The Most Traded Commodities in India

Trade commodity has stayed there from earliest times, as a bartering system. Nowadays,  commodity being negotiated for profit. In this commodity trade article, We have enumerated a number of the most commercialized commodities in India.
Raw materials (commodities) are physical substances negotiable produced in large quantities to meet human needs and desires. A commodities Marketplace is where the sale and purchase of such products are carried out.

Interestingly, the actual products are not traded on a commodities market. The purchaser actually purchases the commodities contract to be representative of the product. For instance, a market seller may offer one contract for a specific quality sugers at a specified rate at a future delivered times. The primary intent of trade in commodities is to cover the fluctuation of commodity price. Products may vary from commodities such as sugar, beans, tea, and so precious metals and semi-precious including gold, copper, silver, etc. and financial trade marked like bonds, stocks, and shares.

Check out the most marketed Commodities in India.

• Crude Oil:

Crude oil Commodity as a substance novel compared to the precious metals including gold, silver etc. Naturally occurring, this oil is a mixture composed of various hydrocarbons and subjected to different distilling processes in to get to your useable form. Crude oil as also known as oil and are often referred to as "black gold". Since that time, it is a nonrenewable resource, by only a limited presence, is also one of the most  pricey commodity products and volatile stock market.

• Natural Gas:

One of the major sources of power for our everyday activities of, natural gas has consolidated itself as one of the products most sold in over the world. Is a of Hydrocarbon Gases blend which consists of methane and nitrogen, along varying amounts of CO2, H2S and other hydrocarbons. Cleanliest It is also fossil fuel combustion and a viable fuel choices for future energy resources. On the other side the U.S., there are around 2.1 million miles of subterranean pipes supplying such fuel gas to over 62 million families.

• Gold:

Gold is of the metals mosty precious and sought. It is a safe for investment and been a symbol of affluence and prosperity since many Eras. In the last years, extracted approximately 5,000 metric tons of gold by an average each year. It is thought that if you all of the gold that has extracted in over the world was placed in a locus which would take an area of a cube of 100 feet. India is the main gold consumer followed by China.

• Silver:

Silver is else valuable and sought metal that has into trade since the olden times. Like it is the best thermal and electrical conductor, that is also used in many industrial instruments, such are switches, wires and fuses. After 1971, the price of the silver was significantly increased after the United States decided to abandon the gold standard. It was also the time when silver has been established itself as one precious metal in the commercial market.

• Wheat:

Wheat is one of main cereals in India and the third most important crop like as rice and maize. Of wheat flour using in many food products, of breads cake pastries, noodles and sweets. No wonder that this is one of favorite products in India as well as world. About 2/3 of global wheat of production using for human, while the rest is used for cattle feed, industrial applications and so on.

• Cotton:

Cotton is the commonly used natural fibers around the world. Has been grown in India for nearly 6,000 years. Been of high interest to Britons in the 18th century. India cotton later it was replaced by cheap U.S. cotton, with the coming of the slave trade shall in USA. To clothes, papers, medicines for fishing nets and cosmetic products, cotton having a number of applications and is hence always be in demand.


All of these Commodities Products are traded in Multi Commodity Exchange of India Ltd. (MCX), National Commodity Exchange Ltd. (NCEL and as well as New York Mercantile Exchange (NYMEX) etc. One must know that in order to reap the benefits of the trade in commodities, one must understand the rationale on the market and the location of the supply and demand of various products.

source;http://www.articlesfactory.com/articles/finance/the-most-traded-commodities-in-india.html