Commodity - Wikipedia Most commodities are raw materials, basic resources, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat Commodities can also be mass-produced unspecialized products such as chemicals and computer memory Popular commodities include crude oil, corn, and gold
What is a Commodity? An Economic and Market Perspective A commodity is more than just a raw material—it is a cornerstone of global trade, economics, and financial markets Defined by its fungibility, standardisation, and universal demand, a commodity can be anything from oil and gold to wheat and coffee