History of Commodity Markets

History Of Commodity Markets

Commodity markets are markets where raw or primary products are exchanged. These raw commodities are traded on regulated commodities exchanges, in which they are bought and sold in standardized contracts.

This article focuses on markets. It covers physical product (food, metals, electricity) markets but not the ways that services, including those of governments, nor investment, nor debt, can be seen as a commodity. Articles on reinsurance markets, stock markets, bond markets and currency markets cover those concerns separately and in more depth. One focus of this article is the relationship between simple commodity money and the more complex instruments offered in the commodity markets.

See List of traded commodities for some commodities and their trading units and places.

Read more about History Of Commodity Markets:  History, Size of The Market, Standardization, Regulation of Commodity Markets, Commodities Exchanges

Famous quotes containing the words history of, history, commodity and/or markets:

    The history of persecution is a history of endeavors to cheat nature, to make water run up hill, to twist a rope of sand.
    Ralph Waldo Emerson (1803–1882)

    Most events recorded in history are more remarkable than important, like eclipses of the sun and moon, by which all are attracted, but whose effects no one takes the trouble to calculate.
    Henry David Thoreau (1817–1862)

    For things to have value in man’s world, they are given the role of commodities. Among man’s oldest and most constant commodity is woman.
    Ana Castillo (b. 1953)

    When the great markets by the sea shut fast
    All that calm Sunday that goes on and on:
    When even lovers find their peace at last,
    And Earth is but a star, that once had shone.
    James Elroy Flecker (1884–1919)