Questions and Answers on Commodity Markets and Raw Materials
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Single market and standards Raw materials Industry Entrepreneurship and SMEs Aeronautics industries Chemicals Construction Defence industries Maritime industries Mechanical engineering Pressure equipment and gas appliancesdate: 02/02/2011
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A raw material is an unprocessed natural substance or mineral used in a manufacturing process for providing finished goods. Raw materials are often natural resources such as gas, bauxite or wood.
A commodity is any product which a low value added and thus very sensitive to price competition. Raw materials, agricultural products and basic goods are commodities.