Which are the major exchanges that offer commodity trading in India?

There are 24 (Twenty-Four) commodity exchanges in India and 3 national level exchanges through which all permitted commodities can be traded. The three national level exchanges are

• MCX (Multi Commodity Exchange of India Ltd)
• NCDEX (National Commodity and Derivative Exchange)
• ICEX (Indian Commodity Exchange Ltd)

All these exchanges have an online trading and settlement system.

• List of products offered by MCX India.

  MCX started its operation in 2003 and regulated by SEBI. MCX is India's largest Multi Commodity Exchange that offers online trading of commodities derivatives transaction providing a platform for price discovery and risk management. In 2012, MCX became India's first listed exchange. All major brokers in India including Zerodha, Upstox, Alice Blue, Samco are trading members with MCX and offering hassle free commodity trading services to its clients.

  BULLION	Gold, Gold Mini, Gold Guinea, Gold Petal, Silver, Silver Mini, Silver Micro
  AGRO COMMODITIES	Black Pepper, Cardamom, Castor Seed, Cotton, Crude Palm Oil, Mentha Oil, RBD Palmolein
  ENERGY	Crude Oil, Crude Oil Mini, Natural Gas
  BASE METALS	Aluminum, Aluminum Mini, Brass, Copper, Lead, Lead Mini, Nickel, Zinc Mini, Zinc

• List of products offered by NCDEX India.

  Incorporated in 2003, NCDEX is India’s second largest multi commodity exchange. NCDEX is majorly engaged in Agri based commodities regulated by SEBI. IIFL, Edelweiss, Alice Blue are few of the known brokers that offer trading with NCDEX.

  CEREALS AND PULSES	Bajra, Barley, Chana, Maize Kharif/South, Maize Feed Industrial Grade, Wheat, Moong, Paddy (Basmati)
  FIBERS	Kapas, 29 MM Cotton
  GUAR COMPLEX	Guar Seed 10 MT, Guar Gum
  OIL AND OIL SEEDS	Castor Seeds, Cotton Seed Oil Cake, Soybean Refined, Soy Oil, Mustard Seeds, Crude Palm Oil
  SOFT	Sugar M
  SPICES	Pepper, Turmeric, Cumin, Coriander

• List of products offered by ICEX India

  After the merger of National Multi Commodity Exchange of India Ltd (NMCEX), ICEX has become the third largest commodity exchange in India. ICEX is majorly engaged in agri-based commodities regulated by SEBI. In Aug 2017, ICEX gets SEBI approval for world’s first unique Diamond Futures Contract.

  Non Agri Product	Diamond, Steel
  Spices	Black Pepper, Cardamom
  Oil Seeds	Castor Seed, Mustard Seed, Soya Bean Oil
  Plantation	Rubber
  Fiber	Raw Jute
  Cereals	Paddy Basmati
  Others	Guar Seed, Isabgul Seed