From Hard Assets Investor:
Metals and ags were hit hard during the first thee months of the year.
In
contrast to the top-performers list for Q1, it wasn't hard to fill this
worst-performers list. Each of the following commodities dropped well in
excess of 10 percent just in the first three months of the year. Metals
and agriculture took the top five spots, leaving energy commodities off
the list.
5. Tin -14.9%
The downtrend in tin prices that began in 2014 continued in earnest
this year. The story remains the same: A slowing Chinese economy means
slower growth for base metals such as tin.
4. Sugar -17.8%
Expectations of a fifth-consecutive year of surplus pushed sugar to
the lowest point since 2009. While the old adage of "never catch a
falling knife" comes to mind when examining the sugar market, one
prominent bull on the market is Jim Rogers. The commodities guru says
the most-beaten-down commodities like sugar are where he would look to invest.
3. Nickel -18.2%
After surging during the first half of 2014 following an export ban
by top-producer Indonesia, nickel prices plunged during the second half
of the year as supply flooded the market from other sources. That
decline continued in Q1 of this year, compounded by demand concerns that
have plagued all of the base metals....
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