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  2. Trading & Traders
  3. Commodity Trading
  4. What is commodity trading?

What is commodity trading?

elandicaprio
2022-10-26 12:11:29

Commodity trading is an alternative to trading stocks, bonds, and cryptocurrencies. There are different types of commodity trading which are hard, energy, livestock, and agriculture or soft commodity. The hard commodity trading involves trading in precious metals that are mined or extracted like gold, silver, copper, platinum, and energy commodities like oil and natural gas. Commodities such as wheat, sugar, corn, and cocoa are known as soft commodities or agriculture. Unlike hard commodities, they are products that are grown, rather than extracted or mined.

What do you think of commodity trading?

Post Reply  
tylerwinklevoss
2022-10-26 12:22:35

commodities are raw materials, basic resources, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced unspecialized products such as chemicals and computer memory. There are can be bought and sold.