the market price of a commodity is normally determined by the

The market price of a commodity is normally determined by the interaction of the force of demand and supply. This means that the price of a commodity is determined by how much of it is available in the market (supply) and how much people want to buy it (demand). If the supply of a commodity is high and the demand is low, the price will be low. On the other hand, if the demand for a commodity is high and the supply is low, the price will be high. The law of demand and other factors can also influence the price, but the interaction of supply and demand is the primary factor that determines the market price of a commodity.