Soft Commodities
Banxso gives you an opportunity to invest in soft commodities or agricultural goods such as soybeans, sugar, corn, wheat, rice, cocoa, coffee, and cotton, among others. The soft commodities market is largely considered to be more stable than the energy commodities sector.
Why soft commodities?
Despite their relative stability, there can be significant price fluctuations leaving the door open to profitable trades. For example, palm oil recently soared to a record high, which allowed many traders to come away with profits.
Note that soft commodities are dependent on weather and seasons more than any other commodities. Grain prices are thus highly volatile in summer or between seasons. And yet, even though they are influenced by such unstable factors as weather, agricultural
Trading Soft Commodities
When you trade soft commodities with Banxso, you have access to a variety of options and strategies, designed to facilitate your trading.
Types of Commodities
Banxso’s platform invites traders to invest in different types of commodities. Depending on your trading preferences and trading style, you can trade metal, energy, or agricultural goods. Although these types of commodities react to market changes differently, each of them present opportunities to generate income through timely sales and purchases.
Energy Commodities
Energy trading involves such goods as crude oil, natural gas, gasoline, electricity, and wind power. These commodities are divided into two categories: non-renewable or fossil fuels such as oil, gas, and coal, and renewables such as solar, wind, geothermal power, and biomass.
Soft Commodities
Banxso gives you an opportunity to invest in soft commodities or agricultural goods such as soybeans, sugar, corn, wheat, rice, cocoa, coffee, and cotton, among others. The soft commodities market is largely considered to be more stable than the energy commodities sector.
Precious Metal Commodities
Precious Metals have been valuable commodities for traders throughout history. Metals such as gold, silver, platinum and copper grow in value in unstable times, and are thus widely viewed as reliable assets.