Doing Research on Commodities
This guide lists print and electronic resources available to SFU faculty, students, and staff. If you do not find what you need, contact one of the following Liaison Librarians:
- Business Administration - Mark Bodnar (firstname.lastname@example.org)
- Economics - Carla Graebner (email@example.com)
Geography - Andre Iwanchuk (firstname.lastname@example.org)
This guide is designed to assist students doing research on commodities. It will help answer the following questions:
- Where is the commodity found? This includes both the country or countries and the type of environment.
- What are the environmental considerations associated with the extraction or production of the commodity?
- How is the commodity extracted (produced) and by whom?
- How much of the commodity is left?
- Who uses the commodity (industries, individual consumers)?
- How is the commodity used?
- In what form is the commodity used?
- What is the price of the commodity (current, historical, and trends)
The guide also provide information on Commodities Market Trading.
How to find:
Use the library CATALOGUE to find books, research reports, and government documents here at SFU Library.
For books about commodity markets and futures trading: Use the SUBJECTS Commodity exchanges or Futures market and the sub-topics (called sub-headings) which include different countries (ie. Commodity exchanges - Canada) or topics (ie. Commodity exchanges - History). For information on a specific commodity exchange, use the exchange name as a SUBJECT seach - ie. Chicago Board of Trade.
For books about a commodity or group of commodities: Search by the name of your resource or commodity as a SUBJECT. Scan the list of subject headings to see what is available. For example, try searching for the subject, Nickel. You will see that there are many books on this subject. They are categorized by sub-topic (called sub-headings), such as Environmental aspects, and by a more specific topic, such as Nickel Industry, Nickel mines and mining. Look closely at these subject heading lists to find relevant books. Don't forget to try alternate terms for your commodity (ie. Canola is also called Rapeseed; pigs are also called hogs).
If you don't find any books on your commodity, remember that it is part of broader groups of commodities. For example, the commodity Canola is part of the Oilseeds group, which is part of the Grains group, which is part of the Agricultural group. The commodity pigs is part of the Livestock group, which is also part of the Agricultural group. Gold is part of the Precious Metals group, which is part of the Metals group.
Another way to find books on your commodity and various aspects of it is to use Keyword searching. Keyword searches are especially useful for finding chapters in edited books. For example, try this search: forest* and (ecolog* or environment*) and British Columbia. You will find chapters in several edited books and also some other subjects for further searching, including Sustainable Forestry.
Use these indexes to find information about your commodity in academic, trade and popular magazines, newspapers and government publications:
- Academic Search Premier
- Aquatic Sciences & Fisheries Abstracts (ASFA)
- Business Source Complete
- Canadian Newsstand
- Canadian Research Index (Most documents available in Microlog Microfiche Collection, JL 044 37on the Sixth Floor of the Bennett Library)
- CBCA Complete
- LexisNexis (International news and industry publications.)
- PAIS International
- Commodity Indexes for the Standard International Trade Classification, Revision (SITC) 3. 2 vols. (HF 1041 U552 1994; Bennett Reference): UN commodity codes. Find your commodity and get the code. Also helps to indicate the broader category to which your commodity belongs.
- The language of commodities : a commodity glossary (HG 6046 E74; Bennett Reference)
Each of these reference books has some information on commodities, commodity markets, price indexes and other relevant topics.
- Dictionary of Human Geography (GF 4 D52 2000 - Belzberg, Bennett, Surrey Reference)
- Encyclopedia of Business (HF 1001 E466 2000 - Belzberg, Bennett, Surrey Reference)
- Encyclopedia of Environmental Analysis and Remediation (GE 10 E49 1998 - Bennett Reference)
- Encyclopedia of Environmental Issues (GE 10 E52 2000 - Bennett & Surrey Reference)
- International Encyclopedia of Business & Management (HF 1001 I53 1996 - Bennett Reference)
- International Encyclopedia of the Social & Behavioral Sciences (H 41 I58 2001 - Bennett Reference)
- The New Palgrave: A Dictionary of Economics (HB 61 N49 - Bennett & Surrey 1987 1998 Reference)
- The World's Futures & Options Markets (HG 6024 A3 W67 1993 - Bennett Reference)
- Commodity Futures's Trading: A Guide to Information Sources and Computerized Services (HG 6046 N53 - Bennett Reference)
- Primary Commodity Markets and Models: an International Bibliography (HF 1040.7 Z95 - Bennett Library)
In addition to the links below, it is often helpful to find an association or organization that is specific to your commodity (or commodity group). Use one or more of the sources listed in our Associations guide to find an appropriate association for your commodity.
