I'm trying to understand the concept of a commodity exchange. Could you explain what it is and how it works in simple terms? I'm interested in knowing the basics of commodity trading and the role of commodity exchanges in the market.
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answers
Federica
Wed Jan 29 2025
Another significant player is the Chicago Mercantile Exchange (CME), known for its dealings in livestock commodities.
Nicola
Wed Jan 29 2025
Commodity exchanges have seen substantial growth globally since their inception.
Elena
Wed Jan 29 2025
The CME handles a range of livestock products, including milk, cattle, pork bellies, and lean hogs.
Margherita
Wed Jan 29 2025
Various exchanges have emerged, each specializing in particular commodities.
IncheonBeautyBloom
Wed Jan 29 2025
One notable example is the London Metal Exchange (LME), which exclusively focuses on metal trading.