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Commodity

Warehouse Receipt

It is issued by the warehouse operator on behalf of the owner of the goods, and serves as proof of ownership and a negotiable instrument in financial transactions.

A Warehouse Receipt is a crucial document that validates the ownership or possession of a commodity stored in a licensed warehouse. This document is issued by the warehouse operator on behalf of the owner of the goods. It not only serves as evidence of ownership, but also acts as a transferable instrument in financial dealings. In simpler terms, it is a certificate that confirms the existence and control of commodities within a warehouse.

FCI

(FCI) is a government-owned corporation responsible for procurement, storage, and distribution of food grains across India. The Food Corporation of India, or FCI, is a gove...

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NMCE

Welcome to the National Multi Commodity Exchange, India's pioneering De-Mutualised Electronic Multi-Commodity Exchange located in Ahmedabad. This exchange was granted the Na...

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Invisible Supply

Think of invisible supply as the hidden stock of a commodity that is not yet accounted for in the market. It is the supply that has not been measured, separated, or stored i...

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Cost & Freight

As we delve into the world of finance, one term that often comes up is "cost and freight." This refers to the expenses incurred in getting goods to their designated port. ...

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