MCX MCX Future Prices delayed by 20 minutes... Aluminium  ( OCT 2020 ) 154 down [0.20]  Cardamom VAND  ( NOV 2020 ) 1470 down [0.00]  Castor Seeds  ( NOV 2020 ) 4090 down [0.00]  Copper  ( OCT 2020 ) 540.1 down [-0.51]  Cotton(29mm) RJKT  ( OCT 2020 ) 19630 down [1.13]  Crude Oil  ( NOV 2020 ) 2772 down [-5.52]  CrudePalmOil  ( OCT 2020 ) 828.6 down [0.18]  Gold  ( DEC 2020 ) 50495 down [-0.91]  Gold Guinea AHM  ( OCT 2020 ) 40831 down [-0.49]  Gold M  ( NOV 2020 ) 50483 down [-0.98]  Gold Petal MUM  ( OCT 2020 ) 5110 down [-0.58]  Kapas  ( NOV 2020 ) 1025 down [0.00]  Lead MUM  ( OCT 2020 ) 152.35 down [1.40]  Mentha Oil  ( OCT 2020 ) 937.5 down [1.06]  Natural Gas HZR  ( NOV 2020 ) 243.9 down [-0.65]  Nickel  ( OCT 2020 ) 1170.7 down [0.08]  Pepper  ( NOV 2020 ) 33000 down [0.00]  Silver  ( DEC 2020 ) 60138 down [-3.44]  Silver M  ( NOV 2020 ) 60153 down [-3.42]  Silver Micro AHM  ( NOV 2020 ) 60142 down [-3.42]  Zinc Mum  ( OCT 2020 ) 209.6 down [0.53]   SPOT FUTURE
Services

Benefits From Future Trading

  • Covers price risk :
    As a producer/processor, futures trading helps to hedge the price risk.
  • Enables Companies to finalize Costing :
    On the commodity exchanges, simultaneously 3 to 6 futures contracts phased over a timespan of 6 - 12 months are available. This provides the firm to lock in the purchase prices for almost an year thus enabling the management to finalise the sale price of the final good without affecting the margins.
  • Locks in Margins :
    Because every rupee rise in the cost of raw material cannot be passed on to the final consumer keeping in mind the price competition in the markets, the firm/organisation can lock in the commodity prices using the futures contracts.
  • Better working Capital utilization :
    Direct purchase in the spot markets require huge capital. This constrains the working capital available with the firm. On the futures platform, for dealing the same quantity - the amount employed could be as low as 1/10th of the amount employed in spot transaction. Thus the firm can free up the workingcapital and use it for other requirements of the firm.
  • Prize Discovery :
    In majority of the markets, the trade is controlled by few traders, while futures platform provides an electronic format to attract buyers & sellers from across India. With more buyers & sellers participating, the price of any commodity is efficiently discovered.`