What is Contango & Backwardation?

Contango occurs in a market when futures prices for a commodity are greater than the current spot price. Backwardation happens in a market when the price of futures contract is below the spot price of the same commodity. The reasons for Contango and Backwardation are mostly supply and demand. For example: If copper is currently […]

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Which are the major commodity exchanges in India?

Although there are 24 commodity exchanges in India.There are three national level commodity exchanges to trade in all permitted commodities. They are: 1) Multi Commodity Exchange of India Ltd, Mumbai (MCX) 2) National Commodity and Derivative Exchange, Mumbai (NCDEX) 3) National Multi Commodity Exchange of India Ltd, Ahmedabad (NMCE) Note: Trade Smart Online provides online […]

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