OBM, Official Board Markets.
Changes in prices time by time due to inflation or demand of commodity.
When the supply of a commodity exceeds demand, prices typically fall, not rise. This occurs because sellers may lower prices to attract buyers and reduce excess inventory. Conversely, when demand exceeds supply, prices rise as consumers compete for the limited availability of the commodity. Thus, the relationship between supply and demand is fundamental in determining market prices.
price of a commodity, the higher the prices, the lower the demand if there is not a equiblirum condition between demand and supply then it affect commodity demand , inflation and income, and monopoly in some commodity in some area is also affect demand of commodity
Lower supply and/or greater demand make prices for a commodity rise.
Commodity prices are quoted on either a spot or future basis on an electronic board each time they change. Future prices are quoted based on the date of delivery of the contracted commodities.
The NASDAQ reports current commodity prices daily. Current commodity prices can also be found in the financial section of local newspapers.
One can find commodity futures prices from the following sources: Saxo Markets, Bloomberg, Barchart, PSG Online, Commodity Charts, Investopedia, to name a few.
It is possible to find the commodity prices for gold in a number of places. These include CNN Money and NASDAQ. This information can also be obtained through consulting a stockbroker, who would be able to provide up to date details.
Check the financial section of your local newspaper or use a financial site such as CNNMoney.com.
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A person can get the latest Nybot commodity prices from a few different places. Some of these places include Trading Charts, INO, and The New York Commodity Exchange.
There are many reasons high commodity prices and low interest rates help to maintain share prices. This keeps the market competitive.
Changes in prices time by time due to inflation or demand of commodity.
When the prices of the commodities fall, the demand of that commodity usually increases. On the same note the supply of the given commodity usually decreases as well.
There wouldn't be a great demand for the commodity as, lower ther the prices, more the demand of the commodity.Remember, Demand for a product increases when the prices of its complements decreaseANSWER: Supply and demand
Changes in prices time by time due to inflation or demand of commodity.
price of a commodity, the higher the prices, the lower the demand if there is not a equiblirum condition between demand and supply then it affect commodity demand , inflation and income, and monopoly in some commodity in some area is also affect demand of commodity