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What should be selected for Commodity trade classification?

Clients are required to select the classification based on the category they come under:

  • Farmers/FPOs: If a client is a farmer, part of farmers’ cooperatives or belong to Farmers Producers Organisations (FPOs).
  • Value chain participants (VCPs): If a client is a processor, commercial user as dal and flour miller, importer, exporter, physical market trader, stockist, Cash & Carry participant, produces, SME/MSME & Wholesaler etc., but not a farmer or a FPO.
  • Others: If a client intends to trade on MCX and does not belong to any of the above classifications.