Question:What is Commodity Exchange Rate?
Answer:
Commodity exchange rate is the value of one commodity expressed in the value of another commodity.
For example, the exchange rate of the PCI WHEAT/CORN, with the cost of $426 of one wheat contract and $360 of one corn contract, will amount to 1.1833.
The personal instruments from the commodities available for trading are created the same way as PCIs from stocks.