Commodities are any tangible goods that can be produced, processed, refined, consumed, transported, stored and traded across various markets. Basically commodities are categories in two types – hard commodities and soft commodities. Metals (gold, silver, copper etc.) and energy (crude oil, natural gas, electricity etc) products and considered as hard commodities where as agricultural products such as coffee, sugar, cotton etc considered as soft commodities.

Types of Commodities