Commodities Ranked by Market Cap
Global commodities — energy, metals, and agriculture — ranked by total market value (global supply x price per unit).
| # | Name | Price | Market Cap | 24h % | 7d % | |
|---|---|---|---|---|---|---|
| 1 | ⚫ Coal COAL | $130.00 | $139.100T | — | +0.00% | |
| 2 | 🛢️ Crude Oil OIL | $80.00 | $124.000T | +0.00% | +0.00% | |
| 5 | 🌽 Corn CORN | $450.00 | $21.150T | +0.00% | +0.00% | |
| 8 | 🔩 Iron Ore FE | $110.00 | $18.700T | — | +0.00% | |
| 9 | 🔥 Natural Gas NATGAS | $2.50 | $18.250T | +0.00% | +0.00% | |
| 11 | 🌾 Wheat WHEAT | $600.00 | $17.100T | +0.00% | +0.00% | |
| 13 | 🫘 Soybeans SOYB | $1,100.00 | $15.400T | +0.00% | +0.00% | |
| 15 | 🔶 Copper CU | $4.50 | $8.820T | +0.00% | +0.00% | |
| 16 | 🍬 Sugar SUGAR | $22.00 | $8.800T | +0.00% | +0.00% | |
| 17 | ☕ Coffee COFFEE | $280.00 | $6.160T | +0.00% | +0.00% | |
| 20 | 🧲 Rare Earth Elements REE | $35,000.00 | $4.550T | — | +0.00% | |
| 25 | 🧶 Cotton COTTON | $70.00 | $3.850T | +0.00% | +0.00% | |
| 33 | 🪶 Aluminum AL | $2,400.00 | $2.880T | — | +0.00% | |
| 42 | ⚙️ Nickel NI | $16,000.00 | $2.080T | — | +0.00% | |
| 55 | ☢️ Uranium URA | $85.00 | $1.360T | — | +0.00% | |
| 74 | 🔧 Zinc ZN | $2,700.00 | $675.000B | — | +0.00% | |
| 115 | 🔋 Lithium LI | $15,000.00 | $420.000B | — | +0.00% | |
| 173 | 💎 Cobalt CO | $30,000.00 | $249.000B | — | +0.00% | |
| 199 | 🍚 Rice RICE | $17.00 | $187.000B | — | +0.00% | |
| 253 | 🥫 Tin SN | $25,000.00 | $117.500B | — | +0.00% |
Frequently Asked Questions
What is a commodity's market capitalization?
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A commodity's market cap represents the total estimated value of all the commodity in existence or in active supply, calculated by multiplying the current spot price by the estimated global supply. For example, oil's market cap reflects the value of all proven reserves or annual production at current prices. It is a useful way to compare the scale of physical commodity markets against financial assets like stocks or crypto.
What is the difference between spot price and futures price?
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The spot price is the current market price for immediate delivery of a commodity, while the futures price is the agreed-upon price for delivery at a specific future date. Futures prices can be higher (contango) or lower (backwardation) than spot prices depending on storage costs, supply expectations, and market sentiment. Most commodity rankings on this site use spot prices as the basis for market cap calculations.
What drives commodity prices up or down?
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Commodity prices are driven by supply and demand fundamentals — factors like weather patterns, geopolitical events, production cuts, and shifts in industrial or consumer demand all play a role. Central bank policy and the strength of the US dollar also heavily influence commodity prices, since most are priced in USD. For energy commodities like oil and natural gas, OPEC+ production decisions are a major price driver.
Which commodities are considered safe-haven assets?
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Gold is the most widely recognized safe-haven commodity, as investors tend to buy it during periods of economic uncertainty, inflation, or geopolitical instability. Silver also has some safe-haven appeal but is more sensitive to industrial demand. Energy commodities like oil and agricultural commodities tend to be more cyclical and are not typically considered safe havens.
How do energy commodities compare in size to precious metals?
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The oil market is one of the largest commodity markets in the world by annual trade value, with the global crude oil market worth trillions of dollars. Gold, however, has a larger estimated total above-ground stock value than most other commodities when measured as a store of wealth. On this page, commodities are ranked by total market value to give a comparative view across energy, metals, and agricultural markets.