There are two major commodity exchanges in India: MCX (Multi Commodity Exchange) and NCDEX (National Commodity & Derivatives Exchange). Commodities traded on the exchanges include precious metals like gold and silver, base metals like copper, nickel, and zinc, agri-products like jeera, pepper, and sugar, and energy sources like crude oil and natural gas. MCX Bullion includes gold and silver futures trading while MCX Base Metals includes aluminum, copper, lead, zinc, nickel, and other base metal futures.