COMMODITIES TRADING
What is Commodities Trading? A commodity refers to any material that has its own intrinsic value and can be exchanged for money or other goods and services. Investment and trade-related commodities include fuels, agricultural products, and metals, etc., which are traded in bulk on a spot market or on a commodity exchange. There are two kinds of raw materials on the market, namely hard raw materials and soft raw materials. Hard raw materials are often used as inputs for the manufacture of other goods and the provision of services, while soft raw materials are used mainly for initial consumption. Inputs such as metals and minerals are classified as hard raw materials, while agricultural products such as rice and wheat are softer raw materials. Since different manufacturers produce the goods available on the bags, the quality is different, but according to some criteria it has to be essentially the same for different manufacturers. Commodities are traded on the spot market or on the ...