| China is once again at the center of the commodities story, but not in a good way this time. The country's stock-market slump and concern over Greece's economic crisis have helped send commodities toward multiyear lows, choking off a nascent recovery in prices from oil to iron ore, and dragging down shares in resource companies and currencies of producing nations.
Though prices stabilized somewhat Tuesday after a broad selloff on Monday, commodities as an asset class have fallen into an extended funk this year, as fears about an excess of products like aluminum and coal have taken hold. The S&P GSCI--an index that tracks a diversified basket of commodities--is down 36% over the past year, and had fallen 6.4% this month as of the close of trading on Monday...............................................Full Article: Source
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