Knowledge Center Fundamental Analysis
Introduction to Commodity
Types of Commodity Products
A commodity comprises an asset class or a collection of assets typically found in everyday life, including oil, metals, spices, pulses, and more. These items are primarily classified as movable goods, available for purchase or sale by anyone, excluding actionable claims or money.
The stock market is often the favored avenue for investors, yet there exists another asset class that seasoned investors gravitate toward for potentially lucrative returns: commodity market types. Commodity trading hinges on the price fluctuations of goods like natural gas, pulses, aluminum, and more. Within commodity market types, investors can engage in trading various commodities.
Types of commodities in stock market
Within the commodity types list, the stock market offers a wide array of options for trading. While there are numerous commodities available for trading across various exchanges, the most common types of commodities include:
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Agriculture:
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Grains: Rice, Basmati rice, wheat, maize, jeera.
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Oil and oilseeds: soy seeds, castor oil, refined soy oil, Castor seeds, soy meal, crude palm oil, groundnut oil, mustard seed, cottonseed, etc.
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Spices: jeera, turmeric, Pepper, red chili, and cardamom.
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Pulses: Chana, urad, yellow peas, tur dal.
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Metals and materials:
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Base metals: Aluminum, copper, nickel, zinc, tin.
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Bulk commodities: coking coal, Iron ore, bauxite, steel.
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Others: Soda ash, chemicals, rare earth metals.
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Precious metals and materials:
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Gold, silver, platinum, and palladium.
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Energy:
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Crude oil, thermal coal, natural gas, Brent crude, alternate energy.
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Services:
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Oil services, mining services, and others.
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Futures Are Available On The Following Commodities At Present
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Commodity Types list |
Commodity |
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Bullion |
Gold and Silver |
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Oil & Oil Seeds |
Refined Soy Oil, Soymeal, Castor seeds, Soy Seeds, Castor Oil, Crude Palm Oil, Cotton seed, Oilcake, Cottonseed, Mentha Oil |
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Spices |
Jeera, Turmeric, Black Pepper, Red Chilli, Cardamom, Coriander |
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Metals |
Copper, Nickel, Steel, Zinc, Aluminium, and Lead |
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Fibre |
Kapas, Cotton |
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Pulses |
Chana |
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Cereals |
Wheat, Maize |
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Energy |
Crude Oil, Natural Gas |
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Others |
Rubber, Sugar, Gur |
Note: The above list may not include all Commodities as exchanges continue to add new products.
Contract Specifications for Gold
|
Specifications |
Gold |
Gold Mini |
Gold Guinea |
|
Description |
GOLDMMMYY |
GOLDMMMYY |
GOLDGUINEAMMYY |
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Contract Listing |
Contracts are offered according to the Contract Launch Calendar. |
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Contract Start Day |
6 th day of contract launch month. If 6th day is a holiday, then the following working day. |
6th day of contract launch month. If the 6th day is a holiday, then following working day. |
1st day of contract launch month. If 1st day is a holiday, then following working day. |
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Last Trading Day |
5th day of the contract expiry month. If the 5th day is a holiday, then its the preceding working day. |
5th day of the contract expiry month. If the 5th day is a holiday, then its the preceding working day. |
Last calendar day of the contract expiry month. If the last calendar day is a holiday, then its the preceding working day. |
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Trading Period |
Mondays through Friday. |
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Trading Session |
Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m. |
Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m. |
Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m. |
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Trading Unit |
1 kg |
100 grams |
8 grams |
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Quotation/ Base Value |
10 grams |
10 grams |
8 grams |
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Maximum Order Size |
