Ī 2022 report on changes affecting international trade noted that improving sourcing of raw materials has become one of the main objectives of companies reconfiguring their supply chains. For example, the European Commission notes that food supply chains commence in the agricultural phase of food production. Supply chains typically begin with the acquisition or extraction of raw materials. The term secondary raw material denotes waste material which has been recycled and injected back into use as productive material. The term raw material denotes materials in unprocessed or minimally processed states such as raw latex, crude oil, cotton, coal, raw biomass, iron ore, air, logs, and water. As feedstock, the term connotes these materials are bottleneck assets and are required to produce other products. Latex being collected from a tapped rubber treeĪ raw material, also known as a feedstock, unprocessed material, or primary commodity, is a basic material that is used to produce goods, finished goods, energy, or intermediate materials that are feedstock for future finished products.
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