Commodity Market Timings in India

One thing to keep in mind when it comes to commodity market timings in india is that the market hours are significantly longer. Let’s take a look at a certain key component of commodity market timings, and also a list of commodity market holidays, to better comprehend commodity market Time in India.

Commodity Market Timings in India

For commodity market trading hours, we’ll look at the market’s actual hours, as well as the list of trading and clearing holidays. The following are the standard commodity Trading Time:

Working Days

The exchange’s Commodity Derivatives component will be open for trading Monday through Friday. This excludes Saturdays and Sundays, as well as holidays specified in advance by the Exchange and communicated to its members.

Commodity Market Time

The derivatives segment’s commodity market timings are as follows:

Special Season

8:45 am to 8:59 am, from Monday through Friday. Prior to the market opening, a special session called a “order cancellation session” is held to cancel any pending orders.

Normal Timing

9:00 a.m. to 11:30 p.m., Monday through Friday.

(up to 11:55 p.m. due to daylight savings time, which normally occurs between November and March of each year) Agri-commodities are accessible for futures trading until 5:00 p.m., while bullions, metals, and energy products are only available until 11:30 p.m. or 11.55 p.m., and international referenceable agri-commodities are only available until 9:00 p.m., according to SEBI’s notification.

  • Commodity Market Open: 09:00 hrs
  • Commodity Market Close: 23:30 hrs
Commodity Section Trading starts at Trade end timing (after start of us daylight savings in spring season) Trade end timing (after end of us daylight savings in spring season)
Globally Referenced Non-Agri Commodities 09:00 AM 11:30 PM 11:55 PM
Trade amendments 11:45 PM 11:59 PM
Position Limit/Collateral value set-up /cut-off end timing 11:45 PM 11:59 PM

 Commodity Trading Holidays

Since commodity trading can only take place on the commodities exchanges’ designated trading days, let’s have a look at the list of trading and clearing holidays. The whole list of trading holidays for this year is listed below, and this list varies each year.

Serial Number Date Day Holiday
1 26-Jan-2023 Tuesday Republic Day
2 07-Apr-2023 Friday Good Friday
3 04-Apr-2023 Sunday Mahavir Jayanti
4 01-May-2023 Saturday Maharashtra Day
5 15-Aug-2023 Sunday Independence Day
6 02-Oct-2023 Saturday Mahatma Gandhi Jayanti
7 25-Dec-2023 Saturday Christmas

Many holidays, nevertheless, fall on a Saturday or Sunday, and hence would be considered trading holidays.

Clearing Holidays

There are a number of holidays that are not trading holidays for commodity markets but may be clearing holidays. While banks are closed on some days, commodities trades for that date will not be cleared until the next banking day. A list of similar clearing holidays can be found here.

List of Trading Holidays of MCX Market in 2023

DAY DATE HOLIDAY COMMENTS
Sunday Jan 01, 2023 New Year’s Day Evening Off
Thursday Jan 26, 2023 Republic Day Full Day Off
Saturday Feb 18, 2023 Maha Shivaratri Morning Off
Wednesday Mar 08, 2023 Holi Morning Off
Thursday Mar 30, 2023 Ram Navami Full Day Off
Tuesday Apr 04, 2023 Mahavir Jayanti Morning Off
Friday Apr 07, 2023 Good Friday Full Day Off
Friday Apr 14, 2023 Dr.Baba Saheb Ambedkar Jayanti Full Day Off
Saturday Apr 22, 2023 Id-ul-Fitr (Ramzan ID) Full Day Off
Monday May 01, 2023 Maharashtra Day Morning Off
Wednesday Jun 28, 2023 Bakri Id / Eid ul-Adha Morning Off
Saturday Jul 29, 2023 Muharram Morning Off
Tuesday Aug 15, 2023 Independence Day Full Day Off
Tuesday Sep 19, 2023 Ganesh Chaturthi Morning Off
Monday Oct 02, 2023 Mathatma Gandhi Jayanti Full Day Off
Tuesday Oct 24, 2023 Dasara Morning Off
Sunday Nov 12, 2023 Diwali-Laxmi Pujan** Morning Off
Tuesday Nov 14, 2023 Diwali-Balipratipada Morning Off
Monday Nov 27, 2023 Guru Nanak Jayanti Morning Off
Monday Dec 25, 2023 Christmas Full Day Off

Credit – MCX

Best Time to Trade Commodities

Because not all commodity trading hours will see the same degree of activity, knowing when to enter and exit the market to obtain the greatest outcomes for your strategy is critical.

