Your English writing platform
Discover LudwigExact(6)
What is new, and what has set the market alight, is the lack of spare production capacity.In a normal commodity market, no producer in his right mind would keep lots of idle capacity.
Peter Hughes of Ricardo Strategic Consulting points out that if gas becomes a "normal commodity market", prices will approach the long-run marginal cost of supply, which is well below the oil-indexation price.
Factor in the current slow growth of the world economy and the normal price drops to the bottom of that range.That the recent fall in prices has been so precipitous merely confirms that, for the past 25 years, oil has been anything but a normal commodity.
Waste as well as a secondary material are traded as a normal commodity (goods).
Attributes generally do not retain the excludability property that a normal commodity has in theory due to their bundledness, rendering the independent coordination of attributes impractical.
► Fruit bats do not follow the normal commodity chain for bushmeat.
Similar(54)
The Keynes-Hicks hypothesis states that under normal conditions in commodity markets, when demand, supply, and spot prices are expected to remain unchanged for some months to come and there is uncertainty in traders' minds regarding these expectations, the futures price, say, for one month's delivery is bound to be below the spot price that traders expect to prevail one month later.
"Organized crime wants to get into normal things, a commodity that everyone is using, like paper, food," Nelleman said.
The EU has a vision of globally linked carbon markets that would function much in the same way as normal financial or commodities markets.
"The main thing that they're doing now is voluntarily reducing the size of their tows... so they're having to take more trips to carry their normal volume of commodities," said Ann McCulloch, spokeswoman for American Waterways Operators, a national trade association representing tugboats, tow boats and barges.
There are exporters here, aside from the normal natural resource and commodity exporters, who are gaining market share and are reasonably competitive.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com