Vocab Bloom Hub

commodity exchange

/kəˈmɒdəti ɪksˈtʃeɪndʒ/

1 entry

phrase

/kəˈmɒdəti ɪksˈtʃeɪndʒ/C1formalbusiness
  • ruРынок или платформа, где торгуют сырьём, первичной сельскохозяйственной продукцией и другими базовыми товарами, обычно через стандартизированные контракты.

A market or platform where raw materials, primary agricultural products, and other basic goods are traded, typically through standardized contracts.

  1. Trading marketplaceB2formal

    A centralized market where raw materials or primary agricultural products are bought and sold, often through standardized contracts.

    ruТоварная биржа

    • The Chicago Mercantile Exchange is a major commodity exchange.
    • Traders on the commodity exchange deal in oil, gold, and wheat.
    • Prices on the commodity exchange fluctuate based on global supply and demand.