Best Time to Trade Commodities ()
Best Time to Trade Commodities (Commodity Trading Time in India)

Obviously, the optimum time of day to trade will differ by commodity market and each commodity exchange, but below are a few typical trading periods for commodities.

  • WTI Crude Oil

WTI crude oil trades at a high volume during the usual pit trading hours of 6:30 pm to 12:00 pm IST.

  • Agriculture

Any release of the World Agricultural Supply and Demand Estimates (WASDE) report would impact trading volume on agricultural markets, such as corn, wheat, and soybeans, and hence prices.

  • Gold

Around the time the London session opens at 1:30 pm (IST) and the New York session opens at 2:30 pm (IST), there is normally more volatility (7:00 pm IST). This is because there is a rush of orders immediately when the opening bell rings.

Equity Market timings

The following table describes the entire stock market operation hours in India.

Share Market Timings
Share Market Timings(Commodity Trading Time in India)
S. No.  Name Time 
1. Pre-opening Trading Session 9.00 a.m. – 9.15 a.m.
2. Normal Trading Session 9.15 a.m. – 3.30 p.m.
3. Post-closing Trading Session 3.30 p.m. – 4.00 p.m.
  • Pre-opening Session

The pre-opening session will start at 9:00 a.m. and end at 9:15 a.m. It’s also divided into three sections. During one of these segments, you can place orders to buy or sell stocks for a limited time. Let’s look at the details of the pre-opening meeting.

  • Normal Trading Session

This is referred to as the nonstop trading session, which runs from 09:15 a.m. to 03:30 p.m. You have complete freedom to trade, issue buy or sell orders, and change or cancel your buy or sell orders during this time.

During this window of share market timings, a bilateral order matching approach is applied. This means that every sell order is matched with a buy order at the same price, and vice versa.

  • Post-closing Session

This session begins at 3:30 p.m., after the regular trading session closes. The post-closing session is separated into two segments and lasts until 4:00 p.m.

The closing prices of equities are computed in the first segment using the weighted average of stock prices traded throughout 03:00 PM and 03:30 PM during these 10 minutes.

During the second portion of the 20-minute period, you can still make buy and sell orders. Orders, on the other hand, are only confirmed if there are enough buyers and sellers in the market.

Conclusion

Commodity trading timings are almost 24 hours a day, five days a week, with the exception of Friday evening through Sunday when the market is closed.

This is all from our side regarding Commodity Trading Time in India. Although, if you have any doubts you can just comment below about commodity market timings.

Other Interesting blogs related to Commodity Trading Timings:

Share Market Timings

Intraday Trading Time

IPO Listing Time

Intraday Trading Time
Intraday Trading Time

FAQ About commodity market timings india

Commodity trading time in Zerodha?

Commodity trading time in zerodha is 09:00 AM to 11:55 PM. However, all Intraday positions for Non-Agri commodities will be squared off 25 minutes(11.30 PM) before market close at 11.55 PM.

Commodity market timings today

Commodity market timings today is 09:00 AM to 11:55 PM.

Crude oil trading time in India?

Crude oil trading time in India is 09:00 A.M. to 11:30 P.M. from Monday to Friday.

MCX trading time?

Agricultural commodities can be exchanged on all business days between 10:00 a.m. and 5:00 p.m. (Monday to Friday).

Commodity market timing in India 2021

Agricultural commodities can be exchanged on all business days throughout 09:00 a.m. and 5:00 p.m. (Monday to Friday). Non-agricultural commodities can be traded from 09:00 a.m. to 11:30 p.m. in the summer and 10:00 a.m. to 11:55 p.m. in the winter.

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