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Commodity agreement |
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Commodity agreementSee international commodity agreement.Similar MatchesCommodityCommodityCould refer to any good, but in a trade context a commodity is usually a raw material or primary product that enters into international trade, such as metals (tin, manganese) or basic agricultural products (coffee, cocoa). Export Commodity Control ListExport Commodity Control ListA listing administered by the U.S. Department of Commerce of items requiring validated export licenses for shipment to some or all countries. London Commodity Exchange (LCE)London Commodity Exchange (LCE)Merged with the London International Financial Futures and Options Exchange in 1996. Commodity (commodities)Commodity (commodities)Basic raw materials and foodstuffs such as metals, petroleum, coffee, grain etc.Commodities are traded on a commodity exchange both by the companies that use them (e.g. chocolate manufacturers) and by speculators. Futures contracts allow commodity producers and commodity users to bring some predictability and stability to pricing. By buying futures contracts, they can hedge against underlying price changes in the commodity.In the USA the main ones are the Chicago Board of Trade, Chicago Mercantile Exchange, Kansas City Board of Trade and Mid America Commodity Exchange.In the UK, commodities are traded on the London Metal Exchange, the International Petroleum Exchange and The London International Financial Futures and Options Exchange which incorporates the London Commodity Exchange. The Harmonized Commodity Description and Coding SystemThe Harmonized Commodity Description and Coding SystemCommonly known as Harmonized System. It isa a classification system devised by the Customs Cooperation Council to provide uniformity in tariff classification, trade statistics, and transport documentation among cooperating countries. Further SuggestionsIntercommodity spreadCommodity Futures Trading Commission (CFTC) Commodity Research Bureau Commodity indices Commodity backed bond Physical commodity Cash commodity Intracommodity spread Commodity Futures Trading Commission Primary commodity Commodity Credit Corporation Malaysia Commodity Exchange Commodity paper Tokyo Commodity Exchange (TOCOM) Commodity Bundle Commodity pattern of trade London Commodity Exchange Commodity Commodity futures contract Spot commodity Commodity prices Commodity Trading Advisor Commodity Trading Advisor |
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