Global Commodities | Trading Precious Metals, Coffee, Cotton

  • Published 5 months ago
  • Not Rated

Commodities are basic goods used in commerce that are interchangeable with other commodities of the same type. In economics, commodities are an economic good or service that has full or substantial fungibility. In other words, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.

The quality of any given commodity may differ slightly, but generally, they are uniform across producers. This documentary takes a look at some of the common commodities, including metals, energy, livestock, meat, agricultural, and more.

Commercial traders and commodity producers risk hundreds of millions in a single transaction on any given day. After watching the documentary, you will have a better understanding of the commodity market, and how it works.

From Around the Web

Related Videos

Economics
financial crisis 2008
youtube icon
01:35:54

The financial crisis of 2007-2008 is also known as the global financial crisis. It was a severe worldwide economic crisis considered by many the most serious financial crisis...

  • 292
  • 2 weeks ago
  • 1(1)

When students in the US graduate, they have an average of $37172 in student loan dept. Across the country, that is about $1.5 trillion. Now that is a huge number.There is no ...

  • 359
  • 1 month ago
  • Not Rated
Travel
chengdu silk road
youtube icon
22:56

Chengdu is the capital of southwestern China’s Sichuan province. The history of the city dates back to at least the 4th century BC, when it served as the capital for the Sh...

  • 378
  • 2 months ago
  • Not Rated

Since becoming a president, Donald Trump has made a point of Making America Great Again. And in his mind, that meant putting America in front of every other country. So, with...

  • 616
  • 5 months ago
  • Not Rated
Avatar

4,092 Videos / 10,585,034 Views
Tags

Related Articles
Facebook announced it will launch its own cryptocurrency, Libra, in the first half of 2020. How will it affect the marke...
  • 676
  • 5 months ago
According to a poll, Americans say you need an annual income of about $100,000 to be considered rich. In the poll, Ameri...
  • 922
  • 9 months ago
These days, most of the universities of economics and business in the world teach their students about the origin of eco...
  • 994
  • 9 months ago
More than 40% of the total gold mined in the world has come from Basin, South Africa
  • 8,407
  • 1 year ago