Commodities Market is an upcoming and fiercely growing market after the Stock Market. In this, Multi-Commodities like Bullion (Gold, Silver), copper updates, Cement, Chemicals, Cotton, Dry Fruits, Food Grains, Gur & Sugar, Iron & Steel, Jute & Jute Goods, Kirana, Metals, etc. are traded on a day to day basis. Interests of individual investors are catching on fast in this type of Exchange.
There are 3 National Exchanges for enabling the purchase and sale of commodities, futures and options. These are:
1. Multi-Commodity Exchange of India Ltd. (MCX)
2. National Commodities and Derivatives Exchange Ltd. (NCDEX)
3. National Multi-Commodity Exchange of India Ltd.
National Commodity & Derivatives Exchange Limited (NCDEX) is an online commodity exchange based in India. It was incorporated as a private limited company incorporated on 23 April 2003 under the Companies Act, 1956. It obtained its Certificate for Commencement of Business on 9 May 2003. It has commenced its operations on 15 December 2003. NCDEX is a closely held private company which is promoted by national level institutions and has an independent Board of Directors and professionals not having vested interest in commodity markets.

NCDEX generally traded with the agri commodities. Now a days 57 commodities are listed under this exchange that includes agri based commodities, bullion, energy, ferrous metals, plastic and non ferrous metals. NCDEX commodity is traded on the basis of spot price. NCDEX currently facilitates trading of thirty six agri commodities - Cashew, Castor Seed, Chana, Chilli, Coffee, Cotton, Cotton Seed Oilcake, Crude Palm Oil, Expeller Mustard Oil, Gold, Guar gum, Guar Seeds, Gur, Jeera, Jute sacking bags, Mild Steel Ingot, Mulberry Green Cocoons, Pepper, Rapeseed - Mustard Seed,Raw Jute, RBD Palmolein, Refined Soy Oil, Rice, Rubber, Sesame Seeds, Silk, Silver, Soy Bean, Sugar, Tur, Turmeric, Urad (Black Matpe), Wheat, Yellow Peas, Yellow Red Maize & Yellow Soybean Meal.

How the online agri commodity be beneficial for traders:
These all are some basics about NCDEX exchange and the commodities that it includes. Now it is the topic to think that how the agri commodities that is valuated with the some quantity not with the value of money are good to trade on online basis. These all are vague because each and every aspect of online agri commodities is covered by NCDEX. These basic things for trading with the agri commodities is depend on the spot price and the order that is to be placed. NCDEX is providing such a nice platform for the agri commodities that includes technological efficiency and market friendly features that make the online agri commodity trading rich and provide good experience for the traders.

NCDEX is providing the world class commodity exchange platform where traders in the commodity market can participates for the wide spectrum of commodity derivatives and trade with full satisfaction because all the trading under this exchange is based on the rules that are defined previously. It is a public Ltd. company that provides trader best platform that is driven by best international curriculum.

Author's Bio: 

Awadesh Kumar Chawda, CapitalVia Global Research Ltd.Best Commodity tips Providing Company