Commodity Trading has opened the doors for trading in various crops, oil and other things without actually holding these assets. There is no worry of storage, no transportation cost involved, no problems of maintaing neat clean and well maintained shops or storage houses.
However, the more assets you have in the commodity segment, the more confused a person gets on what to trade. Right from potatoes, oranges and soya, to various versions of oil, petrol and naptha, to metal like gold, silver, aluminium, to carbon trading and so on, the list of Commodities available for Trading is endless.
Hence, it is quite often that a commodity trader gets puzzled on what should he trade on. Sometimes, people just go by what the Commodity Broker recommends to them - buy Soyabean, sell Gold or Go long on Petrol, short Wheat. However, even the recommendations coming from the Commodity Brokers might confuse the trader. At the end of trading session, a commodity trader may find himself sitting on highly correlated commodity postions, which is no way advisable.
So in this article, we aim to provide a classification for Commodities, as per the various parameters available.
We are providing 2 versions, a tabular form and the same table in a image form.

Commodity Classification as per the various commodity Categories

Individual Commodities	Commodity Categorization
Natural Gas	Energy Commodities
Crude Oil		Petoleum Commodities
Gasoline
Heating Oil
Aluminium	Non-Energy Commodities OR Ex-Energy Commodities	Industrial Metal Commodities
Copper
Zinc
Nickel
Gold		Precious Metal Commodities
Silver
Live Cattle		Livestock Commodities
Lean Hogs
Wheat		Agriculture Commodities	Grains Commodities
Corn
Soyabeans
Sugar			Soft Commodities
Cotton
Coffee
Soyabean Oil