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general::
noun product/raw material ADJ. basic, important, primary | cheap | expensive | rare, scarce Coal is becoming a rare commodity. | export, marketable, saleable | perishable | agricultural, industrial basic agricultural commodities VERB + COMMODITY produce COMMODITY + NOUN market | futures, prices | export, trade, trading | broker, trader PHRASES trade in commodities sth that is useful ADJ. precious, valuable Time is a very valuable commodity. | rare, scarce
Oxford Collocations Dictionary
3
general::
commodity
adjectives
an important commodity
• Crude oil is the world’s most important commodity.
an expensive commodity
• Consumers began to find that they could afford more expensive commodities.
a valuable/precious commodity
• Land is an extremely valuable commodity.
a rare/scarce commodity
• Soap was a scarce commodity during the war.
a hot commodity
(= one that a lot of people want to buy )
• Web domains ending in .com became hot commodities.
a saleable/tradeable commodity
(= one that can be sold or traded )
• Land is a freely saleable commodity.
agricultural commodities
• The falling prices of agricultural commodities such as coffee have severely affected the economy.
industrial commodities
• Sales of the old industrial commodities of iron and coal are still important.
commodity + NOUN
commodity prices
• Commodity prices are very high in the UK.
a commodity market
• Coffee is facing the deepest crisis in a global commodity market since the great depression of the 30s.
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