Reported 3 months ago
Commodities have erased all gains made this year amid concerns over China's economic stability and ongoing sell-offs in natural gas and agricultural products. As the Bloomberg Commodity Spot Index drops nearly 6% in July, analysts suggest that growing uncertainties about demand from China and rising raw material inventories are affecting the market. This slowdown is expected to exert deflationary pressures, although it may pose challenges for producers and traders in the face of falling prices.
Source: YAHOO