A commodity market is a market where trades take place in major rather than manufactured yield. These products include two types of commodity soft commodities & hard commodities. Soft commodities have agricultural products like wheat, coffee, sugar, Zeera, soybean along with various others. Hard commodities include base metals & Precious metals, gold, silver, etc. Unlike stock & share market, goods can be delivered physically in commodity trading as per trader needs & requirements. In India, there are many traders, who are interested in investing in this market according to their custom necessity & requirements; that too within their financial budget.
There are two main exchanges where investors can invest his capital in commodities. One is MCX (Multi Commodity Exchange of India Ltd.) and another one is NCDEX (National Commodity and Derivatives Exchange). MCX is an independent exchange of India, which was established in Mumbai and established in 2003. In 2009, it was announced as the world’s sixth biggest exchange, which were traded with commodity. It offers futures trading in bullion along with energy, ferrous & non-ferrous metals. And different- different agricultural commodities like wheat, potatoes, Mentha oil, palm oil, cardamom, etc. It has taken the third place between the global commodity bourses in terms of the number of future Annexure traded in 2012.
Along with MCX, NCDEX (National Commodity and Derivatives Exchange) is another cardinal online multi commodity exchange in India. It is a national level exchange which manipulation is managed by an unattached board of directors and professional management. Extra, it’s regulated by FMC (Forward Market Commission). NCDEX offers futures trading in 56 agriculture and non-agricultural commodities. It facilitates the distribution of different-different commodities through a network of over 590 authorized warehouses through 8 warehouse service providers with storage efficiency of around 1.7 million tonnes.
Albeit commodity market provides an ideal stage for money investment for investors, but at the same time, you can lose your hard-earned capital if you do it without any reasonable guidance of a prominent commodity advisory firm. Your money would be at a high risk if you don’t invest in commodity market without getting any proper guidance of experienced financial advisors & analysts. For this, you should choose a popular financial advisory, which has been providing Inexpensive, accurate & profitable services in India for many years. Accuracy & ascendancy of commodity tips provided by these institutions must be observed thoroughly by investors so that they could take the plunge that their services are well favorable for them or not. In this time, there are several sources available by which you can check accuracy of data of different-different commodity advisory companies and take your verdict to make an ideal investment.