there are 2 different definitions of commodity markets; the securities one
and the one where we all buy and sell things. A commodity is something
we sell but in the securities world, it means minerals, orange juice, etc.
they are global
Commodity markets are markets where raw or primary products are exchanged. These raw commodities are traded on regulated commodities exchanges, in which they are bought and sold in standardized contracts.
Just Pork., Dead carcas of Pig ! Traded in commodity markets. a.k.a Bacon, Lard etc
OBM, Official Board Markets.
Marketable commodity, even for the bourgeois houses
gold
gold
Custom duty
The main purpose of a commodity market is to provide a platform for the buying and selling of goods. These transactions can be both physical and virtual
Lind-waldock.com is a great website for commodity charts because of them in all markets around the world.
One can find commodity futures prices from the following sources: Saxo Markets, Bloomberg, Barchart, PSG Online, Commodity Charts, Investopedia, to name a few.
Three examples of resource markets include the labor market, where workers offer their skills in exchange for wages; the commodity market, where raw materials like oil, metals, and agricultural products are traded; and the capital market, where financial assets such as stocks and bonds are bought and sold to fund businesses and projects. Each of these markets plays a crucial role in allocating resources efficiently within the economy.