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Commodities

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

845 Questions

In Limited Physical market?

Limited Physical Market - Salient Features

  • Trading is conducted in the Odd Lot market (market type 'O') with Book Type 'OL' and series 'BT'.
  • Order quantities should not exceed 500 shares.
  • The base price and price bands applicable in the Limited Physical Market are same as those applicable for the corresponding Normal Market on that day.
  • Trading hours are the same as that of the normal market and order entry during the pre-open and post-close sessions are not allowed.
  • Settlement for all trades would be done on a trade-for-trade basis and delivery obligations arise out of each trade.
  • Orders get matched when both the price and the quantity match in the buy and sell order. Orders with the same price and quantity match on time priority i.e. orders which have come into the system before will get matched first.
  • All Good-till-cancelled (GTC)/Good-till-date (GTD) orders placed and remaining as outstanding orders in this segment at the close of market hours shall remain available for next trading day. All orders in this segment, including GTC/GTD orders, will be purged on the last day of the settlement.
  • Trading Members are required to ensure that shares are duly registered in the name of the investor(s) before entering orders on their behalf on a trade date.

I found this information on NSE website. I think physical markets if any will have similar features around the world.

Siddalingesh Zalaki

Equity Analyst

Sanlam Equity Analytics India

Why is rice a useful food commodity for the caterer?

It's greatest commodity to the caterer is cost savings: price, durable, versatile, storage, shipping cost, and portion cost control.

Rice is has the lowest water weight volume dry - pending quality can expand cooking 1:2 ratio or 1:3 ration dry to cooked. best quality 1:6 ration expansion

Unlike Dry pasta you don't loose dry product from breakage - grains are durable, long shelf life and require no box packaging so lowers the cost via shipping in bags. Long shelf life again pending quality and storage conditions 6months 3yrs average brown rice lower storage ability but some (white rices up to 8-10yrs this variety is high quality low water volume with expansion ration 1:4 or 1:6).

There are grades acceptable for food industry High, High moderate- moderate. So price varies as rice grain qualities may be blended for cost reason. Retail moderate-high pending ration in a ethnic retail costs $16 for 25lbs - while wholesale distributor is $8 out of that 25lbs is 300 (1/2 cup per portion) using a moderate 1:2 ratio so retail $0.05 while whole sale is $0.02 per serving. For this reason one can double or triple serving size as a filler to downgrade meat or fresh produce expense. Due to rices mild flavor and ability to accept flavor as favorable opportunity utilizing thinner sauces or gravies.

If rice is over cooked it can be salvaged for puddings or pending burnt status ground to make flour starch broth with strong spices - the sources come from various markets some very cheap such as India, Vietnam and pricey via higher grade quality such as Japan even local California. It's not uncommon to get lower costs at volume where 4portion servings to reduce meat & produce costs average 1/4 to 1/8 a penny per extra portion serving size. The main reason why some sort of sauce/broths expands this fillers option as disguising in flavor the consumer is getting less vegetable or meat.

Hence why it's utilized as the food of choice servicing malnourished and impoverished regions of the world. As like any grain can be fortified with added nutrients - over cooked with excess water to make broth for those too weak to fully digest solid foods as easily modified or some varieties are very low glycemic and no glutton as well.

For this reason it enables many caterers options to fill specific nutritional restriction requests as well as cost savings in food service expenses as well. The most valued is the versatility as there is quality blends so as variety: black, wild, long, short, green, and red or fermented varieties offering color, texture and even flavor. This expansion also include the variety of rice flours some blended to concoct diverse options of elasticity, lightness and even absorption revolutionizing options in baking/pastries. Or enable full range of glutton free product even rice pastas.

Hence made ahead rolls/pastries (room temp or frozen up 6mth) that can be steamed and expanded slightly and sit under moderate temperatures in broth or thin sweet sauces absorbing and same time with starch releasing abilities to thicken sauce to gravy or sweet thin syrups to thick glazes. Since water is makes up a majority of the dish it's lower calories and costs are avidly finding favor with caterers as well as the entire food service industry!

*Note prices are based off blend grades 2012 in the U.S. Mid-Atlantic region, diverse varieties and blends of flours or etc based off uses tested in China, Japan, Europe and Culinary/Agricultural Research in U.S.)

What is the difference between a commodity and a good?

Commodity is what is used to produce a Goods.Goods gets to the end user.

