What is a commodity ?

Answer A commodity is any type of physical substance that can be traded or invested through futures contracts. The most commonly traded commodities are grains, foods, and metals. The pricing of the commod... Read More »

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What is a commodity code?

A commodity code is a numeric classification system used to descibe specific goods that are prepared for import or export from a country of origin. The codes are used in preparing import/export doc... Read More »

What Is a FOREX Commodity?

Foreign exchange (FOREX) investors trade in foreign currencies. The value of some foreign currencies is strongly linked to sales of commodities like metals and food crops, and these are known as FO... Read More »

What is the commodity market?

Commodities are tangible goods such as agricultural products, natural resources and animal products. Commodity traders buy and sell commodities in markets, similar to the way investors in other fin... Read More »

What is the meaning of commodity boom?

A commodity boom occurs when the price of a commodity rises very quickly in a short period of time. There are several economic factors that can cause a commodity boom.CommodityA commodity is a trad... Read More »