Commodity brokerage services
CPC v2.1 Code: 71522
About commodity brokerage services
cpc code 71522 covers the industry of commodity brokerage services, which plays a crucial role in the global trade and exchange of raw materials, agricultural products, and other commodities. This industry facilitates the efficient movement of goods between producers, distributors, and consumers, ensuring the smooth functioning of supply chains and the broader economy.
Production process
Commodity brokers utilize a range of techniques to match buyers and sellers, negotiate contracts, and execute transactions. This typically involves the use of electronic trading platforms, market analysis tools, and established industry networks to identify opportunities and facilitate deals. Brokers also provide advisory services, helping clients navigate the complexities of commodity markets and make informed trading decisions.
Production inputs
The main inputs required for the commodity brokerage services industry include access to up-to-date market data, industry expertise and knowledge, strong relationships with buyers and sellers, and robust technological infrastructure to support trading activities. Brokers also rely on skilled professionals, such as analysts and traders, to interpret market trends and execute transactions effectively.
Production outputs
The primary output of the commodity brokerage services industry is the facilitation of transactions between buyers and sellers of commodities. This includes 11000 Agriculture, forestry, and fishing, 12000 Mining and quarrying, and 19000 Manufacture of coke, refined petroleum products, and nuclear fuel industries, among others, which rely on commodity brokers to access and trade the raw materials and resources they require for production and distribution.
Family tree for commodity brokerage services
graph LR A["<a href='/classifications/cpc/v2-1/7'>7: Financial and related services; real estate services; and rental and leasing services</a>"] A --> B["<a href='/classifications/cpc/v2-1/71'>71: Financial and related services</a>"] B --> C["<a href='/classifications/cpc/v2-1/715'>715: Services auxiliary to financial services other than to insurance and pensions</a>"] C --> D["<a href='/classifications/cpc/v2-1/7152'>7152: Brokerage and related securities and commodities services</a>"] D --> E["<a href='/classifications/cpc/v2-1/71522'>71522: Commodity brokerage services</a>"] D --> F["<a href='/classifications/cpc/v2-1/71521'>71521: Securities brokerage services</a>"] D --> G["<a href='/classifications/cpc/v2-1/71523'>71523: Processing and clearing services of securities transactions</a>"] %% Color coordination by level classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px %% Apply classes class A level1 class B level2 class C level3 class D level4 class E level5 class F level5 class G level5 class E highlight %% class A level1 %% class B,C level2 %% class D,E,F,G,H,I level2 %% class J,K,L,M,N,O,P level3 %% class E highlight