Base metals is specially designed for MCX traders to gain in Metal Segments on daily basis with perfect entry and exit.
What is Base Metal?
Metals that oxidize, tarnish or corrode relatively easily when exposed to air or moisture. Base metals are widely used in commercial and industrial applications. They are more abundant in nature and therefore far cheaper than precious metals such as gold, silver and platinum. Base metals include aluminum, copper, lead, nickel, tin and zinc.
Base metal prices have been rising for a number of years alongside the more general resurgence in commodity prices. The gathering pace of development in China and the Indian sub-continent has stimulated much greater interest in, and awareness of, these markets and volatility has escalated accordingly.
Today, the need and desire for access to trade the base metal markets has never been greater. The primary exchanges of the world, including the London Metal Exchange (LME)*, Comex, and SGX, provide access to a range of products including:
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