What option should I choose for Commodity classification to enable MCX?
You can choose one of the following categories:
- Farmers/FPOs: If you are a farmer, part of farmers’ cooperatives or belong to Farmers Producers Organisations (FPOs).
- Value chain participants (VCPs): If you are a participant such as 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/FPO.
- Others: If you intend to trade on MCX and does not belong to any of the above classifications.