Commodity trade is a trade where various manufactured products are traded like wheat coffee coco, gold rubber oil etc. Commodity markets can include physical trading and derivatives trading using spot prices, forward, futures, and options on futures. Farmers have used a simple form of derivative trading in the commodity market for centuries for price risk management. The grain trade refers the local and international trade in cereals and other food grains such as wheat, grains, rice. India is a spice rich country. Mostly spices are available here. These days spice trading is popularizing.
A combination of spices, such as pepper, turmeric, chilly, coriander, cardamom and jeera that are currently traded on the commodities exchanges. It could also give you good returns. The pack of six spices outpaced the stock exchange trading and gave an average return of around 32%. Spices are primarily used as flavoring agent in food or as medicine. Due to trade facilitation the benchmark indices S&P CNX Nifty and the BSE Sen sex gained around 11% each to 5,833 and 19,445, respectively, during the financial year 2010-1. At lastly consumer from different location all over world buy the pacet of spice and used to flavoring their food