As the name suggests, Commodity trading is a type of trading that is done by exchanging commodities. There are many types of trading and forms of the stock market, but commodity trading is still widely popular. In India, you can invest in various trade commodities.
The commodity trading exchanges include Multi Commodity Exchange (MCX), Universal Commodity Exchange (UCX), Ace Derivatives Exchange (ACE), National Multi Commodity Exchange (NMCE), and the National Commodity and Derivatives Exchange (NCDEX). Trading in the exchanges as mentioned above requires standard agreements. It contains the instructions for traders. The commodities are categorized into four types, and they are listed as follows:
- Metals – The metals include aluminium, brass, copper, lead, nickel, zinc, aluminium mini, lead mini, zinc mini, etc.
- Energy – The energy contains natural gas, crude oil, etc.
- Agriculture – The agricultural products include pepper, cotton, Mentha oil, rubber, cardamom, castor seeds, black pepper, etc.
- Livestock and Meat – The livestock and meat include pork, bacon, eggs, cattle, beef, lamb, etc.
You can invest in commodity trading using a future contact. A futures contract is an agreement stating the quantity and price of a commodity that an investor is interested in buying or selling at a later time. You can find future contracts in every commodity category. It avoids the risk related to the price swing of the goods.
Commodity trading is highly beneficial for investors. You can earn high leveraged investments and can be easily converted into liquid assets. If you do commodity trading carefully and with detailed information, it can earn you good profits. The best part is that commodity trading is an affordable investment and requires an affordable minimum deposit to open an account.
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