NCDEX, MCX and NMCE are three Major Commodities Market of India.NCDEX full form is National Commodity and Derivatives Exchange.MCX full form is Multi Commodity Exchange and NMCE full form is National Multi Commodity Exchange currently merged with Indian Commodity Exchange Ltd (ICEX).
MCX Commodities market occupies largest market share in Trading Volume among the three Commodities market trading.MCX is the leading commodity exchange is Indian Commodity exchanges with 91.6% of commodity futures traded in the Financial Year 2019.
MCX made strategic alliances with Leading International Exchanges like London Metal Exchange (LME), CME Group of US Commodity market, Taiwan Futures Exchange (TAIFEX) and Dalian Commodity Exchange (DCE) of China for integration with global commodities Ecosystem.
MCX is the one the leading exchanges on Gold, Silver and Crude oil trading in terms of volume in the commodity futures Exchange.MCX is the Exchange for Trading in Gold, Silver commonly called as Bullion, Copper, Lead, Nickel, Zinc and Aluminium commonly called as Base Metals, Crude Oil and Natural gas commonly called as Energy Commodities are highly traded commodities in the Indian Commodity futures exchange.
In terms of total number of contracts traded, MCX has become the world’s largest commodity futures exchange in gold and Silver
2 nd largest in natural gas, and
3 in crude oil.
The top four commodities (gold, silver, copper and crude oil) form 85 percent of MCX’s total trading business.
NCDEX is the leading exchange in Agricultural Commodities arena. Agricultural commodities such as Barley,Chana,Castor Seed, Mustard Seed,Wheat,Guar Seed, Guar Gum,Turmeric,Soyabean and Refined Soy oil.NCDEX is Boosting Agri Ecosystem of the Country. It Occupies 82% market share of Agri commodities Trading Volume.
NCDEX CHANA MARKET
NCDEX Chana has been started on NCDEX Online Electronic mode which starts from April 2004 onwards.
NCDEX as a Good Price Risk management tool for Hedgers, Arbitrager can get profit using Calendar spread Strategies and Speculator may get benefit due to high volatile nad large volume traded in the Chana Market.So,It s collectively good commodity for trading for all the market participants.
NCDEX Kapas
NCDEX Kapas
Kapas (cottonseed extraction/meal) is a cottonseed industry's by product. Cottonseed extraction of the cotton plant, which is primarily grown for its fibre. Although cotton has been grown for its fibre for several thousand years, the use of cottonseed on a commercial scale is of relatively recent origin.
Major Trading centres in India
Akola, Parbhani, Nagpur, Yeotmal are the major trading centres where cottonseed from the cotton procured by the Maharashtra State Cooperative Cotton Growers Marketing Federation is auctioned off.
Markets Influencing Factors to Kapas Live Price
- Variations in cotton production and its influence on cottonseed, meal and oil production in the country.
- The arrival of cottonseed for crushing from the ginning centres of the country.
- Comparative price with other oilseeds, oil and meal in the domestic market.
- The demand from the cattle-feed industry, which is the major consumer of cottonseed meal.
National Multi Commodity Exchange is the oldest Commodity Exchange in our Country which was currently merged with Youngest Commodity Exchange Indian Commodity Exchange Ltd (ICEX).
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