From Investing.com: 2024-11-11 02:08:00

The commodities complex faced pressure due to disappointment with China’s debt package. European natural gas prices rallied, supported by lower wind power generation and increased LNG send-out. Hurricane Rafael downgraded, but production shutdowns in the Gulf of Mexico remain significant. China’s industrial metals declined after the 10 trillion-yuan debt package announcement. USDA lowered US corn and soybean output estimates for 2024/25 season. US ending stocks revised for corn, soybean, and wheat, with global balance adjustments as well.



Read more at Investing.com: Energy, Metals Slump as China’s Stimulus Package Underwhelms Investors