Commodity Report #25

Peakish oil, confusing shipping numbers, Gold with another make or break moment

Last week the broader commodity market was weaker again. The worst performing sectors were Energy and Grains. The best performing sector was Precious Metals. Softs were, once again, somehow split between Orange Juice and Cocoa heading lower, while Cotton and Sugar were able to catch some additional ground. Nevertheless, my view is that those two Soft co…