Commodities

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A commodity is the generic term for a contract-bound tradable item. Commodities are typically raw materials. Commodities are also known as Futures, as the contract entitles the buyer to item at a date in the future.

Generally, these are basic resources and agricultural products such as iron ore, crude oil, coal, salt, sugar, coffee beans, soybeans, aluminum, copper, rice, wheat, gold, silver, palladium, and platinum. Soft commodities are goods that are grown, while hard commodities are the ones that are extracted through mining.

Commodities are traded on exchanges as contracts for the delivery of goods.


Key Commodities

Exchanges

Commodity contracts are traded on exchanges. Commodities exchanges include:


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