10 Kg |
10 Kg |
10 Kg |
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Tick Size (Minimum Price Movement) |
Re. 1 per 10 grams |
Re. 1 per 10 grams |
Re. 1 per 8 grams |
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Initial Margin |
Minimum of 6% or based on SPAN, whichever is higher. |
The minimum margin is determined by the volatility category or based on SPAN, whichever is higher. |
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Delivery Centre(s) |
Designated clearinghouse facilities at Ahmedabad. |
Designated Clearing House facilities at Ahmedabad and additional delivery centres at New Delhi and Mumbai. |
Designated Clearing House facilities at Ahmedabad and additional delivery centres at New Delhi and Mumbai. |
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Daily Price Limits |
The base price limit will be 3%. Whenever the base daily price limit is breached, the relaxation will be allowed up to 6% without any cooling-off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling-off period of 15 minutes, the daily price limit will be relaxed up to 9% In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% beyond the maximum permitted limit, and inform the Commission immediately . |
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Contract Specifications for Silver
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Specifications |
Silver |
Silver Mini |
Silver Micro |
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Description |
SILVERMMMYY |
SILVERM MMYY |
SILVERMICMMYY |
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Contract Listing |
Contracts are offered according to the Contract Launch Calendar. |
Contracts are offered according to the Contract Launch Calendar. |
Contracts are offered according to the Contract Launch Calendar.. |
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Contract Start Day |
6th day of contract launch month.If the last day is a holiday, it's moved to the previous working day.(Expiry Day + 1) |
Business day immediately following the last trading day. (Expiry Day + 1) |
Business day immediately following the last trading day. (Expiry Day + 1) |
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Last Trading Day |
5th day of the contract expiry month. If the 5th day is a holiday, then its the preceding working day. |
Last calendar day of the contract expiry month. If the last day is a holiday, it's moved to the previous working day. |
Last calendar day of the contract expiry month.If the last day is a holiday, it's moved to the previous working day. |
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Trading Period |
Mondays through Friday. |
Mondays through Friday. |
Mondays through Friday. |
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Trading Session |
Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m. |
Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m. |
Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m. |
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Trading Unit |
30 Kg |
5 Kg |
1 Kg |
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Quotation/ Base Value |
1 Kg |
1 Kg |
1 Kg |
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Maximum Order Size |
600 Kg |
600 Kg |
600 Kg |
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Tick Size (Minimum Price Movement) |
Re. 1 per Kg |
Re. 1 per Kg |
Re. 1 per Kg |
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Initial Margin |
Margin based on higher volatility category or SPAN. |
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Delivery Centre(s) |
Ahmedabad at designated Clearing House facilities. |
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Daily Price Limits |
The base price limit shall be 6%. In case the daily price limit of 6% is breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9%. In case price movement in international markets is more than the maximum daily price limit (currently 9%) or if international price is beyond maximum daily price limit range (after appropriate currency conversion) when compared with closing price on previous day on domestic exchange, the same may be further relaxed in steps of 3% beyond the maximum permitted limit, by giving appropriate notice to the market. In exceptional circumstances, daily price limits may be relaxed due to extreme international market movements. The base price limit shall be 6%. In case the daily price limit of 6% is breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9%. |
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Contract Specifications for Crude Oil
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Specifications |
Crude Oil |
Crude Oil Mini |
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Description |
CRUDEOILMMMYY |
CRUDEOILMMMMYY |
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Contract Listing |
Contracts are available based on the Contract Launch Calendar. |
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Contract Start Day |
As per the Contract Launch Calendar. |
As per the Contract Launch Calendar. |
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Last Trading Day |
As per the Contract Launch Calendar. |
As per the Contract Launch Calendar. |
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Trading Period |
