AI-Powered Commodity Trading for India
India is one of the world's largest consumers of base metals — from Hindalco and Vedanta's primary production to thousands of downstream manufacturers. Novaex brings integrated MCX and LME pricing, INR-denominated analytics, and SEBI-ready compliance to Indian commodity trading firms.
The Indian Base Metals Landscape
Indian base metals firms operate at the intersection of global LME prices and domestic MCX markets, with INR/USD currency risk adding another layer of complexity. Most firms still rely on spreadsheets to bridge these data sources — manually converting currencies, reconciling exchange prices, and tracking positions across systems. Novaex eliminates this fragmentation with a unified, India-first platform.
Purpose-Built for Indian Commodity Markets
Integrated MCX & LME Pricing
Real-time pricing from both MCX and LME for aluminum, copper, and zinc. See Indian and international benchmark prices side by side with automatic INR/USD conversion.
INR-Denominated Analytics
All position management, Mark-to-Market, and P&L reporting available in INR. Designed for Indian firms that report in rupees while trading on dollar-denominated exchanges.
SEBI Compliance Readiness
Novaex is actively working towards SEBI registration, expected by June 2026. The platform is being built to meet Indian regulatory requirements for commodity trading technology.
India-Specific Market Intelligence
Track domestic premiums, import duties, and regional supply-demand dynamics specific to the Indian base metals market. Understand how global LME moves translate to Indian pricing.
Why Indian Firms Choose Novaex
The modern commodity platform designed for India's base metals ecosystem.
MCX + LME Coverage
The only platform you need for both Indian and international base metals pricing.
Regulatory Ready
Built for SEBI compliance with full audit trails and regulatory reporting capabilities.
Currency Integration
Automatic USD/INR conversion with real-time FX rates for accurate rupee-denominated analytics.
Industry Coverage
Serves Indian manufacturers (Hindalco, Vedanta ecosystem), traders, processors, and exporters.
Frequently Asked Questions
Join India's Modern Commodity Platform
Get integrated MCX and LME pricing, INR-denominated analytics, and SEBI-ready compliance for your base metals operations.