Commodity market a place where commodities are traded on the basis of standardized contracts. Theses raw commodities are traded in exchanges on a regular basis. There are more than 50 commodity exchanges around the world which are responsible for investment in about 100 commodities. The commodities are majorly divided into two groups, Hard and soft commodity. Hard commodities comprises of all the natural resources that are mined or extracted like gold, silver, crude oil etc. while the soft commodities involve trading in agricultural products like pepper, turmeric, cotton etc. After trade started in commodity derivatives the trade was commenced in India in the early 1875, but due to huge risk was involve in such trading and this was considered to be detrimental for market. As a result of which the trading in commodities was banned around 1952. But later on due to drought and other problems farmers started to exchange the commodities for future market, but still some of the commodities w
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