Career as Commodity Traders
Commodity traders take a futures trading position for farm produce such as grains or for commodities such as precious metals mined from the earth. They buy and sell commodities for making profits in the trade. They sign futures contract which is an agreement for delivery of a particular commodity at a given time and date for a pre-determined price.
- About Commodity Traders :
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Job Profile
- Work for trading firms, brokering firms or independently
- Take a position in the market for buying a commodity on the basis of their research and expertise to make profit in the commodity trading
- Inspect competing farmers plantations for predicting yields and quality
- Ascertain the best plantation in terms of yield and quality
- Discuss with trading or broking firm or other buyers their demands in terms of quantity and value
- Estimate the predicted selling price and make a bid for buying so that the deal is profitable
- Work through commodities exchange or directly with the producer
- Specialize in commodities such as wheat, rice, soya bean etc.
Employment Opportunities
- Banks
- Export organizations
- Government trade organizations
- Trading firms
Recruiting Companies
Adani 
Kotak Commodities 
PEC Ltd. - Commodity Trading Corporation
- MMTC Ltd.
- Phoenix Commodities Ltd.
- State Trading Corporation of India Ltd.
- TCI Industries
How do I get there?
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Std XII
Stream: Any
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Graduation
BCom/BEco/BTech/BBA
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Post Graduation
MBA/InternationalBusiness
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Certification
MCCP*
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Goal
Commodity Traders
*The MCX Certified Commodity Professional (MCCP) course is for those who want to participate in the commodity derivatives market. The MCCP certificate is valid for 3 years.The programme covers modalities of trading in commodity markets, trading practices, settlement, clearing and delivery procedures, legal regulation framework.MCCP examination has 50 questions and minimum qualifying score is 50%.
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Content on this page is by Career Expert Mrs. Kum Kum Tandon MA (Psychology), M.Ed, Diploma in Educational Psychology, Vocational Guidance & Counseling (NCERT, Delhi) | View Complete Profile |