Commodities Trade

Wheat
It is better to say wheat as the “life commodity” because the uncountable food products from bread to cake are wheat dependent. As starch holds great worth in health and fitness, thus instead of other commodities, people are gaining awareness regarding the proper utilization of wheat and same trend is being observed in wheat traders. China is the top producer of wheat and then comes India and Unites States.

Cotton
Cotton is the top traded commodity item in both ancient and modern era of time. Our clothes of stylish designs are made up of cotton in a whole. From this, we can realize the utmost implication of this famous commodity. India, China and Europe has huge production of cotton at their provincial levels but middle east being deficient, making maximum trade in it. In production of cotton, China also takes lead and same positions belong to India and United States.

Corn
Corn is one of the highest traded commodities in the world. It is not only used for human food products but more commonly used for the livestock feed formulations including poultry feed and concentrates for the ruminant rations which are rich source of energy. Thus, commodity price index steeply turns high in this most traded commodity of corn in Pakistan and India but top producer of maize is United States.

Sugar
Sugar has become an indispensable food ingredient and as such is heavily traded.It is an essential part of house hold and industrial edible materials. Brazil is the top sugar producer followed by China and India. European countries are striving for its maximum production at unit level to promote sugar trading to other nearby regions.

Natural gas
Natural gas is another important commodity which should be called as the commodity that makes the life comfortable in terms of cooking and heating purpose. Russia and North America are known to be pioneers in natural gas production. Energy trading i.e. natural gas substitution is a wide competition in the west Asia.

Gold
A handsome number of commodity traders are found making business with gold. By the way, gold is an ornamental and fairly popular commodity all over the world. Several reasons support the enhancements and the uplift in the gold investors who pay the cash in return of old gold to the traders and aristocratic businessmen.

Coffee
Here comes the second most traded commodity of the world, the coffee. Its large consumers are found in America where on an average 4 billion of coffee is consumed annually. Also, the major producers are Europeans thus named after the reason behind huge consumption. Brazil is one of the largest exporter of coffee and tea.

Crude Oil
Crude is an arbitrary word means the raw or impure, thus the crude oil is an oil which is impure and refineries tend to make it pure after recycling it. Oil trading is the top most consumed commodity between Middle East and the Northern East. As we people know the excessive usage of oil in our routine which is in fact out of control. Without it, our working efficiency may hamper meaningfully.