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 —       
rIt is a market where primary products are
exchanged. Such as Gold, Silver, Agricultural
commodities, Metals, Crude etc.
      
rRCDEX (Rational Commodity and
Derivative Exchange)

rMCX (Multi-
(Multi-Commodity Exchange).
 º      

r `he first recorded instance of futures trading occurred

with rice in 17th Century in Japan.

r`he Chicago Board of `rade was established in 1848

rIn the 1870s and 1880s the Rew York Coffee, Cotton
and Produce Exchanges were born.

r`he biggest increase in futures trading activity occurred

in the 1970s when futures on financial instruments started
trading in Chicago.
 |


 
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r Commodity `rading also provides hedging, trading and
arbitrage opportunities to market players. `he FMC is the
regulatory body for Commodity `rading in futures/forward
trade in India.
r `he FMC has its headquarters in Mumbai and the regional
office is located at Kolkata.
r `here are some 


  

 . But most
of these commodity exchanges are regional, offline and
commodity specific.
r `he government has recently allowed four national level
multi-commodity exchanges to trade in all permitted
commodities
     
r Precious Metals : Gold and Silver

r Base Metals : Copper, Zinc, Steel

r Energy : Crude oil, Ratural Gas

r Pulses : Chana, Urad

r Spices : Jeera,`urmeric,Cardamom

r Others : Guar Seed and Guar Gum

     

r Commodity trading is basically a exposed to

ideas plus practical experience watching the
market on a day to day basis.

r For further details need to refer the books of

commodity trading, as the process is to be
followed on the day to day market activity.
         !"#$% && 
r `urnover on Indian commodity exchanges led by MCE of
India ltd.

r India will increase the maximum positions that traders may

hold in agricultural commodities

r May reach Rs 50 trillion ($1.26 trillion) in the year from April

as rule changes boost trading in sugar and soybean oil.

r BC Khatua, chairman of the Forward Markets Commission.

 |
 
r RCDEX is an online commodity exchange based in India.

r It is a closely held Pvt.Ltd incorporated on 23rd April

2003,under the companies Act,1956.

r It received its Certificate for Commencement of Business

on 9th May 2003.

r It is regulated by FMC in respect of futures trading in

commodities.
 |

r MCX is an independent commodity exchange based in
India.

r It was established in 2003 and is based in Mumbai.

r It has an average daily turnover of around US$1.55

billion.

r It features amongst the world¶s top three bullion

exchanges and top four energy exchanges.
 
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   & 

r BARLEY JAIPUR 1178.80
r SILVER DELHI 21297.00
r `URMERIC RIZA. 3807.00


'''
   & 

r SUGAR-KOLHAPUR 1725.00
r S`EEL MILD-GHAZI. 30890.00
r GUR-REW-MUZZ. 648.40
 
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   & 

r RICKEL 823.50
r RA`URAL GAS 371.40
r COPPER 317.20
r CRUDE OIL 5010.0

'''
   & 

r PLA`IRUM 20991.0
r LEAD 73.35
r CARDAMOM 738.50
||| 


 
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r Leverage
r Ability to go short
r Ro `ime Decay
r `here are no balance sheets, no complicated
financial statements----all you have to do is
follow the supply and demand position of the
commodities you trade in very closely.
 |' —'
( 

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r FMC is likely to raise price for jeera and turmeric

r ZIRC output capacity to rise 14%

r Copper price dip part of larger commodities retreat.

r Analysts expect bumper output for soybean

r `ea export decline 29% in FY08.

  )    (** +
`hank You

 )
(*+ #,