Commodity
in sentence
920 examples of Commodity in a sentence
To do that, companies and governments must recognize that antibiotics are not a
commodity
like any other.
But the situation has only deteriorated, owing partly to China’s economic slowdown, the end of the
commodity
boom, tighter international financial conditions, weak global growth, and a years-long legacy of policy mismanagement.
Weak global growth is shrinking export markets, and many
commodity
prices are plunging.
Sub-Saharan Africa depends heavily on
commodity
exports, so it is especially vulnerable to the global downturn.
But rising
commodity
prices are overcoming reluctance, and prospecting is generating a multitude of new discoveries.
Instead, they are gradually increasing their spending, taking advantage of restored income growth and large gains in purchasing power caused by collapsing oil and
commodity
prices.
Peru and Chile, by contrast, are natural-resource exporters that derived huge benefits from the China-driven
commodity
boom of the last decade.
Today
commodity
prices are down, and so is growth.
Non-oil
commodity
prices have risen precipitously in the last decade.
For decades, developing countries dreamed of a nirvana of sky-high
commodity
prices and rock-bottom international interest rates.
If high
commodity
prices are expected to persist, then some strengthening of currencies is both desirable and inevitable.
More securitization, easier online trading, and other financial-market developments in recent years have facilitated greater speculative investments, especially in
commodity
futures and options markets.
Third, in response to slower growth and lower inflation (owing partly to lower
commodity
prices), the world’s major central banks pursued another round of unconventional monetary easing: lower policy rates, forward guidance, quantitative easing (QE), and credit easing.
These countries have found themselves on the receiving end not only of a correction in
commodity
prices and equities, but also of a brutal re-pricing of currencies and both local- and foreign-currency fixed-income assets.
How much further they go may well be influenced in part by domestic conditions and in part by the extent to which weaker growth in China exacerbates downside risks in Asian economies,
commodity
exporters, and the US and the eurozone.
Economists who advocate the euro argue that anything which exchange rate adjustments can do can also be done by movements of
commodity
prices and wages.
The laws of economics state that when the demand for a
commodity
begins to outstrip supply the price will rise.
The essence of globalization – free trade – rests on the theory of comparative advantage, which views international trade as profitable even for a country that can produce every
commodity
more cheaply (in terms of labor or all resources) than any other country.
But this time, credit expansion is not flowing into housing construction, but rather into
commodity
speculation and foreign currency.
Global investors have become more risk-averse in response to expectations of tighter monetary conditions in the United States and Europe, as well as concerns about China’s slowing growth and its negative effects on global demand and
commodity
prices.
A sharp slowdown in China would have negative spillover effects on manufacturing exporters like Korea and Taiwan and
commodity
exporters like Brazil and South Africa.
This lifted manufactured exports around the world and kept inflation down, which in turn boosted demand for energy and raw materials from the developing world, pushing up
commodity
prices and benefiting many poor countries.
The prospect of falling prices reflects the collapse of industrial production, the resulting high level of unemployment, and the dramatic decline in
commodity
prices.
Inflation is increasing beyond what can be explained by rising
commodity
and food prices, while credit growth and some asset prices are starting to look high relative to historical standards.
While the Fed tries to look past transitory fluctuations in
commodity
prices, it will be hard to ignore rising consumer inflation as the huge drop of the past year – particularly in energy prices – stabilizes or even reverses.
In the meantime, Latin America’s economies will continue to benefit from the world boom in
commodity
markets, elections will remain normal, and life will go on in the political middle of the road.
The only real disappointments are Brazil and Russia, both of which have struggled (again, not surprisingly) with much lower
commodity
prices.
As in other
commodity
markets, oil futures are subject to an imbalance between long- and short-term positions.
Talent is now recognized as a scarce
commodity
that needs to be nurtured for a worldwide market of skills and competencies.
The US may be less vulnerable in the long run if it imports less energy, but oil is a fungible commodity, and the US economy will remain sensitive to shocks from sudden changes in world prices.
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