The commodities have been classified into various types, just for the sake of ease in trading, ease in research and making the trading process an even simpler process.
Energies: This is one of the most active sectors when it comes to trading. It includes the energy-producing resources like crude oil, fossil oil, heating oil, propane, natural gas, coal, etc. These being the most profitable and volatile commodities, the exchanges have set up a lower limit for their trading.
Metals: This category consists of the popular metals which are traded as commodities on the exchange. Thus most of the metals like iron, copper, zinc, aluminum, silver, gold etc are traded on the metals index.
Types Of Commodities Grains: The next most actively traded thing which belongs to the list of commodity types are grains. This includes sugar, soybeans, cotton, rice, cocoa, wheat, corn and the list can also include many other agricultural products. So this category includes the largest amount of commodities.
Softs: This type includes materials like coffee, hot chocolate, banana, refined sugar, cotton wool and orange juice as the name ‘softs’ suggests the non volatile nature of these commodities. But the most important commodity in this type is Coffee, Refined sugar and Hot chocolate Exchange or CSCE, and it takes up a bulk of the trading volume in this category.
Meat: Meat has always remained a popular commodity. This includes live cows, pork, poultry, etc. These are the least volatile among commodities.
Financials: The last but not the least type when it comes to commodities. This type is discussed mostly due to their being listed as merchandizes in place of actual goods as they are the commodities which have been named on same exchanges.
Energies: This is one of the most active sectors when it comes to trading. It includes the energy-producing resources like crude oil, fossil oil, heating oil, propane, natural gas, coal, etc. These being the most profitable and volatile commodities, the exchanges have set up a lower limit for their trading.
Metals: This category consists of the popular metals which are traded as commodities on the exchange. Thus most of the metals like iron, copper, zinc, aluminum, silver, gold etc are traded on the metals index.
Types Of Commodities Grains: The next most actively traded thing which belongs to the list of commodity types are grains. This includes sugar, soybeans, cotton, rice, cocoa, wheat, corn and the list can also include many other agricultural products. So this category includes the largest amount of commodities.
Softs: This type includes materials like coffee, hot chocolate, banana, refined sugar, cotton wool and orange juice as the name ‘softs’ suggests the non volatile nature of these commodities. But the most important commodity in this type is Coffee, Refined sugar and Hot chocolate Exchange or CSCE, and it takes up a bulk of the trading volume in this category.
Meat: Meat has always remained a popular commodity. This includes live cows, pork, poultry, etc. These are the least volatile among commodities.
Financials: The last but not the least type when it comes to commodities. This type is discussed mostly due to their being listed as merchandizes in place of actual goods as they are the commodities which have been named on same exchanges.