Commodities

Commodities are basic goods sold in their natural form for use in production or consumption. Examples include crude oil, coal, copper, iron ore, rough diamonds, and farm products like wheat, coffee beans, and cotton. These goods are often traded on commodity exchanges.

Commodities are basic things people dig up or grow, like oil, metal, wheat, or coffee beans. People buy and sell them because they are used to make other products or for everyday use.