Commodities
in sentence
419 examples of Commodities in a sentence
To boost exports, Brazil will have to develop distinctive skills and capabilities, particularly in industries adjacent to
commodities.
Economic theory supports a VAT only if one does not care about distribution and if one can impose a tax on all
commodities.
You don't need an economics doctorate to recognize that, in developing countries, you can't impose a tax on all
commodities.
While China may be a ravenous importer of Latin American commodities, it is also a formidable competitor.
Barrels, Bushels, and BondsCAMBRIDGE – The prices of hydrocarbons, minerals, and agricultural
commodities
have been on a veritable roller coaster.
Countries that specialize in the export of oil, copper, iron ore, wheat, coffee, or other
commodities
have been booming, but they are highly vulnerable.
Each of these
commodities
is an important input for major corporations.
In the meantime, depreciation or devaluation (which has been even more dramatic in the black market) will not boost exports much, because a single or handful of
commodities
– prices for which remain depressed – dominate these countries’ tradable sectors, while public and private debts are denominated in US dollars.
But will Chinese demand for
commodities
be enough to sustain high prices for the region’s exports in the coming years?
During the last two decades, four factors combined to generate a sharp increase in world demand for commodities: rapid growth in global GDP, increasing urbanization in developing countries, a rise in population at a rate of 800 million people per decade, and a significant decrease in poverty.
Two factors appear to be the most important: China’s growth rate in the coming years, and whether its growth will be sufficient to maintain high levels of global demand for
commodities.
It seems unlikely, but without them it is difficult to foresee high prices for
commodities
– and food, in particular – over the next two decades.
While not a cause of price volatility, speculation on derivatives of essential food
commodities
significantly worsens it.
There is a resource crunch, epitomized by the rising prices of non-oil
commodities
over the last decade.
This means that all money earned is bound to be spent, and therefore that at no point in time could there be a “general glut” of
commodities.
But now that competition has intensified, as it encompasses virtually all of Asia, where growing populations and rapid economic development over the last three decades have generated an insatiable appetite for severely limited supplies of key
commodities.
Over the past year, the price of fuel, food, and
commodities
rose alarmingly.
If successful, the Shanghai market could trigger a shift of payments for other traded
commodities
as well – all at the dollar’s expense.
India, for example, already pays for some Iranian oil with
commodities
rather than dollars.
Marx’s description of “the fetishism of commodities” – the translation of goods into tradable assets, disembodied from either the process of creation or their usefulness – seems entirely relevant to the complex process of securitization, in which values seem to be hidden by obscure transactions.
The entrepreneur takes the stone and adds ingredients
(commodities
or software), attracts people, gets them to work together, and perhaps tosses in a pinch of branding.
Making matters worse, central banks routinely deny responsibility for any prices other than consumer prices, ignoring that the value of money is reflected in all prices, including commodities, real estate, stocks, bonds, and, perhaps most important, exchange rates.
Chocolate-Fueled GrowthVIENNA – As an African, my dream for the next decade is to see the continent producing and selling chocolate to 300 million Chinese, instead of exporting raw
commodities
like cocoa.
As a result, sub-Saharan countries experience up to 40% post-harvest losses, especially for perishable
commodities
such as fruit and vegetables.
Many central bankers and economists argue that today’s rising global inflation is just a temporary aberration, driven by soaring prices for food, fuel, and other
commodities.
True, prices for many key
commodities
are up 25% to 50% since the start of the year.
It has been several years since private investors and states began buying and leasing millions of hectares of farmland worldwide in order to secure their domestic supply of food, raw commodities, and biofuels, or to get subsidies for carbon storage through plantations.
Low world
commodities
prices and protectionism against Argentina’s agricultural exports are additional factors.
Argentina’s trade is overwhelmingly concentrated in a small number of commodities, including cereals, meats, processed foods, and other agricultural products.
In terms of external economic policy, European policymakers have done very little in response to the wholesale changes now underway in the world economy – beyond complaining about Chinese imports and Russia’s aggressive use of its commodities, and, most recently, becoming embarrassingly obsessed with so-called Sovereign Wealth Funds.
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