Overview
Commodities are basic raw materials. Sometimes they represent a final good to be purchased and consumed, other times that serve as inputs into production of other goods or services.
Commodities are traded in markets like any other economic good, and subject to the same laws of supply and demand
Commodity Prices
Most commodities are not traded directly, rather commodities are traded using future and forward contracts. As such, there isnt a single price for a commodity, but multiple prices, one for each contract currently being traded. In addition, forward contracts trade only up to maturity, meaning that there are a number of price series, each of which only trades for a limited amount of time.
Topics
Commodities
Below is a list of common traded commodities.