- Canadian Society of Technical Analysts
- Commodity Floor Brokers and Traders Association
- Futures & Options Association (UK)
- Futures Industry Association
- National Futures Association (US)
Here are just a few of the many commodity exchanges. Some commodity exchanges deal in several commodities, some just deal in one commodity. No exchange deals in all commodities. Consult the CRB Commodities Yearbook (below) to find out which exchange(s) lists your commodity. For a more complete list of world-wide exchanges, see the Rutger's University Libraries Stock and Commodities Exchange list or Yahoo's Futures and Options Exchanges list.
- CME Group
- ICE (IntercontinentalExchange): Global Commodity Markets
- Tokyo Commodity Exchange
- Commodities Price Locator (HF 1040.7 Z93 1989, Bennett & Belzberg Reference): This publication, though dated, is still a useful place to start, as it covers over 150 publications that regularly report commodity prices. Details of the publications are also provided. About one third of these sources are government publications and may now be available on the web; others may be available through LexisNexis.
- Look at the website of the commodity exchange where the commodity is traded for current prices.
- Sharelinks Global Stock Market Quotes (go to the page and scroll down to Commodities and Futures there are two links to choose from depending upon your commodity)
- UNCTADstat (includes the monthly Commodity Price Bulletin, covering the last 12 months for many commodities, as well as a statistical database)
- Business sections of daily newspapers provide selected commodity prices. Note that our Press Display database has the page images of many papers from around the world, including the Asia and Europe editions of the Wall Street Journal. Since tables of commodity prices are rarely included in regular "text-only" databases, getting access to the page image of the newspapers makes it easier to find such information.
- Check some of the resource-specific sources in the Historical prices section below as many of them also provide current prices.
Historical prices, trade data and other statistics:
General sources, which have statistics and other information on all commodities or one commodity group (note: Number of commodities listed differ in each of these sources, as does the specificity of the listing. It is best to check several of them for your commodity.)
- BP Statistical Review of World Energy (BP Global): (downloadable (xls) data on consumption, reserves, prices and more for oil, gas, coal, nuclear energy, and hydroelectric energy)
- Commodity Market Review (HD 1415 F61, Bennett Reference; library has 1995/96-present; ): FAO,. Food and agricultural products - production, trade, prices. See also the online data at FAOSTAT
- Commodity Trade and Price Trends (HD 9000.4 C64; library has 1973-present - latest- 1989/91- in Bennett Reference): World Bank. Time series for prices and trade data for all types of commodities.
- CRB Commodity Yearbook (HF 1041 C57; library has 1940-1984 and 1985-present - latest at Bennett & Belzberg Reference; 2004 edition is available electronically): Production and prices for all types of commodities. Also notes sources of data)
- Economist Intelligence Unit: Start with their ViewsWire product and look for a link to Commodity Analysis.
- Historical Statistics of Canada (HA 746 H58 1983, Bennett Reference Desk; 11-516E, Statistics Canada Collection, and on the web): This publication has some statistics and also provides a reference to the source of the statistics.
- International Financial Statistics (HG 3881 I63; library has 1979-present - latest in Bennett Reference): IMF. Section on selected broad commodity prices. This is also available on the web at the International Monetary Fund - see IMF Primary Commodity Prices.
- International Trade by Commodities Statistics 5 vols. (HF 1040 S7611, Bennett Reference; also available on the web- scroll down and click on full text link): OECD. Gives imports and exports by broad commodity for OECD countries including Canada.
- International Trade Statistics Yearbook (HF 91 U4731, library has 1983-present -latest in Bennett Reference): UN. Covers all commodities with data by country and by commodity (uses SITC codes)
- Passport (formerly known as the Global Market Information Database) (statistics and market reports on many commodities by country, region or for the whole world. Also includes information on imports/exports, consumption/production, reserves. Data from 1977 onward is available.
- UNCTADstat. (Online for SFU researchers.) "Commodity Price Statistics provide monthly free-market prices and price indices starting in January 1960 for selected commodities that concern commodity-dependant countries. Price indices are provided for commodity groups (including food, tropical beverages, vegetable oilseeds and oils, agricultural raw materials, minerals, ores and metals), and for all groups in current dollars and SDRs."
- UNCTAD Commodity Yearbook 2003 (HF 1040 Y421 2003, Bennett Reference): UN trade, production/consumption, principal producers for all commodities.). Tables from the 2003 edition covering 1970-2000 are available online. SFU Library has previous years from 1986-1995 (HF 1040 Y421, Bennett Stacks). 1988 edition and later has Commodity prices Annex.
- UNCTAD Handbook of Statistics (HF 91 H331; Bennett Reference; also available on the web): UN. Price and trade statistics for selected commodities.
- World Trade Annual 5 vols plus supplements. (HF 53 W6; library has 1964-present - latest in Bennett Reference): UN. Trade data organized by SITC code.
