Integration of sunflower markets in South Karnataka

One of the important indicators of efficient functioning of market is that the markets should be spatially integrated. Market integration for sunflower was studied by employing zero order correlation analysis. The result of the analysis revealed that a very high degree of association was found between Chitradurga and Challkere markets (0.95) and a low degree of association of prices (0.87) was found between Davanagere and Mysore markets. Similar degree of association was found between Challkere and Mysore (0.934) markets and also Challkere and Davanagere (0.89) i.e prices in Challkere market influences the price of both Davanagere and Mysore markets, where as price in Davanagere market influences the price in Mysore and Gouribidhanur markets by 0.887 and 0.888 degree. Thus the competitive conditions prevailing in one market might have influenced the prices in other market in the same direction.