Commodities
Glossary
Commodity trade glossary
33 terms covering the grades, specifications, incoterms, standards and vocabulary that the commodity pages on this site use — defined once, and linked from the pages that lean on them.
Standards & certification
ASC certification
BRCGS Food Safety Standard
Codex Alimentarius
HACCP
IFS Food
ISCC (International Sustainability & Carbon Certification)
MSC certification
OIE animal health standards
RSPO (Roundtable on Sustainable Palm Oil)
USDA grading standards
Trade & supply chain
Bilateral trade lane
Buyer layer
Customs valuation
FOSFA contract terms
GAFTA contract terms
GI (Geographical Indication)
HS code
ICO Certificate of Origin
Mirror asymmetry
MOQ (Minimum Order Quantity)
PDO (Protected Designation of Origin)
Re-export
Revenue band
Verified supplier
Incoterms
CIF (Cost, Insurance and Freight)
FCA (Free Carrier)
FOB (Free On Board)
Grades & specifications
Moisture content
SCA grading
Pricing & methodology
Price Reporting Agency (PRA)
Spot vs. futures price
Trade-implied unit value
Week-prior reference price