Commodities are essential raw materials that support industries, infrastructure, and daily life. From agriculture and energy production to manufacturing, these resources play a vital role in driving economic activity and global development.
Commodities are basic physical resources that form the foundation of many products and industries worldwide. Their market value is shaped by factors such as production levels, supply constraints, economic activity, and changing global demand.
Commodities are generally grouped into key categories according to their role, characteristics, and use within the global economy.
Commodity markets respond to a range of global economic factors that shape how raw materials are produced, supplied, and consumed. Major influences include changes in supply and demand, government decisions, currency fluctuations, economic activity, and geopolitical events.
Weather conditions, infrastructure availability, technological progress, and changes in industrial demand can further influence commodity prices and shape longer-term market trends.
