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    Indian Commodities Market 2024: Trends, Analysis & Future Outlook for Gold, Oil & Agri Trading

    Indian Commodities Market Report

    Last Updated: October 2023

    Market Overview

    India's commodities market has emerged as one of the world's fastest-growing markets, with daily turnover exceeding ₹15,000 crore. The market comprises:

    • Multi Commodity Exchange (MCX) - 93% market share
    • National Commodity and Derivatives Exchange (NCDEX)
    • Indian Commodity Exchange (ICEX)
    • National Multi Commodity Exchange (NMCE)

    Key Commodity Segments

    Category Major Commodities Market Share
    Metals Gold, Silver, Copper, Zinc 42%
    Energy Crude Oil, Natural Gas 35%
    Agri Commodities Guar Seed, Cotton, Soybean 18%
    Others Plastic, Carbon Credits 5%

    Recent Trends (2023)

    • Gold prices volatility due to global economic uncertainty
    • Crude oil prices fluctuating between ₹6,800-7,400 per barrel
    • Increased participation from retail investors (up 58% YoY)
    • Growing interest in green energy commodities

    Regulatory Framework

    The market is regulated by SEBI (Securities and Exchange Board of India) with:

    • Position limits for traders
    • Daily price bands (2-4%)
    • Enhanced risk management systems
    • Mandatory delivery settlements for certain contracts
    Disclaimer: This report contains original analysis based on publicly available data. No copyright infringement intended. Prices mentioned are for informational purposes only.

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