Commodities

List of traded commodities

[edit] Agricultural (grains, and food and fiber)

 

Commodity Main Exchange Contract Size Trading Symbol [1]
Corn CBOT 5000 bu C/ZC (Electronic)
Corn EURONEXT 50 tons EMA
Oats CBOT 5000 bu O/ZO (Electronic)
Rough Rice CBOT 2000 cwt RR
Soybeans CBOT 5000 bu S/ZS (Electronic)
Rapeseed EURONEXT 50 tons ECO
Soybean Meal CBOT 100 short tons SM/ZM (Electronic)
Soybean Oil CBOT 60,000 lb BO/ZB (Electronic)
Wheat CBOT 5000 bu W/ZW (Electronic)
Milk Chicago Mercantile Exchange 200,000 lbs DC
Cocoa ICE 10 tons CC
Coffee C ICE 37,500 lb KC
Cotton No.2 ICE 50,000 lb CT
Sugar No.11 ICE 112,000 lb SB
Sugar No.14 ICE 112,000 lb SE
Frozen Concentrated Orange Juice ICE 15,000 lbs FCOJ-A

[edit] Livestock and meat

 

Commodity Contract Size Currency Main Exchange Trading Symbol
Lean Hogs 40,000 lb (20 tons) USD ($) Chicago Mercantile Exchange LH
Frozen Pork Bellies 40,000 lb (20 tons) USD ($) Chicago Mercantile Exchange PB
Live Cattle 40,000 lb (20 tons) USD ($) Chicago Mercantile Exchange LC
Feeder Cattle 50,000 lb (25 tons) USD ($) Chicago Mercantile Exchange FC

[edit] Energy

 

Commodity Main Exchange Contract Size Trading Symbol
WTI Crude Oil NYMEX, ICE 1000 bbl (42,000 U.S. gal) CL (NYMEX), WTI (ICE)
Brent Crude ICE 1000 bbl (42,000 U.S. gal) B
Ethanol CBOT 29,000 U.S. gal AC (Open Auction) ZE (Electronic)
Natural Gas NYMEX 10,000 mmBTU NG
Heating Oil NYMEX 1000 bbl (42,000 U.S. gal) HO
Gulf Coast Gasoline NYMEX 1000 bbl (42,000 U.S. gal) LR
RBOB Gasoline (reformulated gasoline blendstock for oxygen blending) NYMEX 1000 bbl (42,000 U.S. gal) RB
Propane NYMEX 1000 bbl (42,000 U.S. gal) PN
Purified Terephthalic Acid (PTA) ZCE 5 Tons TA

[edit] Precious metals

 

Commodity Unit Currency Main Exchange
Gold troy ounce USD ($) NYMEX
Platinum troy ounce USD ($) NYMEX
Palladium troy ounce USD ($) NYMEX
Silver troy ounce USD ($) NYMEX

[edit] Industrial metals

 

Commodity Unit Currency Main Exchange
Copper Metric Ton USD ($) London Metal Exchange, New York
Lead Metric Ton USD ($) London Metal Exchange
Zinc Metric Ton USD ($) London Metal Exchange
Tin Metric Ton USD ($) London Metal Exchange
Aluminium Metric Ton USD ($) London Metal Exchange, New York
Aluminium alloy Metric Ton USD ($) London Metal Exchange
Nickel Metric Ton USD ($) London Metal Exchange
Cobalt Metric Ton USD ($) London Metal Exchange
Molybdenum Metric Ton USD ($) London Metal Exchange
Recycled steel Metric Ton USD ($) Rotterdam (source?)

Commodity tradeMain article: Futures exchange

In the original and simplified sense, commodities were things of value, of uniform quality, that were produced in large quantities by many different producers; the items from each different producer were considered equivalent. On a commodity exchange, it is the underlying standard stated in the contract that defines the commodity, not any quality inherent in a specific producer's product.

Commodities exchanges include:

      

      .   Multi Commodity Exchange (MCX)

Markets for trading commodities can be very efficient, particularly if the division into pools matches demand segments. These markets will quickly respond to changes in supply and demand to find an equilibrium price and quantity. In addition, investors can gain passive exposure to the commodity markets through a commodity price index

 

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