Question

1. How many types of commodities are available for trading in London Commodity Exchange?

2. How far into the future can you trade on the prices of these commodities?

3. Which types of commodities are expected to have increased (decreasing) prices in the future?

Answer 1

1. there are 4 types of commodities in commodity exchange i.e

a) metal

b)energy

c)livestock and meat

d)agriculture  

in london they are mostly metal ,energy and agricultural commodity exchange are traded .they are carried out by LME(LONDON METAL EXCHANGE ),ECX( EUROPEAN CLIMATE EXCHANGE),LCE(LONDON COMMODITY ETHEREXCHANGE )

2.There are future contracts which are agreed to buy or sell at a particular time at which a commodity at a set price is sold.

3.the commodities such as metal, agriculture and energy may vary due to various global as well as economic conditions.