Most raw commodity futures markets have been hit hard over the past two weeks by highly elevated risk aversion in the general marketplace. This sentiment has cleared out the speculative bulls from the raw commodity space. Worries about the U.S.-China trade war creating a global economic recession have been fully bearish for commodity markets, from a global demand perspective. Raw commodity sector leader crude oil (CLK25) saw its price drop to a four-year low of $55.12 a barrel last week.
