Otmane El Rhazi : Speculators show global commodities rout still not over

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

Speculators have confirmed what everyone else has been thinking: expect more falls in commodities, as worries about China and higher interest rates combine with waning sentiment to suggest markets are heading further south. But while more losses are certain, their scope could be limited because a large number of speculators have already made bets that prices will fall.