Are You into Commodity Trading? Things You Need to Know About Corn Commodity

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• Are You into Commodity Trading? Things You Need
  to Know About Corn Commodity

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• What really is commodity?
• Put simply, a commodity is some basic good or
  service that can be exchanged with other hoods in
  the same category. Wheat, corn, copper, gold,
  crude oil, natural gas are all commodities in
  different categories.
• Breaking down commodity market?
• Like an ordinary market, the commodity market is
  real or a virtual marketplace where the exchange
  if certain commodities take place. At current
  times, there are around major commodity markets
  around the world.

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• Hard commodities hard commodities are certain
  goods that must be mined or extracted, for
  example - gold commodity, natural gas commodity.
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• Soft commodities these need to be living or are
  cultivated like for example -livestock commodity,
  corn commodity
• Mainly there are four subcategories of
  commodities
• 1. Energy

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• Natural gas - it's known as methane generally and
  is traded worldwide, the Americans use it in
  keeping their homes warm.
• Crude oil - crude oil is also known as raw
  petroleum is naturally occurring oil found in the
  rocks of the earth.
• Gasoline - gasoline is one of the main
  commodities that are traded in the commodity
  trading market.

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• Heating oil known as the no.2 fuel, it was used
  to keep houses warm after coal, it is made from
  crude petroleum oil.
• 2. Metals
• Gold the yellow metal, gold is a famous
  commodity in the market, the prices of gold were
  disturbed by the US in 1971 by president Richard
  Nixon.
• Copper the wildly famous metal known for its
  flexible uses and is traded in the market. It can
  be utilised in building large structures and
  electric wires.

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• Soybean It is sold in three different categories
  depending on the unique evaluations, they are
  assorted on the bases of colour.
• Sugar sugar, yes sugar, is also a worldwide
  traded commodity. There are also some other sugar
  products exchanged worldwide.
• Cotton obtained in abundance from the Indian
  fields. White cotton has uses in making fabrics,
  clothes.
• Coffee the fact that coffee is the second most
  exchanged item is a myth. Half the world needs a
  good coffee when they wake up, making it famous
  in the market.
• Hope this info is useful for every reader.

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