Commodity prices were falling sharply June 17, CNBC reported, cutting into months of gains.
The decline in commodities was widespread, with futures prices for palladium and platinum falling more than 11% and 7%, respectively, along with declines of nearly 6% for corn futures and 4.8% for contracts tied to copper. Oil prices were down more than 1%.
Thursday’s move continued a slide that began earlier in the week, thanks in part to actions by Chinese regulators.
Read the full story from CNBC here.
