Wed, Mar 4, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Fund Profile, Investment, Market Moves more

Hedge funds cut bets most since ’08 as prices slump: Commodities

Posted on 09 April 2013

Hedge funds reduced bets on a commodity rally by the most since 2008 as rising supplies of everything from copper to sugar and slowing U.S. growth drove prices to the biggest slump in six months.
Speculators cut net-long positions across 18 U.S. futures and options by 31 percent to 468,780 contracts in the week ended April 2, the most since October 2008, U.S. Commodity Futures Trading Commission data show. Investors are betting on a decline in silver for the first time and have record bearish positions in copper and sugar. Corn wagers dropped the most since June 2010, leading the biggest ever decline in agricultural holdings………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39496 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
S M T W T F S
« Feb    
1234567
891011121314
15161718192021
22232425262728
293031