Marketonmobile is a one-stop destination for live stock, commodity
prices, business news and analysis. Apart from the live...
What Are Commodities

Commodities are the raw materials which people use either
for direct or indirect consumption. By dir...
Know About Different Kinds of Commodities

Commodities can be broadly classified into four categories - metals,
energy, fo...
Metals - are again classified into two segments - base metals
and precious metals. In base metals - we have all the
constr...
We could have still been in the rock-age had energy not been discovered. The
cars we drive and electricity, gas we consume...
All the vegetables, livestock, pulses and grains fall under this
category. Although all are not traded on the exchanges. S...
Apart from Food commodities, there are other agriculture
based products which get termed into non-food
commodities. For e....
One can open a trading account with any of the registered broker or subbroker with the MCX or NCDEX exchange and start tra...
The MCX (Multi Commodity Exchange) and the NCDEX (National
Commodity Derivatives Exchanged) are two of the major commodity...
Contact Marketonmobile to know about different commodity section news and
advice on the hottest trending commodities like ...
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Know About Various Commodity News at Market On Mobile

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Marketonmobile is a one-stop destination for know about the Indian stock and commodity news.

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  • Market On Mobile
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  • Know About Various Commodity News at Market On Mobile

    1. 1. Marketonmobile is a one-stop destination for live stock, commodity prices, business news and analysis. Apart from the live stock and commodity prices from the BSE, NSE, MCX and NCDEX we also provide daily market outlook and commodity trading calls.
    2. 2. What Are Commodities Commodities are the raw materials which people use either for direct or indirect consumption. By direct consumption its means - food for sustaining ourselves. In-direct, consumption is for our own well-being and necessity. Commodities have been part of human life ever since life came into existence.
    3. 3. Know About Different Kinds of Commodities Commodities can be broadly classified into four categories - metals, energy, food & edibles and non-food commodities. Metals, energy and non-food commodities are used by humans for external purpose like construction, power etc. On the other hand, food & edibles - are the agriculture based commodities which are used for direct consumption.
    4. 4. Metals - are again classified into two segments - base metals and precious metals. In base metals - we have all the construction related metals - ferrous and non-ferrous both like the Iron Ore, Lead, Nickel, Copper, Aluminium and Zinc. Under precious metals - the bullion - like Gold, Silver and Platinum gets classified.
    5. 5. We could have still been in the rock-age had energy not been discovered. The cars we drive and electricity, gas we consume are part of the energy-based commodity - viz - Crude Oil and Natural Gas. Both these commodities are one of the most volatile commodities because of the demand, supply and global worries factor. We all know that the Middle East is the largest producer of energy, while the western world is the major consumer.
    6. 6. All the vegetables, livestock, pulses and grains fall under this category. Although all are not traded on the exchanges. Some of the food commodities available for trading are as follows - Chana, Turmeric, Pepper, Sugar, refined soya oil etc. Almost all the food commodities are traded in the spot market, with reference prices from various Mandis in the country.
    7. 7. Apart from Food commodities, there are other agriculture based products which get termed into non-food commodities. For e.g. Cotton, Rubber and Kapas. Most of the noon-food commodities futures are very illiquid due to lower trader interest.
    8. 8. One can open a trading account with any of the registered broker or subbroker with the MCX or NCDEX exchange and start trading for a low deposit of Rs 5000 or so. Some of the prominent names are as follows Angel Commodity, Bonanza, Geojit BNP Paribas, ICICIComtrade, India Infoline, Religare and Sharekhan. Since commodities are mostly a futures market, one just has to pay the margin money to take position in any of the trade. The normal margin for each of the commodities varies between 3-5 per cent of the contract value. In case, the commodity price is highly volatile, the exchange levies additional margin as spam margin, which can be around 2-5 per cent more.
    9. 9. The MCX (Multi Commodity Exchange) and the NCDEX (National Commodity Derivatives Exchanged) are two of the major commodity exchanges in India. Commodities like - Gold, Silver, Crude Oil, Natural Gas, Copper, Lead and Nickel are some of the most actively traded commodities on the MCX. Whereas agri-based commodities like Guar seed, Guar gum, cotton, Kapaskhali and castor seeds are some of the actively traded commodities on the NCDEX.
    10. 10. Contact Marketonmobile to know about different commodity section news and advice on the hottest trending commodities like Gold and Silver and some of the hot commodities. For any Querries: contact@marketonmobile.com Address:Plot no. 23, Nirmal Nagar, Bandra(East), Mumbai - 400 051. India. Phone : 022 65 61 57 92, 022 65 27 00 10

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