Mondays through Friday. |
Mondays through Friday. |
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Trading Session |
Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m. |
Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m. |
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Trading Unit |
100 barrels |
10 barrels |
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Quotation/ Base Value |
Rs. 1 Per barrel |
Rs. 1 Per barrel |
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Maximum Order Size |
10,000 barrels |
10,000 barrels |
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Tick Size (Minimum Price Movement) |
Re. 1 |
Re. 1 |
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Initial Margin |
Margin based on higher of volatility category or SPAN. |
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Contract Specifications for Natural Gas
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Specifications |
Natural Gas |
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Description |
NATURALGASMMMYY |
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Contract Listing |
Contracts are offered in accordance with the Contract Launch Calendar. |
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Contract Start Day |
As per the Contract Launch Calendar. |
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Last Trading Day |
As per the Contract Launch Calendar. |
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Trading Period |
Mondays through Friday. |
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Trading Session |
Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m. |
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Trading Unit |
1250 mmBtu |
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Quotation/ Base Value |
Rs. per mmBtu |
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Maximum Order Size |
60,000 mmBtu |
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Tick Size (Minimum Price Movement) |
10 paise (0.10 rupees) |
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Initial Margin |
Minimum margin is determined by whichever is higher: the volatility category or the SPAN. |
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Daily Price Limits |
The base price limit shall be 6%. In case the daily price limit of 6% is breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9%. In case price movement in international markets is more than the maximum daily price limit (currently 9%) or if international price is beyond maximum daily price limit range (after appropriate currency conversion) when compared with closing price on previous day on domestic exchange, the same may be further relaxed in steps of 3% beyond the maximum permitted limit, by giving appropriate notice to the market. |
Contract Specifications for Mentha Oil
| Specifications | Mentha Oil |
|---|---|
| Description | MENTHAOILMMMYY |
| Contract Listing | Contracts are available as per the Contract LaunchCalendar. |
| Contract Start Day | 1st day of contract launch month. If 1st day is a holiday, then the following working day. |
| Last Trading Day | Last calendar day of the contract expiry month. If the last calendar day is a holiday, then the preceding working day. |
| Trading Period | Mondays through Friday. |
| Trading Session | Monday to Friday: 9.00 a.m. to 5.00 p.m. |
| Trading Unit | 360 kg (2 drums) |
| Quotation/ Base Value | I Kg |
| Maximum Order Size | 18000 kg (100 drums) |
| Tick Size (Minimum Price Movement) | 10 paise |
| Initial Margin | Minimum 4% or based on SPAN whichever is higher |
| Delivery Centre(s) | At Exchange, designated warehouse at Chandausi |
| Tender Period | Last five working days of the contract expiry and 1st working day after the expiry of the contract. |
| * Delivery period (including delivery pay-out of Commodities) | Three working days after the expiry of the contract. |
| Daily Price Limits | DPL shall have two slabs - Initial and Enhanced Slab. Once the initial slab limit of 3% is reached in any contract, then after a period of 15 minutes, this limit shall be increased further by an enhanced slab of 1%, only in that contract. The trading shall be permitted during the 15 minutes period within the initial slab limit. After the DPL is enhanced, trades shall be permitted throughout the day within the enhanced total DPL of 4%. |
Contract Specifications for Cotton
| Specifications | Cotton |
|---|---|
| Description | COTTONMMMYY |
| Contract Listing | Contracts are available as per the Contract LaunchCalendar. |
| Contract Start Day | 1st day of contract launch month. If 1st day is a holiday, then the following working day. |
| Last Trading Day | Last calendar day of the contract expiry month. If the last calendar day is a holiday, then the preceding working day. |
| Trading Period | Mondays through Friday. |
| Trading Session | Monday to Friday: 9.00 a.m. to 9.00 \ 9.30 p.m. |
| Trading Unit | 25 bales |
| Quotation/ Base Value | Rs. Per bale (of 170 Kg) |
| Maximum Order Size | 1200 bales |
| Tick Size (Minimum Price Movement) | Rs.10 |
| Initial Margin | Minimum 4% or based on SPAN whichever is higher |
| Basic Delivery Centre | Rajkot (Gujarat) |
| Tender Period | Last five working days of the contract expiry and 1st working day after the expiry of the contract. |
