commodity item

Frequency: 5.52.1 per million words

an item that is a raw material or primary agricultural product that can be bought and sold

itemADJECTIVE + NOUN

Categories:

commodity

Examples (10)

  • The price of this commodity item fluctuates daily on the global market.
  • Oil is a crucial commodity item that impacts various industries.
  • Many agricultural products are considered essential commodity items.
  • Speculators often invest heavily in commodity items like gold and silver.
  • The demand for this particular commodity item has risen sharply.
  • Governments sometimes stockpile strategic commodity items.
  • Coffee futures are a popular commodity item for trading.
  • A sudden drought can severely affect the supply of a food commodity item.
  • Understanding the global supply chain for each commodity item is complex.
  • Rare earth minerals have become critical commodity items in modern technology.