Information About the Indian Commodity Market
Commodity is the market, where we can trade in both segments MCX and NCDEX. MCX include bullions metal, base metal, energy, crude oil, fiber, spices, pulses and NCDEX include Guarseed, Jeera, Soyabean. MCX and NCDEX are the prime trading area in India for Commodity Trading. It is the market where we can earn big profits by the expert guidance or Free Commodity Tips. It is an evergreen market because its comprise daily used products which comes in Agri products. But Trading in Commodities converges many risks. There are many characters of commodity products which differ from other market.
The commodities have the following characteristics:
1). The price is determined by supply and request in the market, not a cost-of-storage prescribed by the manufacturer
2). Specifications of goods are given standardized, there is no assets under different quality.
3). The goods can be physically delivered to traders.
4). The goods may be a advisable time saved and stored.
5). The perfection is uniform, several manufacturers supply identical goods.
6). Involving major quantities.
There are various parties active in the commodity market.