One of the characteristics of a commodity good is that its price is determined as a function of its market as a whole.

Agricultural producers were the given example, where all products sell at the market price, and no premium is paid for what are considered to be 'commodity goods.'

However, many industry insiders would object to the characterization of precision machined components as 'commodity goods.'

Premium goods, on the other hand, are expensive variants of commodity goods.

But concerns about helping Soviet military strength tended to interfere with exports of some companies, especially those dealing with advanced machinery (as opposed to commodity goods).

The price pressure is felt most keenly by sellers of so-called commodity goods, like computers, books, CD's and videos.

This is due to the rising cost of commodity goods in the emerging markets.

The costs of producing low margin and commodity goods have increased.

That provision has been especially costly for Russia in commodity goods like steel and fertilizer.

This type of provision is suitable for commodity goods which are produced by a continuous production process.