industrial commodity
Frequency: 6.99.3 per million words
Raw materials used in industrial processes, like metals or oil.
Categories:
Examples (10)
- Crude oil is a primary industrial commodity that fuels the global economy.
- The prices of key industrial commodities like copper and steel have risen sharply.
- Investors are closely watching the market for every major industrial commodity.
- During the 19th century, coal became the most important industrial commodity.
- Lithium is poised to become a critical industrial commodity in the age of electric vehicles.
- Disruptions in the supply chain can affect the availability of any industrial commodity.
- Our research analyzes the long-term price trends of a basket of industrial commodities.
- Control over sources of a vital industrial commodity can lead to international tensions.
- The contract specifies the quality and grade of the industrial commodity to be delivered.
- Unlike agricultural products, an industrial commodity like iron ore is not perishable.