What are the major commodity exchanges in India












A commodity exchange is an exchange where various commodities, derivative products, agricultural products and other raw materials are traded.

Most of the commodity markets across the world trade in commodities such as wheat, barley, sugar, maize, cotton, cocoa, coffee, milk products, pork bellies, oil, metals, etc. Commodities exchanges usually trade futures contracts on commodities.
The commodity exchanges in India includes –
  • National Spot Exchange Limited (NSEL),
  • Indian Commodity Exchange Limited (ICEX),
  • Multi Commodity Exchange (MCX),
  • National Commodity and Derivatives Exchange Limited (NCDEX),
  • National Multi-Commodity Exchange of India Ltd (NMCE),
  • Chamber of Commerce - Hapur (COC),
  • Ace Derivatives & Commodity Exchange Ltd. (ACE),
  • Bhatinda Om & Oil Exchange Ltd. (BOOE)
  • Universal Commodity Exchange (UCX).
Types of commodities traded in the commodity market:
  • Energy- natural gas and crude oil.
  • Agriculture – cereals, pulses, potato, oil and oil seeds, rubber, fibers, sugar, and spices.
  • Metals – Aluminium, Lead, Zinc, Nickel, Copper
  • Bullions – Gold, Silver
If you want to generate good returns on your investment, a more viable option is commodity. There are numerous advisory companies such as Bazaar trading, 100 MCX Tips etc. I would suggest from my successful trading experience Khelo MCX provides accurate commodity tips.

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