Usually means: Markets for buying and selling commodities.
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We found 4 dictionaries that define the word commodity exchanges:

General (4 matching dictionaries)
  1. commodity exchanges: Merriam-Webster
  2. commodity exchanges: Collins English Dictionary
  3. commodity exchanges: Vocabulary.com
  4. commodity exchanges: Wiktionary

(Note: See commodity_exchange as well.)

Definitions from Wiktionary (commodity exchange)

noun:  (finance, agriculture) An organization operating under a set of bylaws aimed at promoting trade in one or more commodities by providing services and rules for the conduct of trade.
▸ Also see commodity_exchange


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