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Commodity Bundle |
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Commodity BundleOne unit of the collection of the complete set of goods produced and sold in the world market.Commodity Bundle Similar MatchesCommodity (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. Commodity futures contractCommodity futures contractAn agreement to buy a specific amount of a commodity at a specified price on a particular date in the future, allowing a producer to guarantee the price of a product or raw material used in production. 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. Commodity Research BureauCommodity Research BureauProduces a popular price index of 17 commodities which is often used to track inflationary trends in the economy. Cash commodityCash commodityThe actual physical commodity, as distinguished from a futures contract. Further SuggestionsExport Commodity Control ListCommodity Commodity backed bond Commodity Credit Corporation London Commodity Exchange Commodity Trading Advisor Spot commodity Primary commodity London Commodity Exchange (LCE) Commodity Trading Advisor Commodity pattern of trade Commodity prices Malaysia Commodity Exchange Intercommodity spread Commodity indices Physical commodity Tokyo Commodity Exchange (TOCOM) Commodity Futures Trading Commission (CFTC) Commodity paper Commodity Futures Trading Commission Intracommodity spread Commodity Commodity agreement |
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