The commodity trading refers to the trade or buy and sell of various commodities in the market. Commodities market has its own sets of rules and regulations like any other market where the physical form of raw and primary goods like precious metals, crude oil, agricultural product etc are traded. There are 2 major commodities exchanges in India. They are:
· Multi Commodity Exchange of India Ltd (MCX) which deals with non-agricultural products like gold, silver, aluminium, copper, nickel, lead, zinc and energy products like crude oil and natural gas.
· National Commodity and Derivative Exchange (NCDEX) that deals with agricultural products like pulses, cereals, sugar etc.
Yes, they are profitable if you have laid down the proper formulated plan for the investment. If you are new to trading then it is safe to take the help of a commodity tips provider who provide tips and advises on the basis of the technical and fundamental analysis.
(Source: https://www.quora.com/What-is-commodity-trading-and-is-it-profitable-or-not)
100mcxtips 