[
US
/ˌoʊvɝsəˈpɫaɪ/
]
[ UK /ˌəʊvəsəplˈaɪ/ ]
[ UK /ˌəʊvəsəplˈaɪ/ ]
NOUN
- the quality of being so overabundant that prices fall
VERB
-
supply with an excess of
Glut the country with cheap imports from the Orient
flood the market with tennis shoes
How To Use oversupply In A Sentence
- In a recent article, The Times newspaper suggested there could be an oversupply of natural gas in two years and prices could tumble.
- There is concern in the local prawn fleet that if the larger pelagic trawlers cannot fish for cod and other species, they may diversify into prawn fishing and this may lead to an oversupply of prawns in the market and low prices.
- The jump was unexpected because steel mills have curbed production to cope with oversupply and reduced output in preparation for the winter months. Times, Sunday Times
- For this reason it is not in the interest of housebuilders to oversupply the market.
- But that could cause another problem: If enough farmers pile into grain, it might cause an oversupply and depress prices.
- In a recent article, The Times newspaper suggested there could be an oversupply of natural gas in two years and prices could tumble.
- This oversupply has driven commodity prices down worldwide.
- The British steel industry has lost 5,000 jobs in the past year after prices collapsed because of global oversupply. Times, Sunday Times
- The price of salmon slumped because of oversupply, hitting its already razor-thin margins. Times, Sunday Times
- Although there is an oversupply of holiday property in some areas, property prices in the more sought-after Turkish resorts have risen steadily rather than spectacularly.