Commodity Prices

Commodity prices often influence company's share prices because the price of the commodity they supply or require directly affects the profits of the company. For example, a rising Oil price will obviously be beneficial to companies in the Oil industry because they will get a higher price for their product, which in turn will increase profit. A Copper miner will inherently be affected by the price of Copper.

ShareSense provides a quick and easy way to monitor commodity prices: