Commodity Trading Broker
Unlike shares, stocks, bonds, etc. commodities have a tangible existence. These include food, grains, metals, and oil which investors buy and sell through futures contracts. To trade in commodities you need a trusted broker to deal on your behalf. ABK Securities is a registered commodity trading Broker at both MCX and NCDEX. The price of commodities is determined by the law of demand. As the commodities are substances that come out from the earth in most cases, their prices remain the same universally.
The mainstream commodity markets can be classified as:
1. Precious metals include gold, silver, platinum, and palladium. Industrial metals include aluminium, aluminium alloy, nickel, lead, zinc, tin, recycled steel, and copper;
2. Livestock includes live cattle, feeder cattle, pork bellies, etc.;
3. Agricultural products include soybeans, soybean meals & oil, wheat, cotton, tea, pulses, sugar, corn, rice, coffee, etc.;
4. Energy includes ethanol, propane, natural gas, crude oil, Brent crude oil, uranium and more. We, at ABK Securities, have an in-depth knowledge of the commodity derivative market, futures & options contracts, etc. to guide your investments in every possible way.
