Soft commodity Soft commodity Soft commodities, or softs, are commodities such as coffee, cocoa, sugar, corn, wheat, soybean, fruit and livestock. The term generally refers to commodities that are grown, rather than mined; the latter (such as oil, copper and gold) are known as hard commodities. Soft commodities play a major part in the futures market. They are used by farmers wishing to lock-in the future prices of their crops, by commercial purchasers of the products, and by speculative investors seeking a profit. Sometimes the term "soft" is restricted to commodities which are identified as primarily tropical, such as coffee, cocoa, sugar,
Commodity trading in India is Forward Markets Commission (FMC) which was set up in 1953. As of September 2015 FMC was merged with the Securities and Exchange Board of India, SEBI.After this merger sebi has been ordered to exit many commodity exchanges. Commodity trading in India Commodity trading in India has a long history. In fact, commodity trading in India started much before it started in many other countries. However, years of foreign rule, droughts and periods of scarcity and government policies caused the commodity trading in India to diminish. Commodity trading was restarted in India recently. Today, apart from numerous regional exchanges, India