In the original and simplified sense, commodities were things of value, of uniform quality, that were produced in large quantities by many different producers; the items from each different producer were considered equivalent. On a commodity exchange, it is the underlying standard stated in the contract that defines the commodity, not any quality inherent in a specific producer's product. Commodities exchanges include: Bourse Africa (formerly GBOT) Bursa Malaysia Derivatives (MDEX) Chicago Board of Trade (CBOT) Chicago Mercantile Exchange (CME) Dalian Commodity Exchange (DCE) Euronext.liffe (LIFFE) Kansas City Board of Trade (KCBT) London Metal Exchange (LME) Marché à Terme International de France (MATIF) Mercantile Exchange Nepal Limited (MEX) Multi Commodity Exchange (MCX) National Commodity and Derivatives Exchange (NCDEX) National Commodity Exchange Limited (NCEL) New York Mercantile Exchange (NYMEX) Markets for trading commodities can be very efficient, particula
Commoditization occurs as a goods or services market loses differentiation across its supply base, often by the diffusion of the intellectual capital necessary to acquire or produce it efficiently. As such, goods that formerly carried premium margins for market participants have become commodities, such as generic pharmaceuticals and DRAM chips. An article in The New York Times cites multivitamin supplements as an example of commoditization; a 50 mg tablet of calcium is of equal value to a consumer no matter what company produces and markets it, and as such, multivitamins are now sold in bulk and are available at any supermarket with little brand differentiation. Following this trend, nanomaterials are emerging from carrying premium profit margins for market participants to a status of commodification. There is a spectrum of commoditization, rather than a binary distinction of "commodity versus differentiable product". Few products have complete undifferentiability and hence
India Republic Day -- This year's grand attend will not be the same as it is the first time that it will be held amid the ongoing coronavirus pandemic, which contains claimed many lives country wide. India is celebrating it has the 72nd Republic Day with Tuesday, but this year's grand parade will not be exactly like it is for the first time that it will be held amid the ongoing coronavirus pandemic, which has claimed quite a few lives across the country. Burj Khalifa Lights up With Tricolour to express India's 72nd Republic Morning After more than 5 decades, typically the country's 72nd R-Day attend will have no chief guest. British Prime Minister Boris Johnson was due to be in New Delhi as the chief guest at the annual attend to mark the Republic Day but he had in order to call off the visit to concentrate on the domestic crisis unleashed by the emergence of a brand-new, deadlier variant of coronavir us in the UK at the end of last year. Apart from, gravity-defying s
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