Commodity markets attract speculators because they are sufficiently susceptible to changes in supply and demand. Traders are very interested in metals, energy and agriculture, as it is all necessary for our comfortable life.
It is best for private traders to trade CFDs on commodities, as it is easier and more profitable. This way you don’t have to pay for the transportation and storage of your products, and you can also trade in rising and falling markets.
It is worth noting that some products are subject to many factors that can affect quotes, and when working with them, one should take into account seasonality, weather conditions, political events, costs of extracting, etc.
Commodities are traded in futures markets and their price depends on supply and demand. In general, metals and energy are traded against major currencies, while futures contracts for agricultural products are traded separately.
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