Post Job

What is a commodity analyst and how to become one

Updated January 8, 2025
4 min read

Commodities are raw materials such as oil, gas, and grain. Even as the economy has grown more advanced, these items are still a valuable cornerstone of trade and many stock portfolios. A commodity analyst is someone who is an expert on commodities and their place in the financial market.

Commodity analysts may not know a lot about growing commodities or processing them, but they know a lot about their value. They keep track of market trends, write reports advising investors on prices to watch out for, and help process sales. Commodity analysts often use software to analyze market trends and keep track of customer orders.

Usually, commodity analysts work for investment management firms, banks, and other financial institutions. Their insights on the market for raw materials are highly valued. However, they need to work hard to get to this valued position by earning a bachelor's degree in finance or a related field and working as a buyer or intern beforehand.

ScoreCommodity AnalystUS Average
Salary
6.8

Avg. Salary $87,261

Avg. Salary $59,228

Stability Level
7.9

Growth Rate 11%

Growth Rate 0.3%

Diversity
4.3
Race

American Indian and Alaska Native 0.78%

Asian 7.82%

Black or African American 9.06%

Hispanic or Latino 12.43%

Unknown 4.41%

White 65.50%

Gender

female 36.36%

male 63.64%

Age - 49
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 49
Stress Level
7.9

Stress level is high

7.1 - high

Complexity Level
8.9

Complexity Level is advanced

7 - challenging

Work Life Balance
4.1

Work Life balance is poor

6.4 - fair

Commodity Analyst career paths

Key steps to become a commodity analyst

  1. Explore commodity analyst education requirements

    Most common commodity analyst degrees

    Bachelor's

    78.6 %

    Master's

    11.6 %

    Associate

    6.3 %
  2. Start to develop specific commodity analyst skills

    SkillsPercentages
    Risk Management12.76%
    Commodities12.45%
    Macro7.00%
    Supplier Performance5.63%
    VBA5.51%
  3. Complete relevant commodity analyst training and internships

    Accountants spend an average of Less than 1 month on post-employment, on-the-job training. New commodity analysts learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a commodity analyst based on U.S. Bureau of Labor Statistics data and data from real commodity analyst resumes.
  4. Research commodity analyst duties and responsibilities

    • Accomplish the RFQ process, providing cost and availability information on a timely basis.
    • Manage operational risk and cultivate client relationships through OTC commodities trade confirmation across all commodities.
    • Develop detailed databases on supply and demand fundamentals for commodities under review.
    • Assist management with evaluation of restructuring alternatives, procurement of financing, negotiations with multiple constituencies and issuance of new securities.
  5. Prepare your commodity analyst resume

    When your background is strong enough, you can start writing your commodity analyst resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a commodity analyst resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose From 10+ Customizable Commodity Analyst Resume templates

    Build a professional Commodity Analyst resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your Commodity Analyst resume.
    Commodity Analyst Resume
    Commodity Analyst Resume
    Commodity Analyst Resume
    Commodity Analyst Resume
    Commodity Analyst Resume
    Commodity Analyst Resume
    Commodity Analyst Resume
    Commodity Analyst Resume
    Commodity Analyst Resume
  6. Apply for commodity analyst jobs

    Now it's time to start searching for a commodity analyst job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How Did You Land Your First Commodity Analyst Job

Zippi

Are you a Commodity Analyst?

Share your story for a free salary report.

Average commodity analyst salary

The average Commodity Analyst salary in the United States is $87,261 per year or $42 per hour. Commodity analyst salaries range between $63,000 and $119,000 per year.

Average Commodity Analyst Salary
$87,261 Yearly
$41.95 hourly

What Am I Worth?

salary-calculator

How do commodity analysts rate their job?

Working as a Commodity Analyst? Share your experience anonymously.
Overall Rating*
Career Growth
Work/Life balance
Pay/Salary

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Browse business and financial jobs