SIC Code 6221-03 - Commodity Price Analysts

Marketing Level - SIC 6-Digit

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SIC Code 6221-03 Description (6-Digit)

Commodity Price Analysts are professionals who specialize in analyzing and forecasting commodity prices. They work for a variety of organizations, including commodity trading firms, investment banks, hedge funds, and government agencies. The primary goal of a Commodity Price Analyst is to provide accurate and timely information to their clients or employers, which can be used to make informed decisions about buying, selling, or holding commodities. This involves analyzing a range of factors that can impact commodity prices, such as supply and demand, weather patterns, geopolitical events, and economic indicators. Commodity Price Analysts must also stay up-to-date on industry news and trends, and be able to communicate their findings effectively to clients or colleagues.

Hierarchy Navigation for SIC 6-Digit Code 6221-03

Tools

  • Bloomberg Terminal
  • Reuters Eikon
  • CME Group's Market Data Platform
  • ICE Data Services
  • Platts
  • Argus Media
  • Commodity Futures Trading Commission (CFTC) reports
  • U.S. Department of Agriculture (USDA) reports
  • International Energy Agency (IEA) reports
  • National Oceanic and Atmospheric Administration (NOAA) data
  • Excel
  • Python
  • R
  • MATLAB
  • Tableau
  • Power BI
  • SAS
  • Stata
  • SQL

Industry Examples of Commodity Price Analysts

  • Crude Oil
  • Natural Gas
  • Gold
  • Silver
  • Copper
  • Corn
  • Wheat
  • Soybeans
  • Coffee
  • Sugar
  • Cotton
  • Livestock
  • Energy
  • Metals
  • Agriculture
  • Soft Commodities
  • Base Metals
  • Precious Metals
  • Grains

SIC Code 6221-03 - Commodity Price Analysts

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