Commodity Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
NAM | B | Namoi Cotton Ltd | -0.70 | |
OAU | F | ORA GOLD LIMITED | -11.11 | |
SUV | B | Suvo Strategic Minerals Limited | -1.89 | |
ZEU | C | Zeus Resources Ltd | 0.00 |
Related Industries: Business Services Farm Products Industrial Metals & Minerals Other Industrial Metals & Mining Steel
Date | Stock | Title |
---|---|---|
May 13 | NAM | Major Crop Traders Are Dueling to Take Australia’s Cotton Crown |
May 12 | NAM | Five Key Charts to Watch in Global Commodity Markets This Week |
- Commodity
In economics, a commodity is an economic good or service that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them. 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.
The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price.
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