What is a commodity market?

A commodity market involves buying, selling, or trading raw products like oil, gold, or coffee. There are hard commodities, which are generally natural resources, and soft commodities, which are livestock or agricultural goods. Spot commodities markets involve immediate delivery, while derivatives markets entail delivery in the future.

How are global commodity markets reshaped?

Global commodity markets are being reshaped in lasting ways as a result of COVID-19, the war in Ukraine, and the impacts of climate change—a transformation that is likely to have profound implications for developing economies over the coming decades, a new World Bank study has found.

How is a commodity price change calculated?

The change is calculated from the "Base" price. Click on the name of a commodity that interests you to reveal its chart, technicals and other information pertaining to the futures contract. This page features a directory of commodity futures along with real-time prices and other information for each.