Commodities cap another dismal year

China

SINGAPORE: Commodities had another poor year in 2018, hurt by substantial losses in energy and base metals, and raw materials head into this month burdened by concerns global economic growth is poised to slow.

The Bloomberg Commodity Index, a gauge of returns on 22 raw material futures, is heading for a 12% drop after hitting the lowest since April 2016 earlier this month. It’ll be the seventh annual fall in 11.