Commodity Exchanges

Commodity exchanges are platforms where commodities such as gold, silver, crude oil, agricultural products, and other raw materials are traded. Here's a brief history and summary of commodity exchanges popular in Kerala, as well as the top companies in the industry:

History of Commodity Exchanges in Kerala:
The history of commodity exchanges in Kerala can be traced back to the establishment of the Cochin Chamber of Commerce and Industry in 1857. However, formal commodity trading started in Kerala only in the early 2000s, with the establishment of the National Multi-Commodity Exchange (NMCE) and Multi Commodity Exchange (MCX) in the country.

Summary of Commodity Exchanges in Kerala:

Top Commodity Exchanges in Kerala:
a) National Multi-Commodity Exchange (NMCE)
b) Multi Commodity Exchange (MCX)

Types of Commodities Traded:
a) Agricultural Commodities: Rice, Wheat, Pulses, Spices, etc.
b) Non-Agricultural Commodities: Precious Metals, Base Metals, Crude Oil, Natural Gas, etc.

Benefits of Commodity Trading:
a) Diversification: Commodity trading allows investors to diversify their portfolio and minimize risk.
b) Hedge Against Inflation: Commodity prices often rise during inflationary periods, making them a hedge against inflation.
c) Speculation: Commodity trading allows traders to speculate on price movements and make profits from market fluctuations.

Top Companies in the Commodity Exchange Industry:
a) National Multi-Commodity Exchange (NMCE)
b) Multi Commodity Exchange (MCX)
c) National Commodity and Derivatives Exchange (NCDEX)
d) Indian Commodity Exchange (ICEX)
e) Ace Derivatives and Commodity Exchange

Overall, commodity exchanges have become an important part of the financial landscape in Kerala, providing investors with opportunities to invest in a diverse range of commodities. While commodity trading can offer significant potential returns, it is also associated with high risk, and investors should carefully evaluate their investment objectives and risk tolerance before investing in this market.

Web Directory of all major Commodity Exchanges with their website links and brief information.

• MCX Multi Commodity Exchange : MCX offers futures trading in Agricultural Commodities, Bullion, Ferrous & Non-ferrous metals, Pulses, Oils & Oilseeds, Energy, Plantations, Spices and other soft commodities.
• IPSTA India Pepper and Spice Trade Association : The India Pepper And Spice Trade Association (IPSTA) website information.
• National Multi-Commodity Exchange of India Limited : NMCE is the first De-Mutualised Electronic Multi-Commodity Exchange of India.
• NCDEX National Commodity and Derivatives Exchange : NCDEX is the only commodity exchange in the country promoted by national level institutions.
• Bright & Associates, Kollam : Bright & Associates has over one and a half decades of broking and trading experience in cashew trading internationally in kernels and raw cashew nuts.