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Terminal market

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. 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.(reference: www.agricoop.nic.in/rabi06/JS(MKTG).ppt)

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