as well as in the short run. Grams also showed better market integration which may be due to the absence of trade restriction on the domestic trade of grams in India. The domestic apple markets in India were poorly integrated due to weak market infrastructure and institutions as well as lack of competition between domestic suppliers. Markets of other fruits like banana and pineapple also showed poor integration. Among the vegetables, domestic potato markets were poorly integrated in contrast to the better integration among the onion markets. The information flow and the price transmission was found to be effective among the futures and spot markets of some of the agricultural commodities. The spot and futures were integrated

in the case of chickpea, wheat and maize, and that of barley was not integrated. Wheat and maize markets showed better efficiency in price discovery.