WORLD WIDE MOST TRADED COMMODITIES

Most Traded Commodities Worldwide

1. Crude Oil
When we say “CRUDE OIL” it doesn’t only mean Hydrocarbon liquid but a lot more than that. The crude oil producers are normally the Middle East; it is being extracted out of the ground, transported to refineries through pipelines and then shipped to tankers to the markets all over the world. It is one of the top ten traded commodities of the world; in fact it is the most traded commodity.

The most commonly traded commodity is Crude Oil, and its various derivatives such as heating oil and gasoline. These commodities are mostly traded in the New York Mercantile Exchange [NYMEX], ICE Futures, the Dubai Mercantile Exchange [DME] and the Central Japan Commodity Exchange [C-COM]. 

2. Coffee
It might be a great surprise for you but coffee really is the second most common traded commodity of the world. It is produced in South Asia, Asia and Africa and the main consumers are United States and Europe. You can see the fact that 2.25 billion cups of coffee are consumed in the world every day.

The second most traded commodity is Coffee [value wise]. Coffee is mainly traded through the New York Board of Trade [NYBOT], the Kansai Commodities Exchange [in Osaka, Japan], the Singapore Commodities Exchange [SICOM] and Euronext [London]. 

3. Natural Gas
Natural gas is traded a lot because it is the only thing used everywhere from cooking to heating water in winters. It has a volatile marketing style because of its price fluctuation.

Natural gas is traded in the New York Mercantile Exchange [NYMEX] and ICE Futures.

4. Gold
Gold has always been valuable, the reason is may be the beautiful color or maybe it is rare, for women may be it’s the essential part of them or anything else. It is a very important trading commodity these days.

Gold are traded in the New York Mercantile Exchange [NYMEX], the Brazilian Mercantile and Futures Exchange [BMF], the Dubai Gold and Commodities Exchange [DGCX], the National Commodity Exchange Limited [in Karachi, Pakistan] and the Tokyo Commodities Exchange [TOCOM]. 

5. Brent Oil
After crude oil it is the second most traded oil product in the market. This oil is basically taken from the North Sea and Norway and areas like Europe and Africa use Brent oil more as compared to crude oil.

6. Silver
Aesthetic Usage, Silver investors and Industrial usage; these are the three markets of silver. Bill Gates and a few more people have invested a lot on silver. It is traded a lot and is one of the most popular traded commodities of the world.

Silver are traded in the New York Mercantile Exchange [NYMEX], the Brazilian Mercantile and Futures Exchange [BMF], the Dubai Gold and Commodities Exchange [DGCX], the National Commodity Exchange Limited [in Karachi, Pakistan] and the Tokyo Commodities Exchange [TOCOM]. 

7. Sugar
It is the seventh most popular traded commodity, because everybody likes sweet. There is not any place in the world where it is not traded.

Sugar is also commonly traded in the New York Board of trade [NYBOT] and Euronext.

8. Corn
This one is the most versatile agricultural products; it has quite massive demand from all over the world. It is also referred as “YELLOW GOLD”. N70% of the corn is grown in United States; around 80 million acres are dedicated for its production. Hence, we can surely know why it is important.

Corn is traded in the Chicago Board of Trade [CBOT], the Kansai Commodities Exchange [in Osaka, Japan], the Risk Management Exchange [RMX-in Hannover], the Minneapolis Grain Exchange, the Winnipeg Commodity Exchange [WCE], The Tokyo Grain Exchange [TGE] and Euronext. 

9. Wheat
This is the 9th most popular traded commodity; it is the most important food grain in the world. Its worldwide prominence is the major reason of it being a commodity.

Common commodities in agriculture include wheat, corn, maize, oats, rice, soybeans and they are traded in the Chicago Board of Trade [CBOT], the Kansai Commodities Exchange [in Osaka, Japan], the Risk Management Exchange [RMX-in Hannover], the Minneapolis Grain Exchange, the Winnipeg Commodity Exchange [WCE], The Tokyo Grain Exchange [TGE] and Euronext. 

10. Cotton
It is a fibrous material, it is strong and durable. Its demand is always greater, so when the demand is more the thing is traded more. That is why it is at the tenth position.