The commodity market is one of the most popular and profitable markets in all over the world. The commodity has very long and old history in India. As compared to other countries, commodity trading is started before in India. The commodity trading is one of the most popular tradings; here you have lots of choice for investment. There are six-nation commodity exchanges you can select for capital investment, (MCX) Multi Commodity Exchange, (NCDEX) National Commodity and Derivatives Exchange, (NMCE) National Multi-Commodity Exchange and (ICEX) Indian Commodity Exchange, (ACE) the ACE Derivatives exchange and the (UCX) Universal commodity exchange. The Securities and Exchange Board of India (SEBI) sees all kinds of activity of exchanges and companies.
There are two major exchanges in India (MCX) Multi Commodity Exchange and (NCDEX) National Commodity and Derivatives Exchange, MCX includes all types of precious metals (Gold, Silver) and NCDEX includes all types of Base Metals (Aluminum, Copper, Lead, Nickel, Tin, and Zinc). The Commodity market is an important ingredient of the financial markets of India. MCX is the six largest exchanges in all over the world. The government has now allowed commodity traders, as similar to the NSE & BSE Traders. If you see the history of the commodity trading is very old, but in the past 20 years, the commodities futures market in India has experienced an unexpected boom in terms of modern exchanges. The commodity trading was crossed $ 1 trillion marks in 2006, and now he is in increasing order.
The coffee is the oldest traded commodity in the world if we see global commodity market and domestic commodity market, Crude Oil is commonly traded commodity in both places. If compare the world commodities and domestic commodities so, you can see the world commodity market has more products. The most traded commodities in the India’s Gold, Silver, Crude Oil, Copper and also includes more than 56 Agriculture products.