Not all commodities are tanking, iron ore holding, gold up. base...

Not all commodities are tanking, iron ore holding, gold up. base metals look pretty good on a 5 -10y chart. Fossil fuels were in a massive bubble and I think the US Fed is prepared to cop a hit (as painful as it is) to make it harder for countries like Russia to profit form their bread and butter commodities. Every sword swinging has two edges at the moment but certainly all the specs and emerging producers are copping a spanking with no more cheap credit (at least for now). I concur that rock phosphate production/demand can be adversely affected by weather, locally...but Hotrod is right - Morocco is the biggest influential factor and it's global demand that counts, CXM have offtakes signed don't they? Samsung and IPL will still be purchasing.