| * Delivery period (including delivery pay-out of Commodities) | Two working days after the expiry of the contract. |
| Daily Price Limits | DPL shall have two slabs - Initial and Enhanced Slab. Once the initial slab limit of 3% is reached in any contract, then after a period of 15 minutes, this limit shall be increased further by an enhanced slab of 1%, only in that contract. The trading shall be permitted during the 15 minutes period within the initial slab limit. After the DPL is enhanced, trades shall be permitted throughout the day within the enhanced total DPL of 4%. |
Contract Specifications for Cardamom
| Specifications | CARDAMOMMMYY |
|---|---|
| Description | COTTONMMMYY |
| Contract Listing | Contracts are available as per the Contract LaunchCalendar. |
| Contract Start Day | The contract launch date shall be the 16th day of the contract launch month. If the 16th day is a holiday, then the following working day. |
| Last Trading Day | 15th of the contract expiry month. If the 15th is a holiday, then the preceding working day. |
| Trading Period | Mondays through Friday. |
| Trading Session | Monday to Friday: 9.00 a.m. to 5 p.m. |
| Trading Unit | 100 KG (1 quintal) |
| Quotation/ Base Value | Rs. per Kg |
| Maximum Order Size | 5000 KG (50 quintals) |
| Tick Size (Minimum Price Movement) | 10 paisa per Kg |
| Initial Margin | Minimum 4% or based on SPAN whichever is higher |
| Delivery Centre | At Exchange, designated warehouse at Vandanmedu in Idukki Dist. of Kerala State |
| Tender Period | Last 10 days (including expiry day) of the contract and 1st working day after expiry of the contract. |
| * Delivery period (including delivery pay-out of Commodities) | Last 10 days (including expiry day) of the contract and 2 working days after expiry of the contract. |
| Daily Price Limits | DPL shall have two slabs - Initial and Enhanced Slab. Once the initial slab limit of 3% is reached in any contract, then after a period of 15 minutes, this limit shall be increased further by enhanced slab of 1%, only in that contract. The trading shall be permitted during the 15 minutes’ period within the initial slab limit. After the DPL is enhanced, trades shall be permitted throughout the day within the enhanced total DPL of 4%. |
Contract Specifications for Aluminium
| Specifications | Aluminium | Aluminium Mini |
|---|---|---|
| Description | ALUMINIUMMMMYY | ALUMINIMMYY |
| Contract Listing | Contracts are available as per the Contract LaunchCalendar. | Contracts are available as per the Contract LaunchCalendar. |
| Contract Start Day | 1st day of contract launch month. If 1st day is a holiday, then the following working day. | 1st day of contract launch month. If 1st day is a holiday, then the following working day. |
| Last Trading Day | Last calendar day of the contract expiry month. If the last calendar day is a holiday or Saturday, then the preceding working day. | Last calendar day of the contract expiry month. If the last calendar day is a holiday or Saturday, then the preceding working day. |
| Trading Period | Mondays through Friday. | Mondays through Friday. |
| Trading Session | Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.* based on US daylight saving time period | Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.* based on US daylight saving time period |
| Trading Unit | 5 Tons | 1 MT |
| Quotation/ Base Value | 1 kg | Rs. per kg |
| Maximum Order Size | 150 MT | 150 MT |
| Tick Size (Minimum Price Movement) | 5 paise per kg | 5 paise |
| Initial Margin | Minimum 4% or based on SPAN whichever is higher | Minimum 4% or based on SPAN whichever is higher |
| Delivery Centre(s) | Exchange designated warehouse at Bhiwandi | Exchange designated warehouse at Bhiwandi |
| Tender Period | 1st working day after the expiry of the contract. | 1st working day after the expiry of the contract. |
| Tender & Delivery Period | 1st to 2nd working days after expiry of the contract. | 1st to 2nd working days after expiry of the contract. |
| Daily Price Limits | The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed up to 6% without any cooling-off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling-off period of 15 minutes, the daily price limit will be relaxed up to 9%. In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% informed to the Regulator immediately | The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed up to 6% without any cooling-off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling-off period of 15 minutes, the daily price limit will be relaxed up to 9%. In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% informed to the Regulator immediately. |
Contract Specifications for Copper
| Specifications | Copper | Copper Mini |
|---|---|---|
| Description | COPPERMMMYY | COPPERMMMYY |
| Contract Listing | Contracts are available as per the Contract LaunchCalendar. | Contracts are available as per the Contract LaunchCalendar. |
| Contract Start Day | 1st day of contract launch month. If 1st day is a holiday, then the following working day. | 1st day of contract launch month. If 1st day is a holiday, then the following working day. |
| Last Trading Day | Last calendar day of the contract expiry month. If the last calendar day is a holiday or Saturday, then the preceding working day. | Last calendar day of the contract expiry month. If the last calendar day is a holiday or Saturday, then the preceding working day. |
