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Standard & Poor’s GSCI gauge of 24 commodities fell 0.5 percent to 646.50 by 4:39 p.m. in London. The UBS Bloomberg CMCI index of 26 raw materials was down 0.2 percent at 1,577.6073.
Standard & Poor’s GSCI gauge of 24 commodities fell 0.5 percent to 646.50 by 4:39 p.m. in London. The UBS Bloomberg CMCI index of 26 raw materials was down 0.2 percent at 1,577.6073.
Highlights from market news:
– Natural gas fell most in 15 weeks
– Futures for December delivery dropped 3.7 percent, to $3.755 per million British thermal units on the New York Mercantile Exchange after dropping 18.1 cents to $3.72 in the biggest intraday percentage decline since Aug. 10
– Prices are up 6 percent from a year ago