Sunday 13 August 2017

Important Information about Commodity Market

It is not every ones cup of tea to make money in commodities market by trading on an intra-day basis. It is possible that the commodity going up trend will start showing down trend and you will never know about what has happened. Thus intra-day trader should be familiar with the latest news strangling around the commodity market so that he/she can take quick as well as witty judgement while trading.

Commodities have two segments – MCX (Multi Commodity Exchange) and NCDEX (National Commodity and Derivatives Exchange Ltd.). These are traded in big amount and their prices as well as quality levels are universally exercisable. MCX includes Crude Oil, Silver, Gold and copper metals like Aluminum Ingot, Electrolytic Cathode etc. NCDEX includes agriculture produce like Cashew, Crude Palm Oil, Cotton Oil Cake, Coffee etc.

It is mandatory to get registered in any of the commodity exchanges for commodity trading. Out of 25 commodity exchanges in India, 3 are national level exchanges and rest are regional level exchanges. The national level exchanges are MCX, NCDEX, NMCEIL and these are fully online and automated exchanges.

Most of the traders access the public platform because they get in touch with other traders for trading advices and also they retrieve knowledge about commodities that can make benefits. Our suggestion is to follow tips or advices from learning and proficient technical analysts of ABans Group as you need to have a reliable source that you are confident of.


Founded in 2005, ABans Group has grown from being a trading house to a dynamic and diversified business group. We provide expertise in Broking Services, Merchant Banking, Non-Banking Financial Dealings, Jewellery manufacturing and Realty and Infrastructure. It is a comprehensive Financial Services and Solution Provider,which aims to provide an end-to-end financial solution to its clients.

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