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excess supply
noun
economics a situation in which the market supply of a commodity is greater than the market demand for it, thus causing its market price to fall
Example Sentences
Price wars and excess supply are also increasingly a geopolitical liability.
During the last major bout of deflation roughly a decade ago, excess supply was mostly concentrated in state-owned enterprises making commodities such as steel.
Oil fell in early Asian trade amid ongoing U.S.-China trade tensions and excess supply concerns.
Drax, the owner of the hydro power station inside Ben Cruachan near Oban, had plans to expand its potential for pumped storage - a form of storing power by pumping water uphill when demand is low and there's excess supply of wind power, and then releasing water steeply downhill to generate power when demand goes up.
Nor could an excess supply of nitrogen promote phytoplankton growth -- and therefore could not ultimately give rise to eutrophication.
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