Commodity are goods and/or goods, whose market value results not from the right to use of their owner, but from its right to sell.

With producing enterprises by commodity also the range of the product range is understood, which does not produce, but one buys to go with by other manufacturers and one acts thus only.

Examples: Mineral oil (sold in units of barrels), wheat, in addition, even pig bellies, PC.

With a producing enterprise the commodity does not go along into the product, the enterprise manufactures for example cabinets, in addition the raw material wood, the auxiliary material glue and possibly also a fuel necessarily, is as for instance machine oil. The commodity is bought however simply only by the enterprise (to the extension of the offer) and also so again sold, develops a free price formation, which can form the enterprise. In this example a typical commodity is a chair.

Commodities supplement and/or extend the own product range.

See also trade, property.

Articles in category "Commodity"

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Related Websites

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• Commodity - Wikipedia, the free encyclopedia
  Linguistically, the word commodity came into use in English in the 15th century, ... In Marx's theory, a commodity has value, which represents a quantity of ...


• Commodity Futures Trading Commission
  The CFTC, an independent agency of the US government, oversees futures and option markets and protects market users.


• Commodity Futures Trading Commission Home Page
  The CFTC, an independent agency of the US government, oversees futures and option markets and protects market users.