| Trading Period | Mondays through Friday. | Mondays through Friday. |
| Trading Session | Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m. | Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m. |
| Trading Unit | 1 MT | 250 kilograms |
| Quotation/ Base Value | 1 kg | 1 kg |
| Maximum Order Size | 70 MT | 70 MT |
| Tick Size (Minimum Price Movement) | 5 paise per kg | 5 paise |
| Initial Margin | Minimum 4% or based on SPAN whichever is higher | Minimum 4% or based on SPAN whichever is higher |
| Delivery Centre(s) | Within 20 kilometres outside Mumbai octroi limit. | Within 20 kilometres outside Mumbai octroi limit. |
| Tender Period | 1st working day after the expiry of the contract. | 1st working day after the expiry of the contract. |
| Tender & Delivery Period | 1st to 2nd working days after expiry of the contract. | 1st to 2nd working days after expiry of the contract. |
| Daily Price Limits | The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed up to 6% without any cooling-off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling-off period of 15 minutes, the daily price limit will be relaxed up to 9%. In case price movement in international markets is more than the maximum daily price limit (i.e 9%), the same may be further relaxed in steps of 3% beyond the maximum permitted limit, and inform the Commission immediately. | The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed upto 6% without any cooling off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling off period of 15 minutes, the daily price limit will be relaxed upto 9%. In case price movement in international markets is more than the maximum daily price limit (i.e 9%), the same may be further relaxed in steps of 3% and inform the Commission immediately. |
Contract Specifications for Lead
| Specifications | Lead | Lead Mini |
|---|---|---|
| Description | LEADMMMYY | LEADMINIMMYY |
| Contract Listing | Contracts are available as per the Contract LaunchCalendar. | Contracts are available as per the Contract LaunchCalendar. |
| Contract Start Day | 1st day of contract launch month. If 1st day is a holiday, then the following working day. | 1st day of contract launch month. If 1st day is a holiday, then the following working day. |
| Last Trading Day | Last calendar day of the contract expiry month. If the last calendar day is a holiday or Saturday, then the preceding working day. | Last calendar day of the contract expiry month. If the last calendar day is a holiday or Saturday, then the preceding working day. |
| Trading Period | Mondays through Friday. | Mondays through Friday. |
| Trading Session | Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.* based on US daylight saving time period | Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.* based on US daylight saving time period |
| Trading Unit | 5 Tons | 1 MT |
| Quotation/ Base Value | Rs. per kg | Rs. per kg |
| Maximum Order Size | 100 tons | 100 tons |
| Tick Size (Minimum Price Movement) | 5 paise per kg | 5 paise per kg |
| Initial Margin | Minimum 4% or based on SPAN whichever is higher | Minimum 4% or based on SPAN whichever is higher |
| Delivery Centre(s) | Within 20 kilometres outside Mumbai octroi limit. | Within 20 kilometres outside Mumbai octroi limit. |
| Tender Day | 1st working day after the expiry of the contract. | 1st working day after the expiry of the contract. |
| Tender & Delivery Period | 1st to 2nd working days after expiry of the contract. | 1st to 2nd working days after expiry of the contract. |
| Daily Price Limits | The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed up to 6% without any cooling-off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling-off period of 15 minutes, the daily price limit will be relaxed up to 9%. In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3%. informed the Regulator immediately. | The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed up to 6% without any cooling-off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling-off period of 15 minutes, the daily price limit will be relaxed up to 9%. In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% informed to the Regulator immediately. |
Contract Specifications for Nickel
| Specifications | Nickel | Nickel Mini |
|---|---|---|
| Description | NICKELMMMYY | NICKELMMMYY |
| Contract Listing | Contracts are available as per the Contract LaunchCalendar. | Contracts are available as per the Contract LaunchCalendar. |
| Contract Start Day | 1st day of contract launch month. If 1st day is a holiday, then the following working day. | 1st day of contract launch month. If 1st day is a holiday, then the following working day. |
| Last Trading Day | Last calendar day of the contract expiry month. If the last calendar day is a holiday or Saturday, then the preceding working day. | Last calendar day of the contract expiry month. If the last calendar day is a holiday or Saturday, then the preceding working day. |
| Trading Period | Mondays through Friday. | Mondays through Friday. |
| Trading Session | Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.* based on US daylight saving time period | Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.* based on US daylight saving time period |
