Live MCX & NCDEX

Live

MCX

and

NCDEX

is your easier way into

trading

and

market 

world. With just one touch, access the

live rates of commodities

without wasting your time on setting up profiles and creating accounts. With one finger touch get updated with the different precious and day to day commodities and currency prices and exchange rates hasslefree.

Being an investor as well as customers in this faster growing globalization, knowing about the

current prices

of the commodities of day to day lives as well as the exchange rates are vital for the purpose of

trading, investing

and

business 

of our day to day lives.

With one touch you get the live and constantly updated prices of commodities like

castor,

chana, moong

and also precious commodities like

gold, silver, copper

etc.

Commodities like

food, crude oil, gold, silver

and other metals plays an important role in everyday life. 

NCDEX

NCDEX

or National Commodity and Derivative Exchange 

Limited is an online multi commodity trading exchange that allows trading in agriculture commodities like oil, wheat, soyabean, etc.

Here are the products traded on NCDEX: 

Cereals and pulses: Barley, chana, maize kharif, maize rabi, wheat, moong, paddy (basmati)

Fibres: Kapas and 29 mm cotton

Guar complex: Guar seed and guar gum

Oil and oil seeds: castor seed, cotton seed oil cake, soy bean, refined soy oil, mustard seed and crude palm oil

Sugar

Spices: Pepper, turmeric, jeera and coriander

MCX

MCX or Multi Commodity Exchange

is another commodity exchange that opens the gateway to trade-in gold, silver, and other precious commodities thus offering a big return in trading.

COMMODITY FOCUS ON PRECIOUS METALS

In terms of commodity trading, there are two precious metals that are available trade viz.

Gold and Silver.

Of course, there are variants

like Gold Mini, Silver Mini, Gold Guinea, Gold

Petal

etc.

COMMODITY FOCUS ON BASE METALS

Aluminium

prices on the MCX are largely driven by international prices on the LME.

Copper

is the second most used base metal after steel and aluminium in terms of applications.

Lead

is protected from radiation and finds wide application in batteries.

Nickel

is lustrous and nearly 65% of nickel in the world is used to manufacture stainless steel.

Zinc 

is highly resistant to acidic corrosion and finds application in buildings.

Currency and exchange rates

An exchange rate is the rate at which one currency can be exchanged for another between nations or economic zones. It is used to determine the value of various currencies in relation to each other and is important in determining trade and capital flow dynamics.

It is important because the exchange rate, the price of one currency in terms of another, helps to determine a nation’s economic health and hence the well-being of all the people residing in it.

Commodity market is mainly used to manage risks caused due to price fluctuations. Exporters, importers, etc. benefit by trading in commodities.