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What is the role of mcx, ncdex and commodity tips in commodity market?

Author: Epic Ram
by Epic Ram
Posted: Jun 14, 2016

MCX(Multi Commodity Exchange) is commodity exchange of India. What exchange exactly does is it provides a platform where trading can be done. As we know that in share market while trading traders do not meet face to face they perform trading using commodity tips and their strategies on a platform provided to them. They meet online on a platform provided to them by exchange. All the traders buyer or seller looks for the relevant deals they are looking for or else they can quote their deal and if anyone is interested they can contact them and get the trading done between them with one party as seller and the other being the buyer. This is what meant by mcx that is exchange of commodity market. Often traders are confused that do they have only virtual shares to trade in stock market. But no share market has more then this for traders.

Commodity market can be alternative to stocks and shares which stock market offers to traders. It is different market but yes follows some what same guidelines of trading. Like you must have a D'MAT ( Demineralization Account), KYC (Know Your Customers) norms and other SEBI(Security Exchange Board Of Indian ) guidelines must be satisfied. In this market we have various different segment in which we can trade. Some of them are precious metals like gold, silver, aluminum, zinc. Agricultural commodities like wheat, rice, cardamom, jeera etc and oils and natural gases like crude oil all theses along with more are components of this. Another exchange which regulates this market is NCDEX( National Commodity & Derivative Exchange Ltd) and is India's largest commodity exchange.

Traders who trade in share market and also manufactures who use these commodities as a raw materials to their products are the key players of this market. As often prices of particular commodity rises all of a sudden based on demand and supply nature which a manufacturer may not be able to afford and also if cost of production rises then people are less interested in its product. Therefore to ensure their future sustainability in the market they book commodities for a future date whose price is fixed at the present date only. To know on which price they should book they must ask some market experts. There are firms who provides commodity tips on the basis oh deep market analysis and research work. Even they provide free commodity tips on mobile as well.

It is very essential to know when it is the good time to trade and on which commodity to trade. Market fluctuates too frequently, therefore to sustain and minimize loss it is must if you keep good track record of market and always ask market experts when and on which commodity to trade. You can also use their precious suggestions on commodity trading tips as these tips will ensure your profitability always. In commodity market as per trader requirement different contracts can be framed which is really a positive point of this market. Also financial firms are ready to design contracts for traders as per their need. There are ample number of opportunities in this market all you need to do is explore and learn about it as much as you can and try using services available to you. You can earn good profit and also ensure your future prices if you are a manufacturer.

About the Author

Epic Research never let you down in stock market, they make huge efforts for traders to earn massive profit by using their analyzed trading tips.

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Author: Epic Ram

Epic Ram

Member since: Mar 30, 2016
Published articles: 3

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