date:Aug 26, 2015
tion added with fragility of commodity markets, suggest more downside, said Paramalingam Supramaniam, director at Selangor-based broker Pelindung Bestari. It will get worse before it gets better.
Food Costs
The Bloomberg Commodity Index of 22 raw materials slumped to 85.8531 points at close on Monday, the lowest level since August 1999. The gauge traded 1.5 percent higher at 87.0940 on Tuesday. The plunge in prices of crops from soybeans, to corn and wheat has sent food costs tracked by the Uni