A commodity market is a platform where raw materials and primary products are traded. These commodities can be categorized into two main types: hard commodities, which include natural resources like oil and gold, and soft commodities, which consist of agricultural products such as wheat and coffee. Traders buy and sell these goods to profit from price fluctuations, and the market can be physical or virtual. In a commodity market, prices are influenced by supply and demand dynamics, geopolitical events, and economic indicators. Investors often use futures contracts to hedge against price changes or speculate on future price movements. This market plays a crucial role in the global economy by providing a mechanism for price discovery and risk management.