Raw material
A raw material, also so-called as the feedstock, unprocessed material, or primary commodity, is the basic material that is used to take goods, finished goods, energy, or intermediate materials that are feedstock for future finished products. As feedstock, the term connotes these materials are bottleneck assets together with are call to fall out to other products.
The term raw material denotes materials in unprocessed or minimally processed states; e.g., raw latex, crude oil, cotton, coal, raw biomass, iron ore, air, logs, water, or "any product of agriculture, forestry, fishing or mineral in its natural make-up or which has undergone the transformation required to ready it for international marketing in substantial volumes". The term secondary raw material denotes waste material which has been recycled as well as injected back into ownership as productive material.