Commodites rise 20% to enter bull market territory

Risen 20% since January lows

Commodities have entered bull market territory after rising over 20% since the low on 20 January, ending a five-year rout for the asset class.

Supply constraints and production cuts have driven up the prices of raw materials since the low points hit early this year, when concerns about a major slowdown in China weighed on commodities. Bloomberg's Commodity Index, which tracks returns from 22 raw materials, closed 1% higher on Monday, leading to a 21% gain since 20 January, meeting the common definition of a bull market. Sentiment towards commodities turns positive for first time in six months Although commodities have come close to breaking out of the bear market that began at the end of 2011, it has never sustained a ral...