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It is important to appreciate the fact that commodities are generally divided into 4 categories which are agricultural,metals, energy, and environmental. The agricultural commodities include food crops like cotton and corn, livestock like cattle and industrial crops such as wool and lumber. Energy commodities on the other hand include petroleum products including natural gas, ethanol and electricity. For metals, it includes precious metals such as gold and silver and base materials like aluminum and zinc. Products in the environmental category include carbon emissions. Having seen the various classifications of commodities, it is important to understand and appreciate the reasons for trading commodities.

It was back in 2003 when the foundations of an independent entity — Multi Commodity Exchange, were laid in India. Offering trading in a wide array of future commodities, it soon became the largest of its kind in the country. With a turnover of up to 900 billion US dollars per annum, it is attracting more and more new customers with each passing day. This called for the need of real time information available to the customers for timely and money savvy decisions. Fortunately, technology has enabled us to watch all the financial trading lid making it possible to track all the MCX data This allows the investors to have a better idea about financial sector and trading.