| Trading Unit | 250 Kg | 100 Kg |
| Quotation/ Base Value | 1 Kg | 1 Kg |
| Maximum Order Size | 24 MT | 24 MT |
| Tick Size (Minimum Price Movement) | 10 paise per kg | 10 paise per kg |
| Initial Margin | Minimum 5% or based on SPAN whichever is higher | Minimum 5% or based on SPAN whichever is higher |
| Delivery Centre(s) | Within 20 kilometres outside Mumbai octroi limit. | Within 20 kilometres outside Mumbai octroi limit. |
| Tender Day | 1st working day after the expiry of the contract. | 1st working day after the expiry of the contract. |
| Tender & Delivery Period | 1st to 2nd working days after expiry of the contract. | 1st to 2nd working days after expiry of the contract. |
| Daily Price Limits | The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed up to 6% without any cooling-off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling-off period of 15 minutes, the daily price limit will be relaxed up to 9%. In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% informed to the Regulator immediately. | The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed up to 6% without any cooling-off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling-off period of 15 minutes, the daily price limit will be relaxed up to 9%. In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% informed to the Regulator immediately. |
Contract Specifications for Zinc
| Specifications | Zinc | Zinc Mini |
|---|---|---|
| Description | ZINCMMMYY | ZINCMINIMMYY |
| Contract Listing | Contracts are available as per the Contract LaunchCalendar. | Contracts are available as per the Contract LaunchCalendar. |
| Contract Start Day | 1st day of contract launch month. If 1st day is a holiday, then the following working day. | 1st day of contract launch month. If 1st day is a holiday, then the following working day. |
| Last Trading Day | Last calendar day of the contract expiry month. If the last calendar day is a holiday or Saturday, then the preceding working day. | Last calendar day of the contract expiry month. If the last calendar day is a holiday or Saturday, then the preceding working day. |
| Trading Period | Mondays through Friday. | Mondays through Friday. |
| Trading Session | Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.* based on US daylight saving time period | Monday to Friday: 9.00 a.m. to 11.30 / 11.55 p.m.* based on US daylight saving time period |
| Trading Unit | 5 Tons | 1 MT |
| Quotation/ Base Value | Rs. per kg | Rs. per kg |
| Maximum Order Size | 100 tons | 100 tons |
| Tick Size (Minimum Price Movement) | 5 paise per kg | 5 paise per kg |
| Initial Margin | Minimum 4% or based on SPAN whichever is higher | Minimum 4% or based on SPAN whichever is higher |
| Delivery Centre(s) | Within 20 kilometres outside Mumbai octroi limit. | Within 20 kilometres outside Mumbai octroi limit. |
| Tender Day | 1st working day after the expiry of the contract. | 1st working day after the expiry of the contract. |
| Tender & Delivery Period | 1st to 2nd working days after expiry of the contract. | 1st to 2nd working days after expiry of the contract. |
| Daily Price Limits | The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed up to 6% without any cooling-off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling-off period of 15 minutes, the daily price limit will be relaxed up to 9%. In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% informed to the Regulator immediately. | The base price limit will be 4%. Whenever the base daily price limit is breached, the relaxation will be allowed up to 6% without any cooling-off period in the trade. In case the daily price limit of 6% is also breached, then after a cooling-off period of 15 minutes, the daily price limit will be relaxed up to 9%. In case price movement in international markets is more than the maximum daily price limit (currently 9%), the same may be further relaxed in steps of 3% informed to the Regulator immediately. |
Frequently Asked Questions
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What are the types of commodity trading?
Commodity trading encompasses various types of commodities traded across different markets. These commodities span agricultural products such as pulses, grains, and cereals; industrial products like fertilizers and textiles; petroleum products including diesel and oil; and metals such as silver, copper, and gold. Additionally, there is the financial commodity market, which operates through paper trading and contracts.
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What are commodity types in share market?
Commodities traded in the stock market include a wide range of assets. Typical examples of commodities comprise grains, gold, beef, oil, and natural gas. However, the definition has expanded in recent times to encompass financial products such as foreign currencies and indexes. It's advisable to consider allocating up to 10% of your portfolio to a mix of commodities.
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What is a tradeable commodity?
A tradeable commodity refers to basic goods utilized in commerce, often interchangeable with other goods of the same type. Economists typically evaluate these commodities as inputs in the production of other goods or services.
