Nirmal Bang organises camp on investing in commodities

V. Sajeev Kumar Kochi | Updated on March 18, 2011

Nirmal Bang Commodities Pvt Ltd, a broking house, on Friday organised ‘Beyond Mandi', a one-of-its-kind investor education camp here in association with Zee Business.

The education camp is being held to educate investors and traders on the art of investing in the commodity markets. Experts from the industry shared their insights into the commodity markets.

Kochi has been regarded as an important spice-trading centre on the southern coast of India from time immemorial. Merchants here have been trading in cardamom and black pepper for more than six centuries. Besides these two commodities, they have been trading in nutmeg, maize, ginger, rubber, etc.

Speaking at the event, Mr Anjani Sinha, Managing Director and chief executive, National Spot Exchange Ltd, said there is immense opportunity in the spot and futures market. The exchange is offering products like e-gold, e-silver and e-copper.

Mr Kunal Shah, Head – Commodity Research at Nirmal Bang Commodities, said it is known that no one invests in gold as much as the people of Kerala. However, there is immense potential in commodities like spices, guar seed, guar gum and silver, he said.

The next camp will be held in Ahmedabad on April 22.

Published on March 18, 2011

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