3. Base metals and aggregates
a. Base Metals: Copper, zinc, nickel, lead, aluminum, and iron ore.
b. Aggregates: Gravel, granite, and slag (waste matter from metal refining).
4. Agricultural
a. Food: Corn, rice, wheat, and cattle. b. Building materials: Lumber. c. Raw materials: Cotton.
5. Mining and miners a. Coal miners.
b. Metals miners. c. Junior miners. d. Explorers.
6. Other, including timberland and farmland a. No sub-groups.
All commodity prices are determined by supply and demand fundamentals. But no matter how they’re grouped or categorized, each commodity has separate market drivers and independent valuation criteria… For example, oil’s value is primarily driven by transportation and fuel demand, and natural gas’ value is primarily driven by heating and cooling demand. When we research new recommendations for our Commodity Supercycles subscribers, we search for quality names within these six
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