The Standard & Poor’s GSCI gauge of 24 commodities dropped 0.2 percent to 677.21 at 4:57 p.m. Singapore time. The UBS Bloomberg CMCI index of 26 raw materials declined 0.5 percent to 1,637.646. CRUDE OIL Oil extended its decline after the biggest drop in two months on speculation that a slowing U.S. economy may curb fuel demand. Oil for October delivery fell as much as 64 cents to $95.98 a barrel in electronic trading on the New York Mercantile Exchange and was at $96.05 at 3:30 p.m. Singapore time. The contract slid $2.38 yesterday to $96.62, the lowest close since Sept. 10. Prices are 2.8 percent lower this year. OIL PRODUCTS Gasoil’s premium to Dubai crude, a benchmark price for Asia, rose $2.31, or 12 percent, to $21.63 a barrel at 10:01 a.m., according to data from PVM Oil Associates Ltd., a broker. The spread is at the highest since April 15, 2011. Gasoil swaps for October were unchanged at $132.80 a barrel, PVM data showed. High-sulfur fuel oil’s discount to Dubai crude narrowed 11 cents to $3.34 a barrel, PVM data showed. This shows reduced losses from processing crude into the residue product. Fuel-oil swaps for October fell $14, or 2 percent to $684.75 a metric ton, PVM data showed. BASE METALS Copper declined for a second day on concern that China may not ease monetary policy as expected and that Spain may be forced to ask for aid, risking slower global economic growth. The metal for delivery in three months fell as much as 0.8 percent to $8,238 a metric ton on the London Metal Exchange, and traded at $8,258.50 by 2:33 p.m. Shanghai time. The January- delivery contract fell 0.4 percent to 59,570 yuan ($9,424) a ton on the Shanghai Futures Exchange. Copper for December delivery fell 0.5 percent to $3.7725 per pound on the Comex in New York, extending yesterday’s 1.1 percent decline. On the LME, aluminum, zinc, lead, nickel, and tin declined. PRECIOUS METALS Gold was set to decline for a second day in London as a rally to a six-month high spurred some investors to sell the metal. Gold reached $1,778 an ounce on Sept. 14, the highest since Feb. 29, after the Federal Reserve announced a third round of quantitative easing to boost growth. European Central Bank President Mario Draghi this month gave details of a plan to buy debts of member states and China approved infrastructure spending plans. Immediate-delivery bullion fell 0.3 percent to $1,756.80 an ounce by 9:17 a.m. in London. December-delivery futures were down 0.7 percent at $1,758.90 on the Comex in New York. GRAINS, OILSEEDS, SOFT COMMODITIES Soybeans declined to the lowest price in a month on signs that a rally to a record may be slowing shipments from the U.S. as the harvest progresses. November-delivery soybeans fell as much as 1.1 percent to $16.51 a bushel on the Chicago Board of Trade, the lowest level for the most-active contract since Aug. 20, and traded at $16.5175 at 3:10 p.m. in Singapore. Futures peaked at $17.89 on Sept. 4 as the worst U.S. drought in half a century cut yields. Corn for December delivery gained 0.6 percent to $7.5275 a bushel in Chicago, after slumping to the lowest intra-day price since July 24. Wheat for December delivery advanced 0.9 percent to $8.86 a bushel after tumbling 5 percent yesterday, the most since January. Rubber climbed to the highest level in almost 11 weeks on speculation that Japan’s central bank will expand monetary stimulus to rein in the Japanese currency’s strength, boosting the appeal of yen-denominated contracts. February-delivery rubber gained as much as 1.9 percent to 259.5 yen a kilogram ($3,303 a metric ton) on the Tokyo Commodity Exchange, the highest price since July 4. The most- active contract traded at 258 yen at 1:22 p.m. Futures advanced 12 percent last week, the best gain since the period ended Jan. 20. The market was closed yesterday for a holiday. Palm oil dropped on speculation that rains in South America will aid early soybean planting, easing concern that edible-oil supplies are dwindling and driving down soybean prices in Chicago by the most allowed. To contact the reporter on this story: Christian Schmollinger in Singapore at christian.s@bloomberg.net To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net

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