Best Accurate Commodity Tips

Firstly we need to understand how Indian commodity market works. As I research Indian commodity market consist both retail and wholesale market. The India Commodity market has undergone lots of changes due to the changing global economic scenario. You also need to know how you can look forward to get the right tips from the market without any trouble. You can also make good research to get the Commodity Tips  for you.  Thus throwing up many opportunities in the process.

Commodity Trading :

Commodity Trading takes place when physical substance are used or traded in global market to gain profit from the change in price of the physical substance. This physical substance may be metal, food grains etc.  Those who wish to diversify from the traditional options like shares, bonds and portfolios; commodity is best option for them.

Component of Indian Commodity Market:

• Wholesale Market

• Retail Market   

Current Scenario in Indian Commodity Market:-

India is among top 5 producers of most of the Commodities, in addition to being a major consumer of bullion and energy products.  Agriculture contributes about 22% GDP of Indian economy. It employees around 57% of the labor force on total of 163 million hectors of land Agriculture sector is an important factor in achieving a GDP growth of 8-10%. All this indicates that India can be promoted as a major centre for trading of commodity derivatives. MCX is currently largest commodity exchange in the country in terms of trade volumes, further it has even become the third largest in bullion and second largest in silver future trading in the world. Incidentally the futures’ trends of these commodities are mainly driven by international futures prices rather than the changes in domestic demand-supply and hence, the price signals largely reflect international scenario. In Indian Commodity Market Commodity Tips  play the most important role.