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  1. boybi's Avatar
    boybi
    boybi is offline Tsikot Member Rank 8
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    February 19th, 2008 02:19 PM #1
    Anyone here know of websites with prices of basic commodities? (corn, wheat, coconut/palm oil, sugar, etc.)

    And what does 'futures' mean? Is this the speculated price of a certain commodity for a future date? Does this 'futures' price accurate?
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  2. uls's Avatar
    uls
    uls is offline Tsikot Member Rank 4
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    February 19th, 2008 04:23 PM #2
    Quote Originally Posted by boybi View Post
    Anyone here know of websites with prices of basic commodities? (corn, wheat, coconut/palm oil, sugar, etc.)

    And what does 'futures' mean? Is this the speculated price of a certain commodity for a future date? Does this 'futures' price accurate?
    barchart http://www.barchart.com/

    lahat ng futures http://www2.barchart.com/mktcom.asp

    Futures is a contract price for a future delivery date. Speculative yan.

    Not accurate.

    Like when u look at Dow futures before the NYSE opens at 10:30pm manila time

    minsan down ang dow futures pero pag nag close ang NYSE up naman ang dow index

    or pag up ang dow futures, minsan pag close naman ng NYSE down ang dow index
    Last edited by uls; February 19th, 2008 at 04:32 PM.
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  3. _Qwerty_'s Avatar
    _Qwerty_
    _Qwerty_ is offline COO - Child of Owner
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    February 19th, 2008 04:46 PM #3
    is this local Philippine prices that you're after??

    http://www.philgrocer.com/
    http://www.glorietta5.com/
    http://www.smsupermarket.com/
    http://www.sarisaristore.com/
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  4. _Qwerty_'s Avatar
    _Qwerty_
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    February 19th, 2008 04:54 PM #4
    eto pa pala..

    http://www.makro.com.ph/files/makromail/makromail.html
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  5. mazingerZ's Avatar
    mazingerZ
    mazingerZ is offline Tera Patrick Fanatic
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    February 19th, 2008 06:15 PM #5
    Futures are prices of commodities such as corn, wheat etc that are still to be harvested. Sa US stock market they play this out. Meaning I am selling my corn to be harvested in the future to you, how much will you be paying me for it.
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  6. uls's Avatar
    uls
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    February 20th, 2008 09:36 AM #6
    talk about commodities...

    oil just hit $100 last night
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  7. empy's Avatar
    empy
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    February 20th, 2008 09:43 AM #7
    on the world market, any finance site will do. the most straightforward for me is Yahoo! Finance.

    are you looking to invest in commodities, or just looking for how much you should spend to buy rice or corn for your personal consumption? because the finance sites will help you with the first, but not the second. for the second, mamalengke ka na lang

    if you're looking to invest, be warned that commodities are very volatile. aral muna bago magbagsak ng malaking pera. think about market conditions and the likely impacts on supply and demand for the product. we all know about oil, but gold is a well-known hedge against currency volatility/economic downturns, copper and steel are most likely in demand with all the telecom and real estate development that is happening in the RP these days, and so on.
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Commodities prices website?