6. Commodities

Question 0

Name some examples of dairy products

Answer 0

Butter, milk,Mary milk, whey

Question 1

Name some examples of agricultural products

Answer 1

Corn, wheat, oats, rice, soybeans, soybean oil and wool

Question 2

Name some examples of livestock

Answer 2

Cattle, hogs, pork bellies

Question 3

Name some examples of softs

Answer 3

Cocoa, coffee, orange juice, rapeseed, spices, sugar, lumber and wood pulp

Question 4

What precious metal is seen as a safe haven in terms of crises?

Answer 4

Gold

Question 5

What are the three factors that define crude oil?

Answer 5

1. Field or origin
2. Density
3. Sulphur content

Question 6

Where have bio-fuels gained a significant market share?

Answer 6

Brazil

Question 7

What is the crack spread?

Answer 7

The margin a refiner realises when he procures crude oil while simultaneously selling the heating oil and gasoline into an increasingly competitive market.

Question 8

Name an example of a market where crack spreads have been traded.

Answer 8

CME NYMEX

Question 9

What is a spot market?

Answer 9

Also known as a cash market, the spit market is a public financial market in which financial instruments or commodities are traded for immediate delivery. It contrasts with a futures market, in which delivery is due at a later date.