What is the commodities market?
It is clear what is sold on the commodities market. The question is: what kind of commodities are being sold and how? There are three main types of commodities: key agricultural products like corn and wheat; metals like steel and aluminum; and energy-bearing products like oil and gas. The main trade in goods takes place on the exchanges, which set their own rules. For example, a buyer and a seller do not exchange a barrel of oil on the market. The trade is completed via derivatives, called futures. Read more »