International raw materials market

International raw materials market



Trade intermediates and natural resources

I. I Middle products (intermediates)

I. II Natural resources

Raw Materials


Addendum 1



1. Raw Materials — A natural of semifinished god that is used in manufacturing or processing to make some other good. Bauxite is the raw materials (ore) from which aluminum is made; aluminum is turn can be the raw material from which household utensils are manufactured. [1]

2. There is another definitions from the subject area of raw materials distinct from the above mentioned:

1. Raw materials are products immediately extracted from nature which have undergone a first processing through which they have become marketable and, consequently, a tradable commodity. Raw materials include all energy raw materials (crude oil, natural gas, coal, uranium), metals, semi-metals and industrial minerals (kaolin, graphite, sulfur, salts, phosphates), rocks, water as well as all plant and animal products, whether they come from tropical regions (coffee, jute, tropical timber) or from temperate latitudes (wheat, meat, wool, etc.). [2]

1. Raw material economy: It comprises all activities which are part of the planned handling of raw materials, i. e. explanation, evaluation, extraction, conversion into a tradable product, trade and forecasting. «Planned» here means economically useful, ecologically and socially responsible activities. [2]

1. Resources are all natural material systems which as such are no commodities, but the intactness of which is a basic prerequisite for the continued existence of the earth’s chemical and physical equilibrium and, consequently, for the survival of mankind. Resources include: the ozone balance, the CO2 balance, the equilibrium of sea water, the tropical forest, the krill and fish population, etc. [2]