Author Archives: Claudia Soria
Powder River Basin Coal
Powder River Basin coal is coal produced in the Powder River basin, a region located in southeast Montana and northeast Wyoming. It is defined as “sub-bituminous” coal with an average energy content of 8,500 btu/lb and low in sulfur dioxide … Continue reading
Central Appalachian Coal
Central Appalachian Coal is coal produced in the Central Appalachian region comprised of the counties located in southern West Virginia, eastern Kentucky, southwest Virginia, and eastern Tennessee. West Virginia and Kentucky are considered the two largest coal producers. Production by … Continue reading
Exchange-Traded vs. Non-Exchange-Traded Commodity
A exchange-traded commodity is a commodity for which spot (cash) and futures markets are established and where official or settlement prices can be determined. Exchange-traded commodities include: wheat, corn, soybeans, oats, live cattle, cocoa, frozen orange juice, sugar, gold, silver, … Continue reading
Energy Commodities
Energy commodities are energy-generating products. Those include electricity, crude oil, ethanol, natural gas, crude oil distillates ( gasoline, gasoil, kerosene, diesel, heating oil) and coal.
Hard Commodities
Hard commodities are the ones extracted through mining. Those include precious metals (gold, silver, palladium, platinum), non-ferrous or base metals (aluminum, copper, lead, nickel, zinc), ferrous metals (iron ore, steel), minor metals (cobalt, molybdenum, magnesium, sylicon, titanium, etc.), rare earth … Continue reading
Soft Commodities
Soft commodities are goods that are grown. Exchange-traded soft commodities include sugar, coffee, cotton, cocoa, and orange juice.
Cash Crop
A cash crop is a crop that is grown for profit as opposed to crops grown for subsistence. Common cash crops include coffee, tea, sugar cane, cotton, wheat, soybeans, other grains and oil-producing grains, bananas, oranges, etc. Prices for major … Continue reading
Diesel Fuel
Diesel Fuel is a crude-oil distillate fuel oil used in compression-ignition engines. Alternative types of diesel can also be obtained from alternatives sources that are not derived from petroleum, such as biodiesel, biomass to liquid (BTL) or gas to liquid … Continue reading
Ultra Low Sulfur Diesel
Ultra Low Sulfur Diesel (ULSD) is defined as diesel fuel with 15 parts per million (ppm) or lower sulfur content. As of December, 2006, almost all of the petroleum-based diesel fuel available in Europe and North America is of a … Continue reading
European Gasoil
European Gasoil is a definition for Nº 2 Heating Oil and Nº 2 Diesel fuel. It is used as the pricing reference for all distillate trading in Europe and beyond. The underlying physical market is heating oil barges delivered in … Continue reading