commoditiesespecially
Commodities are raw materials or primary agricultural products that can be bought and sold. They are often interchangeable with other goods of the same type, meaning their quality is largely standardized. This interchangeability is a key characteristic that distinguishes them from manufactured goods. Commodities are broadly categorized into several groups.
One major category is energy commodities, which include crude oil, natural gas, and coal. These are vital
Agricultural commodities form another large segment. These include grains like wheat, corn, and soybeans, as well