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Commodity | Meaning Example | InvestingAnswers What Is a Commodity? A commodity is a raw material that is bought and sold but is interchangeable with other materials of the same type -- such as oranges or lumber Companies that produce these goods sell them to the companies that will use them
What are Commodities? Definition Examples | Finbold Commodities are raw materials that we come across in our daily lives When prices of essential goods go up or down, it can directly impact the cost of our grocery shopping If the price for grains like wheat is rising, this is likely to reflect in the commodity prices, like bread or flour cost