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"raw material costs" is a correct and commonly used phrase in written English.
It refers to the expenses associated with obtaining and processing materials that are used to make a product. Example: The company's profit margins were negatively impacted by the rise in raw material costs.
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"The company experienced particularly challenging trading conditions in 2010 with raw material costs rising significantly.
The specialty chemical industry, like so many others, is also plagued with currency exchange problems and soaring raw material costs.
PPG, based in Pittsburgh, said it also had been hurt by higher oil and raw material costs.
Armstrong said sales fell 8.8percentto to $659.1 million from $722.8 million, because of higher raw material costs.
Raw material costs rose 16percentt, or $210 million, and Goodyear said tire demand in North America was weak.
The producer Tata Steel will raise prices to a record starting April 1, to cover higher raw material costs.
The chocolate firm, owned by parent company Modelez International, has blamed rising packaging and raw material costs for the decrease.
"Every possible cost is going up, including raw material costs and my rent, but I can't raise prices.
Results were offset somewhat by a weaker dollar and higher energy and raw material costs, it said.
Rio Tinto cited strong currencies and high energy and raw material costs as other factors leading to the write-down.
In Deere's case, the company also credited lower raw material costs for its better-than-expected performance.
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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