Commodity Assignment

Commodity Assignment Choose a commodity to write about from the list below. The assignment should be 700 to 1500 words,typed MLA format. Students will be describing in great detail one significant event in which the chosen commodity significantly changed in price. This price change should be described using the supply and demand model. Did a change in demand or a change in supply cause the change in price? Which variable in supply or demand caused the change in the market? Also provide details on why the commodity is valuable and why people are willing to pay for it, where is it produced; and what factors impact the supply and demand for the commodity internationally.

The assignment will graded based on the completeness and depth of the analysis of the commodity market, focused topic, cohesiveness, spelling and grammar. Key economic language is essential to describing these markets.

Corn Zinc Rough Rice Tin Soybeans Aluminium Rapeseed Nickel Wheat Cobalt Milk Molybdenum Cocoa Recycled Steel Coffee Gold Cotton Platinum Sugar Palladium Crude

Oil Silver Ethanol Palm Oil Natural Gas Rubber Propane Wool Copper Amber Lead Coal Uranium