1234 GMT Annual rebalancing of SPGSCI and BCOM commodity benchmarks this week should see a flow out of energy into grains and livestock, says Citigroup. Live cattle should see biggest increase of contract buying at close of next 5 trading sessions, followed by lean hogs and feeder cattle's combined 9% increase. On the other hand, sugar and zinc prices may be under the most pressure. Large contract markets, oil, gas, gold, "should quite easily absorb rebalancing effects." (firstname.lastname@example.org , @macdonaldwsj)
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(END) Dow Jones Newswires
January 09, 2017 07:34 ET (12:34 GMT)
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