Commodities Overview

Commodities Weekly Wrap

29 September, 2017

Ample supply weighs on agriculturals

There were some sharp moves in metals prices this week, as investors took positions ahead of the weeklong holiday in China. Meanwhile, oil prices edged higher on speculation that OPEC will extend its output cuts beyond March 2018. However, higher US production should put a cap on prices.

Looking forward, China’s official and unofficial manufacturing PMIs will be released on Saturday, ahead of the National Day holiday which will shut the Chinese market for the whole of next week. On Friday, we

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