Example; Flour (commodity) and Bread (Goods).

How much does 1lb of gold cost?

It changes on a minute-by-minute basis, but there are 12 troy ounces of gold in a pound (a troy ounce is heavier than a regular ounce) so, multiply the current spot price of gold by 12 and you've got it.

Who is Ecologix Resource Group?

HUMAN Ecologix Resource Group, Inc. (OTCBB: EXRG) is a natural resource company focused on the growing, harvesting, and marketing of high quality timber and will pursue the production of alternative energy solutions. The Company manages a tropical hardwood forest in Cameroon, Africa. The Company grows and harvests trees for the use of lumber and other fine wood products.Ecologix works with the United Nations to develop harvesting standards that are environmentally friendly and will not impact the Company's production or increase global warming. Additional, the Company will also produce alternative energy such as ethanol and biodiesel. The Company was formerly known as Battery Control Corp. and changed its name to Ecologix Resource Group, Inc. on July 14, 2009. Ecologix Resource Group was founded in 2007 and is based in Beverly Hills, California.

Ecologix has successfully partnered with the local tribe council and the central government of Cameroon to acquire concessions that already contain the richest types of hardwood in the world. Ecologix is equipped to supply timber to the local market and export products internationally. Ecologix is working closely with the United Nations to develop timber exploitation standards that will provide a global acceptance of environmentally friendly harvesting practices that will not impact a company's ability to operate and grow profits or increase the threat of global warming through the destruction of rainforests around the world.

Cameroon is known to be one of the richest countries in Africa in terms of tropical timber. The country has approximately 21,245,000 hectares of forest coverage area and includes a large amount of commercial tree species. The main commercial species are Ayous (Triplochiton scleroxylon), Sapelli (Etandrophragma cylindricum) and Azobe (Lophira alata). Together with Frake (Terminalia superba) and Iroko (Milicia/Chlorophora excelsa, Milicia/Chlorophora regia). These species represent 75% of Cameroon's timber production.

What is commodity transaction tax?

This tax is 0.01 percent and it is assessed when trading non-agriculture commodity derivatives. It has the potential to affect the trading of metals, including gold and silver.

Are shares of MCO Resources Inc worth anything today?

I understand that MCO was taken over in 1988 by United Meridian Corp and shares were purchased at $0.40 per share.

What is backwardation in commodity markets?

In short, whether we have Backwardation or Contango depends on how the expected future spot prices are quantified and how the related commodity strips behave. Contango and Backwardation in Common Usage Investment professionals on financial TV channels and in newspapers colloquially refer to upward trends in futures prices as contango and downward trends in futures prices as backwardation. Contango and Backwardation in Economic TheoryIn economic theory regarding Backwardation and Contango, associated with John Maynard Keyns and John Hicks, for Contango to exist, expected spot prices (someday in the future) have to be lower than current futures prices for the same future moments, and reverse has to apply for Backwardation. Thus whether we have a contango or bacwardation depends on an arbitrary forward estimate of spot prices. For example, if we estimate that today's spot price, price at which a physical commodity is trading today, is an expected spot price someday in the future, and we see an upward trend in a commodity strip (series of future contracts prices), we see a contango. On the other hand, if the futures prices in a commodity strip trending upwards are considered unbiased estimates of the expected future spot prices, meaning they are equal, there is no Contango or Backwardation to speak of. By the way, upward trend of estimates may be a result of storage expenses.

What are the benefits of trading with other countries?

we get the stuff we dont have from other countries and the stuff we have too much of we can give to other countries.. We benefit from trade from other countries because money is given by overseas countries to pay for the goods or sevices they buy and is put into the Australian economy. By importing we receive goods or services we do not have and benefit from the growing variety.

Who bought the Quick Reilly group?

Quick Reilly was acquired by Merrill Lynch, which was later acquired by Bank of America.

Is a commode a toilet?

Yes, a commode is a type of toilet, specifically referring to a portable or movable toilet often used in situations where a traditional bathroom is not available. The term can also refer to a toilet with a seat and lid, typically found in homes. In both cases, a commode serves the function of waste disposal and is designed for sanitary use.

What is a gold bar?

A gold bar is a rectangular piece of metal, usually an ingot form (an ingot is when the metal is melted and poured in a cast). Gold bars are priced based on the current price of gold per oz.