Commodity pricesUsually means the prices of raw materials and primary products.
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.
Could 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).
Intercommodity spreadIntercommodity spread
In the commodities market, a spread consisting of a long position and a short position in different but related commodities for example, speculating that the price relationship between the two commodities will change, e.g., platinum and gold.
Commodity Trading AdvisorCommodity Trading Advisor
An investment manager that focuses on long and short trading in the futures markets. The trades are often intraday trades. Sometimes referred to as **Managed Futures.
Commodity backed bondCommodity backed bond
A bond with interest payments tied to the price of an underlying commodity.
Further SuggestionsExport Commodity Control List
Commodity Futures Trading Commission (CFTC)
London Commodity Exchange
Commodity Research Bureau
Commodity Trading Advisor
London Commodity Exchange (LCE)
Malaysia Commodity Exchange
Commodity Credit Corporation
Commodity Futures Trading Commission
Commodity futures contract
Tokyo Commodity Exchange (TOCOM)
The Harmonized Commodity Description and Coding System
Commodity pattern of trade