If you are a bank that lends to commodities traders against their stocks in warehouses, then you need to mark-to-market those stocks regularly against independently assessed spot prices of the commodities in stock to track the risk that you face in your commodity lending business.
The Commodities service provides you the best daily prices of commodities to conduct this daily risk estimation exercise. This is the most credible source of market prices that you need to estimate the degree of risk in your commodity lending business.
Price monitoring is critical in business management. So is intelligence from the markets regarding supplies, demand and stocks that could affect future price movements. And so, is the fundamental data on cropping patterns, weather monitoring, yields, and external trade.
The Commodities service is the ideal platform to track all of these to give a comprehensive view of the supply and prices of agricultural and non-agricultural commodities.