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 audit-ready reporting 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 Registered Research Analyst
Aeonis Technology Private Limited, which operates Novaex, is registered with SEBI as a Research Analyst (INH000030047). The platform is 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.
Audit-Ready By Design
Immutable audit trails and regulatory reporting built in, so your own compliance obligations are straightforward to evidence.
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
Where else we operate
Novaex serves base-metals teams across these regional markets — each with its own exchange, currency and supplier patterns.
Southeast Asia Metals
ASEAN base-metals trading with SHFE-led pricing signals and multi-currency exposure.
Middle East Metals Trading
GCC smelter and trading hub coverage with multi-currency analytics for AED, SAR and USD desks.
EU LME Trading
EU desks with Rotterdam and CIF port premiums, EUR reporting and MiFID II readiness.
UK Metals Trading
London desk with the LME as a domestic market, UK delivered cost and sterling reporting.
North America Metals Trading
US and Canadian desks with Midwest Premium, tariff exposure and USD/CAD reporting.
Join India's Modern Commodity Platform
Get integrated MCX and LME pricing, INR-denominated analytics, and audit-ready reporting for your base metals operations.