Commodities, China and Black Monday: How Commodity ETFs Buckled under the Chinese Economic Slowdown

On August 24, 2015, also known as “Black Monday”, commodity prices fell because of economic concerns in China. China consumes approximately half of the world’s iron ore, 48% of its aluminum, 46% of its zinc and 45% of its copper. Not to mention tons of global oil. Below, we take a look at which commodities ETFs suffered the most on Black Monday, and how they’ve performed since then.