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Commodities

Spot and derivative markets for trading goods which are uniform in all aspects

845 Questions

How much does Titanium cost for a pound in 2011?

depending on whether you are looking for regular titanium range can cost $ 8.50 per pound and ferro titanium range can cost $2.25 per pound.

What is Commodity-backed money?

Commodity-backed money is just what it sounds like: it's a currency where every unit of money--dollars, say--is backed by a stated amount of a commodity held in reserve by the government.

How does a commodities future differ from buying a commodity outright?

Buying the commodity outright would be considered "Buying Actuals", where as a commodities futures contract is a contract for "Future Delivery."

For example, let's say that you decide to go into the chocolate cake business. One of your business issues would be the price /cost of cocoa and sugar today. In that case you would buy "Actuals" - i.e. you would by the actual sugar and cocoa for use today.

However, another issue is that you will need sugar and cocoa next month, and the month after etc, etc.

Now you might just go ahead and buy a warehouse, and store your sugar and cocoa, but a better alternative would be to "Lock In" at a price that you could work with by "Buying Futures." Buying futures is making a purchase today for future delivery.

The benefit of buying futures is that you now have price stability - you own that contact for delivery, and that now storage, insurance and interest are non factors as they are now built into your purchase price (these are known as carrying costs, or carrying charges.)

So in essence buying today for delivery today is buying actuals where as buying futures is purchasing a contract for delivery on a future date.

Why commodity futures contracts re transferable?

They can be bought and sold but the obligation in the contract remains valid.

Is paper a Commodity?

Yes. It can also be a branded good.

Commodity paper is sold by type of stock and basis weight--80 pound enamel text, for instance. If you call your paper dealer and ask for a skid of 80 pound enamel text in size 25x38, you will get whatever their "house enamel" is at the weight you ask for.

OTOH, if you call the same dealer and ask for "80 pound Utopia blue-white, size 25x38" you will get a very specific kind of paper. And you'll pay a premium for it even if that is the paper company's house sheet--and sometimes it is. (Having said that, though, any paper dealer who has a specific kind of paper as their house sheet--some dealers have a designated house sheet, others just buy whatever they can get the best deal on the amount they need--will tell you what it is.)

What commodities have the most inelastic supply?

In the short run, most commodities have inelastic supply curves. In the long run, with increased investment, supply could become more elastic. I would hazard a guess that the radio - active isotopes used for nuclear fuel such as Uranium-235 have the most inelastic supply.

What Makes something a Commodity?

That it's sold strictly on price and in bulk.

What industrial by-product has become a valuable commodity?

A lot of industrial byproducts are valuable commodities. For instance, two byproducts of silver smelting are lead and zinc because lead, zinc and silver are all found in the same ore.

What does commodities mean?

Commodities are products that are bought and sold exclusively on price, rather than by any special features of the product.

An easy and common example is wheat. There are two kinds of wheat in the market: hard wheat, which is used for bread, and soft wheat, which is used for pastries. All hard wheat works the same, so you buy it on price.

What is a one-commodity country?

countrys that rely on just one or two principal commodities for much of their earnings.

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

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.

What is deflationary policy?

Deflationary policy refers to economic measures implemented by governments or central banks aimed at reducing inflation or curbing excessive economic growth. This can involve increasing interest rates, reducing government spending, or tightening the money supply to decrease consumer demand and stabilize prices. The goal is to maintain economic stability and prevent the negative effects of overheating, such as inflation. However, if applied too aggressively, deflationary policies can also lead to reduced economic activity and higher unemployment.

What is an assential commodity needed for the productive process?

The essential commodities needed for the productive process depend on what the productive process is designed to produce.

A productive process whose end result is rye bread needs far different commodities than a productive process whose end result is trucks.

Where to buy bullion in muscat?

Gold bullions are sold at Lakhoos money exchange outlets in Ruwi, Muscat and Sohar. I'm not sure about the other Lakhoos money exchange houses in other parts of the country.

Also I've heared the Atlas gold jewellers in LULU, Bowshar also sell them.

Which of the following commodities has the most inelastic demand and why?

Housing. housing can't change very quickly because building houses is expensive and time consuming.

How are stock and commodities exchanges governed?

In general, both the stock and commodities exchanges are governed by a board of directors who are elected from the membership of the exchange

What is another word for commodity?

article, asset, belonging, goods, material, object, produce, product, property, and specialty.

What is SAP-ABAP?

SAP ABAP stands for Advanced Business Programming Language, which is developed by SAP, entire SAP ERP is built using ABAP.

SAP has provided some tools(SE38, SE24, SE37 etc) where you can write custom SAP Reports to view/edit/update business data.

This abap programming report for sap in materiel management module ,you can customize this report to analyze purchase orders according to:

1. Account assignment (Lists purchase orders for a given account assignment, for example, by cost center).

2. PO number (Lists all purchase orders within a range of numbers)

3. Archived purchasing documents (Lists POs that have been removed from the system and archived)

4. Requirement tracking number (Lists all purchasing documents created with reference to a series of purchase requisitions having a certain requirement tracking number. The analysis shows the requisitions for which purchase orders have already been created.)

5. Vendor/material (Lists purchase orders created for a particular vendor, material, or material group)

Reference : sapnuts.com

What is commodity branding?

It's pretty much what it sounds like--selling a commodity item (one purchased strictly on price) as a branded item.

Quaker has done this for well over 100 years. There isn't much, if any, difference between the oats Quaker sells and the oats anyone else sells, but by branding they can convince people to buy Quaker oats rather than generic, house-brand or bulk ones.