Metals Leave Commodity Rivals in Dust as China Flexes Muscle
- Top six raw materials on Bloomberg Commodity Index are metals
- Aluminum has surged by 20 percent this year on supply cuts
Aluminum Leaps to $2000 a Ton
This article is for subscribers only.
Metals are the undisputed kings of commodities and among the world’s best performing major investments thanks to Chinese state power.
While energy and farming prices wallow in glutted markets, the top six raw materials in the Bloomberg Commodity Index this year are all metals, mostly due to China’s pledges to use its control of local producers to rein in supply.