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What should I select for commodity trade classification?

You need to select the classification based on the category you belong to:

  • 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 processor, commercial user such as dal and flour miller, importer, exporter, physical market trader, stockist, Cash & Carry participant, producer, SME/MSME, or wholesaler, but not a farmer or FPO.
  • Others: If you intend to trade on MCX and do not belong to any of the above classifications.