MCX MCX Future Prices delayed by 20 minutes... Aluminium  ( JAN 2021 ) 163.55 down [0.99]  Cardamom VAND  ( FEB 2021 ) 1500 down [0.00]  Castor Seeds  ( FEB 2021 ) 4400 down [0.00]  Copper  ( JAN 2021 ) 605.95 down [0.12]  Cotton(29mm) RJKT  ( JAN 2021 ) 21130 down [0.19]  Crude Oil  ( FEB 2021 ) 3839 down [0.10]  CrudePalmOil  ( JAN 2021 ) 917.8 down [-0.11]  Gold  ( FEB 2021 ) 49143 down [0.01]  Gold Guinea AHM  ( JAN 2021 ) 39496 down [1.05]  Gold M  ( FEB 2021 ) 49144 down [0.03]  Gold Petal MUM  ( JAN 2021 ) 4864 down [0.60]  Kapas  ( FEB 2021 ) 1110 down [0.00]  Lead MUM  ( JAN 2021 ) 167.55 down [0.36]  Mentha Oil  ( JAN 2021 ) 955 down [-0.73]  Natural Gas HZR  ( FEB 2021 ) 186.9 down [3.20]  Nickel  ( JAN 2021 ) 1323.2 down [0.39]  Pepper  ( FEB 2021 ) 33000 down [0.00]  Rubber  ( JAN 2021 ) 15055 down [-0.50]  Silver  ( MAR 2021 ) 66535 down [-0.16]  Silver M  ( FEB 2021 ) 66498 down [-0.18]  Silver Micro AHM  ( FEB 2021 ) 66483 down [-0.19]  Zinc Mum  ( JAN 2021 ) 216.15 down [0.65]   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.`