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.
- - - - -
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.
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.
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.
Commodity - Raw materials that can be bought and sold, A transportable article of commerce, or trade. ex: corn, coffee, sugar, Orange Juice, or wheat.
Commodities exchanges are typically organizations that are owned by trading members and are organized to facilitate transactions between buyers and sellers of various commodities
Food, Clothes and shelter
The freshness of the primary commodities is the observed changed. Primary commodities refers to the commodities in unprocessed state.
It depends: are we talking about commodities CONTRACTS, or the commodities themselves? A person who specializes in buying and selling commodities futures and options is a commodities broker. Someone who buys and sells the physical good--lumber, wheat, whatever--is a commodities dealer.
Commodities are services and goods. Soft commodities are goods that are grown, hard commodities are goods that are mined. A futures is a contract to buy commodities or financial instrument set in certain time in the future. These contracts are traded.
It is a Letter of Credit covering commodities.
Commodities Corporation was created in 1969.
The population of Danske Commodities is 135.
gold, silver, copper, oil and bronze are the top 5 commodities. they are widely traded in commodities market.
To exchange their surplus commodities for other commodities they needed. To make a financial profit from trading commodities and services.
You can trade commodities online, all you need is an Internet connection and to choose commodities trading platform. see the related links below.
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.
Futures and Commodities is a website dedicated to following the prices of commodities like natural gas, oil, and gold among others. The site also takes a look at the past and potential future of these commodities.
Piero Sraffa has written: 'Production of commodities by means of commodities'