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Traders Reduce Commodity Bets

Funds have cut bullish bets on commodity prices on speculation that sluggish global growth will reduce demand for metals, energy and grains.

    Funds have cut bullish bets on commodity prices on speculation that sluggish global growth will reduce demand for metals, energy and grains,Bloomberg报告。美国commodi 18净多头头寸ties decreased by 15% to 958,309 futures and options contracts in the week ended June 28.

    Soybean meal holdings were cut by 67%, while bets on silver were reduced by 26%. Commodity contracts holdings are the lowest since July 13, 2010, following the positions cut.

    Click here for the story fromBloomberg.

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