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commodity, is a basic material that is used to produce goods, finished products, energy, or intermediate materials that are feedstock for future finished products. as feedstock, the term connotes these materials are bottleneck assets and are required to produce other products. an example of this is crude oil
, a raw material used to produce a variety of products including all types of furniture. [ ] the term "raw material" denotes materials in unprocessed or minimally processed states; e.g., raw latex , crude oil , cotton , coal , raw biomass , iron ore , air , logs , water , or "any product of agriculture...
https://en.wikipedia.org/wiki/Raw_material
, credit rating agency s&p global warned investors the coronavirus fallout will trigger a global recession and create "intense credit pressure" for distressed companies. in a note on tuesday, analyst alexandra dimitrijevic said the perfect storm of plummeting cash flows, tight credit markets and an oil
where to watch for defaults she said the credit crunch will start in the industries and asset classes most impacted by the current situation, such as energy, airlines, transportation, leisure and gaming, hotels and restaurants, and retail. however, if the recession is prolonged and the economy does not...
https://www.benzinga.com/analyst-ratings/analyst-color/20/03/15582319/s-p-sees-intense-credit-pressure-from-covid-19