Glut
Term · Industrial and trades · MLC-T-IND-002596
An oversupply of a particular mineral or commodity in the market, leading to a decrease in its price. This condition arises when production exceeds demand, causing inventories to accumulate. A glut can force mines to reduce output or even cease operations to restore market balance.
| Identifier | MLC-T-IND-002596 |
|---|---|
| Field | Industrial and trades |
| Subject | Mining and extraction |
| Translations | German: Glut; Spanish: calzo; French: cale |
Record as JSON
{
"id": "MLC-T-IND-002596",
"term": "Glut",
"field": "Industrial and trades",
"definition": "An oversupply of a particular mineral or commodity in the market, leading to a decrease in its price. This condition arises when production exceeds demand, causing inventories to accumulate. A glut can force mines to reduce output or even cease operations to restore market balance.",
"subject": "Mining and extraction",
"translations": {
"de": "Glut",
"es": "calzo",
"fr": "cale"
},
"url": "https://mlchart.com/terminology/industrial/glut/"
}
Record 2,860 of 7,361 in Industrial and trades terminology (MLC-0113). Request the full dataset.