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English definition of “commodity market”

commodity market

noun [C]
 
 
(also commodities market)
FINANCE, STOCK MARKET trade in large quantities of substances or products such as oil, metals, grain, coffee, etc., or the place where they are traded: In other commodity markets, lumber prices jumped, while oil prices fell sharply. → See also commodity exchange
(Definition of commodity market from the Cambridge Business English Dictionary © Cambridge University Press)
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