ADVERTISEMENT
Commodities Sink to 18-Month Low as Investors Weigh 2019: Chart
Commodities are facing a tough end to a poor year.
18 Dec 2018, 07:20 AM IST 
A worker uses a hand grinding tool to grind the weld line of a large diameter steel pipe. (Photographer: Andrey Rudakov/Bloomberg)
(Bloomberg) -- Commodities are facing a tough end to a poor year, with a gauge of returns on raw materials nearing an 18-month low. The Bloomberg Commodity Index fell on Monday to head for the worst close since June 2017. Over the past month, crude oil has slumped even as OPEC producers and allies agreed to reduce supply, and there have been fresh declines in metals including copper.
To contact the reporters on this story: Jake Lloyd-Smith in Singapore at jlloydsmith@bloomberg.net;Ranjeetha Pakiam in Singapore at rpakiam@bloomberg.net
To contact the editors responsible for this story: Phoebe Sedgman at psedgman2@bloomberg.net, Jake Lloyd-Smith, Jason Rogers
©2018 Bloomberg L.P.