China Market Rout Spreads From Stocks to Price of Pig Food

“China’s stock rout spread to the country’s commodities markets as investors rushed to raise cash.  Everything from silver to sugar to eggs tumbled with the Shanghai Composite Index, which crashed to a three-month low on Wednesday. Government measures to stabilize equities are failing to stop a stock market collapse.  Metals including nickel and silver on the Shanghai Futures Exchange fell to their daily limits, while rubber entered a bear market. The volume of copper traded was almost six times the three-month average. Steel rebar and iron ore, as well as eggs, sugar and soybean meal dropped to the lowest level allowed by their exchanges.”

http://www.bloomberg.com/news/articles/2015-07-08/china-market-crash-spreads-from-stocks-to-the-price-of-pig-food

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