Definiton
A commodity exchange refers to the market place where buying and selling of commodities for future delivery takes place.

List of exchanges allowed trading in commodities

1. Bhatinda Om & Oil Exchange Ltd., Batinda
2. The Bombay Commodity Exchange Ltd. Mumbai
3. The Rajkot Seeds oil & Bullion Merchants` Association Ltd
4. The Kanpur Commodity Exchange Ltd., Kanpur
5. The Meerut Agro Commodities Exchange Co. Ltd., Meerut
6. The Spices and Oilseeds Exchange Ltd.
7. Ahmedabad Commodity Exchange Ltd.
8. Vijay Beopar Chamber Ltd., Muzaffarnagar
9. India Pepper & Spice Trade Association. Kochi
10. Rajdhani Oils and Oilseeds Exchange Ltd., Delhi
11. National Board of Trade. Indore
12. The Chamber Of Commerce, Hapur
13. The East India Cotton Association Mumbai
14. The Central India Commercial Exchange Ltd, Gwaliar
15. The East India Jute & Hessian Exchange Ltd
16. First Commodity Exchange of India Ltd, Kochi
17. Bikaner Commodity Exchange Ltd., Bikaner
18. The Coffee Futures Exchange India Ltd, Bangalore
19. Esugarindia Limited
20. National Multi Commodity Exchange of India Limited (NMCE)
21. Surendranagar Cotton oil & Oilseeds Association Ltd
22. Multi Commodity Exchange of India Ltd. (MCX)
23. National Commodity & Derivatives Exchange Ltd. (NCDEX)
24. Haryana Commodities Ltd., Hissar
25. e-Commodities Ltd.

Out of these 25 commodities the MCX, NCDEX and NMCE are large exchanges and MCX is the biggest among them. Click on the following links to get a better understanding of two of the largest commodity exchanges in India:

  » MCX
  » NCDEX