Offers Commodity Trading software and a great charting service. To understand
the commodity as a category consider a chair. It is a commodity because the chair is a tradeable
labor-product with a social use-value. By contrast, a fallen log of deadwood sat upon in the forest is
not a commodity, as it was not produced by human work for the purpose of trade. A chair created by a
hobbyist as a gift to someone is not a commodity. Nor is a chair a commodity (as a chair) if its only
use would be as scrap firewood (unless one purchases a chair specifically to chop it up for fire wood).
Offers Commodity Trading software and a great charting service
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Producers often attempt to 'de-commodify' their products by branding them. Offers Commodity Trading software and a great charting serviceBranding attempts to make similar products from different producers more distinguishable. This stategy can lead to higher prices for the branded items relative to the price in a commodity market. The term product market is sometimes used to contrast with commodity market and signifies the exchange of differentiated goods. Offers Commodity Trading software and a great charting service.