The commodity trading world emerged with the establishment of the Chicago Board of Trade in 1848. Now it is one of the most popular types of markets for trading.
The rise of the commodity market will continue, mostly because of the Chinese demand. Oil, natural gas, coal, iron ore, copper, aluminum, nickel, precious metals will see their prices rise again and again. By investing in these, investors (from individuals to large banks) can make money by commodity trading and associated securities. They can also benefit from fluctuations in prices.
In this article, we give you a simple glimpse into the complex world of commodity investing today.
Commodity trading: energy products
NYMEX, which stands for New-York…