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Commodity - Wikipedia Most 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 Popular commodities include crude oil, corn, and gold
Commodities: Learn What They Are to Understand How They’re Traded What Is a Commodity? A commodity is a base material, a raw good that can be traded for another Traditional commodities are used to create other, more complex goods They’re typically characterized by their extraction or production process — the closer a material is to the ground, the more likely it’s classed as a commodity
What are Commodities? Definition Examples | Finbold A commodity is an essential good or material used in commerce to produce and manufacture other goods or services They are used as inputs in the manufacturing process and are often interchangeable with similar goods Energy sources, namely oil, gas, and electricity
Commodity Definition | Investing Dictionary | U. S. News What Is a Commodity? A commodity is a raw material that is typically used as input for producing other goods or services Commodities are typically produced uniformly, meaning a specific amount
Commodity | Meaning Example | InvestingAnswers What Is a Commodity? A commodity is a raw material that is bought and sold but is interchangeable with other materials of the same type -- such as oranges or lumber Companies that produce these goods sell them to the companies that will use them