Like eGold and eSilver, do all commodities trade in the “e” form? For instance, I notice that commodities like maize, corn, etc. have “spot prices”. Once a person buys at the spot price, does it mean that the person has to take the delivery? Can a person choose to hold commodities like maize, corn, etc. in electronic form and then sell them later (like shares from a demat account)?
Please note that I’m not talking about buying futures/options in commodities…but rather “electronic delivery based buying”.
Thanks,
Ram.