The phrase "a shortage of commodities" is correct and usable in written English.
You can use it when discussing economic issues, supply chain problems, or market conditions where there is an insufficient supply of goods.
Example: "The recent drought has led to a significant shortage of commodities, affecting food prices worldwide."
Alternatives: "lack of goods" or "deficit of products".
That could mean a shortage of basic commodities, like oil or medicine or even foodstuffs.
During the summer July 244), we interviewed Leigh Goehring, a Prudential fund manager and commodities bull who remained convinced that the price of gold would boom as a result of a growing shortage of commodities and an acceleration of global inflation.
This puts economic output on a collision course with an underlying shortage of commodities like oil, steel, cement, chemicals, and food.
There is a shortage of almost every commodity.
Economically, the U.S. is already on a kind of war footing, with the war on terror, Iraq, massive military spending and a shortage of a key commodity, specifically oil.
The deficiencies lie in places where there is a shortage of virtually every other commodity.
In turn, the shortage of commodities and the climate-driven failures of crops offer welcome opportunities for new frenzies of speculation in increasingly "virtual" and "disconnected" markets which are driven by greed and short-term profit rather than by enterprise capitalism.
Wien claims this European investor, a descendant of an international mercantile family (which he doesn't identify), has in the past predicted the growing shortage of commodities, the rise of capitalism in China and the end of communism in Russia.
The 70,000 beachgoers expected to descend on Huntington Beach for the Fourth of July may find a shortage of one of the city's most precious commodities: parking spots.
Soaring commodity prices, driven by a shortage of supply and increasing demand have led to huge profits for mining firms.
