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What does bulk commodity mean?

Bulk commodities refer to commodities that are not retailed. These commodities are bought and sold in large quantities. Bulk commodities mainly include four categories: agricultural and sideline products, metal products, energy products, and chemicals.

After breakdown, it includes: agricultural planting, cotton, soybeans, corn, non-ferrous metals, rare earths, copper, steel, coal, oil mining, oil refining, coal refining, energy, fiberglass, chemicals, fiber, Cement and other industries.

If global commodity prices rise, it will trigger international commodity price shocks. Many countries rely on commodities to maintain national development, and when they rise, they can stimulate economic growth. For ordinary people, rising commodity prices may lead to increased costs.