The deeper reasons for the great commodities sell-off

Supply and demand are key factors in the current commodities slump, but so are fundamental shifts in financial markets and global trading strategies.

The across-the-board sell-off in commodities that has accelerated through the second half of this year is unusual both in its severity and its lack of discrimination, raising the question of whether there is more at play than conventional fundamentals.

That’s not to say that the fundamentals don’t explain lower prices in all the major commodities.

China’s slowing growth rate, the Eurozone’s sluggish, faltering state, and Japan’s slide back into recession would all point to lower commodity prices.



{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access


Updating information

Please wait ...


{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership


The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles