Alice Blue sees growth in Commodities trade

Mr. Sidhavelayutham, CEO and Founder, Alice Blue

Bengaluru, October 25:  Alice Blue has registered healthy growth in Commodities trade during the first two quarters of FY 2022. The firm has registered a quarter-on-quarter growth of 36% in and 15% for Q1 and Q2 2022 compared to corresponding period last year. Crude Oil, Natural Gas, and Aluminium were among the highest-grossing commodities traded at Alice Blue.

Mr. Sidhavelayutham, CEO and Founder, Alice Blue said, “despite the volatility in the global markets due to the ongoing war & other global factors, traders and investors have shown increased optimism in the commodities market. We are hopeful that this trend will show positive results over the next two quarters as well.”

Considering market speculations, the majority of the market experts are signaling a positive nod to the energy segment (Crude, Natural Oil) of the commodity market. Talking about the other categories, the experts are offering mixed predictions. But overall, the market looks promising as of now, and with good research and proper knowledge, traders and investors will be able to cash out profits from commodity trading.