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Large stockpiles drive commodities down

“Supply has been outstripping demand not because demand has been particularly weak, but because there was too much supply,” said Stephen Briggs, commodities analyst at BNP Paribas SA . “It looks like this won’t change anytime soon.” Years of high

Commodities slide to 5-year low

Raw materials slumped 7.1 percent this year, headed for a fourth annual decline and the longest slump since at least 1991, amid concern that economic growth is weakening as global equity markets lost $1.5 trillion last week. Data yesterday showed

Worst month for commodities in 2 years

The U.S. Department of Agriculture raised its estimates on global stockpiles for cotton, corn, soybeans last month, signaling a growing glut. Bigger crops are helping to keep food inflation in check, with the United Nations reporting a third monthly drop

Commodities Tumble to Four-Month Low as Crude, Gold Lead Losses

Commodities dropped to a four-month low, paced by declines in crude oil and gold, on signs of climbing supplies of raw materials at a time when the prospect of reduced Federal Reserve stimulus may cut demand. The Standard & Poor’s