Energy, Metals & Agricultural Commodities

What this unit covers

Sort real commodities into three families, energy, metals and agricultural, and see that each responds to a different kind of real-world event.

By the end you will be able to

• Sort a commodity into energy, metals, or agricultural based on the need it serves.
• Explain why each family reacts to a different kind of event, using its need as the reason.
• Reason out which family a new event would most likely touch first.

How it starts: One Week, Three Prices

1. You read that tension abroad has pushed crude oil prices sharply higher.
2. The same report says gold has also jumped, but wheat prices sit unchanged.
3. Why did the same tense week move two prices and leave the third alone?

Words you will meet

Commodity

A raw material or basic good, like oil, gold or wheat, that is traded in bulk.

In this module: Commodity Markets

1. What Are Commodities?
2. Energy, Metals & Agricultural Commodities (this unit)
3. Supply, Demand & Global Cycles
4. Understanding MCX & Commodity Trading Basics