Nigerian Ports Authority in Cross River State, Calabar is the home of the Eastern Naval Command of the Nigerian Navy. Port facilities are located 55 nautical miles up the Calabar River. Delta Port, Rivers Port and Onne Port are located in the petroleum and natural gas producing Niger River Delta region of Nigeria. Delta Port in Delta State includes the ports of Warri, Burutu, Sapele and petroleum terminals at Escravos and Forcados. The Rivers Port Complex in coastal Rivers State comprises Port of Port Harcourt, Okrika Refined Petroleum Oil Jetty, Haastrup/Eagle Bulk Cement Jetty, Kidney Island Jetty, Ibeto Jetty, Macobar Jetty and Bitumen
Commodity market Commodity market A commodity market is a market that trades in primary economic sector rather than manufactured products. Soft commodities are agricultural products such as wheat, coffee, cocoa, fruit and sugar. Hard commodities are mined, such as gold and oil. Investors access about 50 major commodity markets worldwide with purely financial transactions increasingly outnumbering physical trades in which goods are delivered. Futures contracts are the oldest way of investing in commodities. Futures are secured by physical assets. Commodity markets can include physical trading and derivatives trading using spot prices, forwards, futures, and options on futures. Farmers have used a simple