Hard Commodity

Hard Commodity

A commodity that is mined or obtained from some other non-agricultural source. Hard commodities include gold, oil and diamonds. See also: Soft commodity.
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Global economic growth remains supportive of sovereign credit quality generally, and the sustained recovery in hard commodity prices since 2016 has given a boost to EM exporters.
One of our dreams is to set up a small mill so that we will be independent of molasses, which is a very hard commodity to reckon with.
The sheer scale of the smallholder populations makes them economically critical - in many countries in Africa, even those with hard commodity export sectors, agriculture still makes up more than half of the total gross domestic product.
Additional hard commodity instruments - silver and copper derivatives - were launched under licence from the CME Group in August.
But both Jay and Loren Roberts, the pair who were so dominant only two or three years ago, seem to have been sliding downhill and they will find wins a hard commodity to buy from now on.
Walsall are striving for the consistency to force them into the top six but that is a hard commodity to find in bruising League One.
Most cash-in-circulation is not supported by a hard commodity anymore.
As a result, New Zealand has not benefited to any significant extent from the rebound that has occurred recently in global hard commodity prices.
Hard commodity exporters saw monthly growth in export earnings shrink from 6% in US dollar terms to 3% in local currency.
Shanghai's market had tripled in value and the real estate sector was at bubble level, so the Chinese government proactively capped lending and in 2008, leverage was a very hard commodity to come by."