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Rohstoffmarkt

commodity market

noun ROH-shtof-markt Rare
People & Society Money

Also means

raw materials market

Usage Note

Rohstoffmarkt covers markets for unprocessed materials such as oil, gas, metals, and agricultural products. Prices on global Rohstoffmärkte heavily influence production costs for industry; volatility in these markets transmits quickly into consumer prices.

Examples

"Die geopolitischen Spannungen trieben die Preise auf dem Rohstoffmarkt in die Höhe."

Natural Translation

Geopolitical tensions drove up prices on the commodity market.

Literal Translation

The geopolitical tensions drove the prices on the commodity-market into the height.

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