Resource-specific sources (a selection, more are available, search the catalogue by keyword to find them - ie. forest products and statistics; cotton and statistics. Some of these also have current price information. Most of these are periodic publications. Current issues are usually in the Bennett Reference Collection and past issues are in the Bennett stacks. By using both current and past issues, you can get both historical and current information):
- Canadian Minerals Yearbook (HD 9506 C2 C3, Bennett Reference; also available on the web)
- Coal Information 2004 (HD 9540.1 C521 2004 (Bennett Reference)
- Energy Statistics of OECD Countries 2001-2002 (HD 9502 A1 E541, Bennett Reference)
- FAO Yearbook. (SH 1 Y41, Bennett Reference)
- FAO Yearbook of Forest Products. (HD 9750.4 Y4, Bennett Reference)
- Kitco (current & historical prices for precious metals)
- Minerals Yearbook (USGS) (HD 9506 U6 M55; Bennett Reference. 5 volumes. Covers US and other countries by region.
- Natural Gas Information (HD 9575 A12 O55211 (2004), Bennett Reference)
- Oil Information 2004 (HD 9575 A12 O5522, Bennett Reference)
If you are looking for truly historical data, here is an interesting source:
- Medieval and Early Modern Data Bank (historical currency data and prices of a select few commodities)
In addition to the following Federal government links, try looking for information on the Provincial government websites (i.e., for Cod, try Newfoundland or another Atlantic province; for Western Red Cedar, try the BC government website):
- Agriculture and Agri-Food Canada (see especially the Market Analysis Division publications)
- DFO Statistics (includes landings from 1972 to the present and other useful publications)
- Export Development Canada (see especially resources such as the Commodity Tracker)
- Foreign Affairs and International Trade Canada: Office of the Chief Economist (research and analysis)
- Natural Resources Canada (information on forests, energy, minerals and metals)
Industry Canada (search Business information by sector and/or Economic and Market Research/Statistics)
- Trade Data Online (Canada & US trade with other countries)
- see the Primary Industries section of the Index of Downloadable Statistics Canada publications for items such as:
- CANSIM (socio-economic time series data - watch the slideshow for tips on how to use CANSIM)
- Bureau of Labor Statistics Producer Price Index (use the customized query form to get data. Note that not all years are available for all commodities. See also the Consumer Price Index which produces monthly data on changes in the prices paid by urban consumers for a representative basket of goods and services and also provides average retail prices for a few select commodities from 1980-present)
- Fedstats Topic Links (find your commodity group on the list and click through to find data and other analytical products)
- Energy Information Administration (data on coal, natural gas, electricity, petroleum and other energy sources)
- Foreign Trade Statistics
- Interactive Tariff and Trade Database (free but requires registration)
- NOAA Fisheries (data and other information on ocean fisheries - includes Fishery market news, which has historical prices from the Fulton Fish Market from 1987 onward, as well as other fish markets in the US and abroad)
- FAS Online (includes commodities pages, Current World Production, Market and Trade Reports
- USDA - Data and Statistics (data and other information on crops, livestock and forests)
- USGS Minerals Information ( minerals, metals, stone, clay, glass, and concrete )
- Europa (check your commodity group under Activities or use the EUROSTAT statistical databases)
- International Monetary Fund (includes IMF Primary Commodity Prices data)
- OECD: Start with the Statistics section of OECD iLibrary
- FAO (agricultural products and fisheries information - includes FAOSTAT, FIGIS, Globefish and other databases)
- Statistics Division (includes COMTRADE - commodity trading statistics database - and other publications)
- UNCTAD (international trade and development information - see especially Infocomm. Also includes Handbook of Statistics, UNCTAD Trade Analysis Branch (TAB), and Foreign Direct Investment Database)
- World Bank (choose your commodity group from their Data by Topic list or search for other publications)
- World Trade Organization (look for your commodity under Trade Topics/Goods, look at Trade Statistics, browse for publications or search their bibliography for WTO-related information on your topic in other publicatons)
In addition to the links below, search Google for information on your commodity.
- Rutger's University Libraries Stock and Commodities Exchanges Guide
- Kitco links (lots of information about the precious metals industry)
- Turtle Trader Historical Futures Data (selected commodities from all commodity groups. Daily prices from the 1970's. Files are in .zip format - you download and can import into Excel or other spreadsheets).
- SFU Library's guides to APA, MLA and Chicago/Turabian styles (include information on citing electronic sources)
- SFU Library guides to APA for Business Sources and to Citing Statistics
- APA Style.org (APA website with special tips for electronic citation and a good FAQ for unusual citations)
- BU guide to citation in the Harvard Style (This style guide by Bournemouth University is based on British Standards 5605 and is similar to APA style)