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Commodities Sink to 18-Month Low as Investors Weigh 2019: Chart

Molten liquid copper is poured into moulds from the furnace at a copper refinery in Norilsk, Russia.

Molten liquid copper is poured into moulds from the furnace at a copper refinery in Norilsk, Russia.

Photographer: Andrey Rudakov/Bloomberg

Commodities are facing a tough end to a poor year, with a gauge of returns on raw materials nearing an 18-month low. The Bloomberg Commodity Index fell on Monday to head for the worst close since June 2017. Over the past month, crude oil has slumped even as OPEC producers and allies agreed to reduce supply, and there have been fresh declines in metals including copper.