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A Commodity is an item traded strictly on price. This can be anything--for instance, Windows PCs are a commodity item. When a company wants to buy some computers, they decide how much RAM, how much disk space, the size of the monitor and so on, and then they usually buy the cheapest PC that meets all those specs.

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Bulk products, such as metal, grain, or food that are traded on the commodities exchanges.

Commodities are objects that start of the planet like fruit juice, wheat, cattle, gold and oil. folks obtain and sell commodities supported speculation.
In a commodities market, all vendors of a product are selling the exact same thing. Wheat is wheat, corn is corn, lead is lead and so on.

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10y ago
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11y ago

A class of goods for which there is demand, but which is supplied without qualitative differentiation across a market.

Examples of commodities:

- Gold

- Oil

- Silver

- ...

Gold everywhere is almost the same

Oil everywhere is almost the same too...

There is no qualitative differentiation across the market.

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11y ago

They are products that are sold by a fair price because they are basic and generally necessary, especially household supplies. Basically all sort of groceries and shops buy and sell the same product for the same price.

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11y ago

Commodity - Raw materials that can be bought and sold, A transportable article of commerce, or trade. ex: corn, coffee, sugar, Orange Juice, or wheat.

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13y ago

Commodities exchanges are typically organizations that are owned by trading members and are organized to facilitate transactions between buyers and sellers of various commodities

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14y ago

Food, Clothes and shelter

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Q: What are commodities?
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What changes observed in primary commodities?

The freshness of the primary commodities is the observed changed. Primary commodities refers to the commodities in unprocessed state.


What is a buyer and seller of commodities for profit called?

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Why did some ancient Greek settlements trade?

To exchange their surplus commodities for other commodities they needed. To make a financial profit from trading commodities and services.


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You can trade commodities online, all you need is an Internet connection and to choose commodities trading platform. see the related links below.


Where can I find instructions on how to trade commodities?

You can learn how to trade commodities on the following website: http://commodities.about.com/od/researchcommodities/u/commodities-trading-path.htm. They have useful info.


What could one find on the website Futures and Commodities?

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What has the author Piero Sraffa written?

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