IMF/ΔΝΤ:How to Adjust to a Large Fall in Commodity Prices

"How to Adjust to a Large Fall in Commodity Prices This paper assesses empirically the role Chinese activity plays in global commodities markets. It shows that the strength of China’s economic activity has a significant bearing on commodity prices. But the impact differs across commodity markets, with industrial production shocks having a substantial impact on metals and crude oil prices, and less so on food prices


http://www.imf.org/external/pubs/ft/howtonotes/2016/howtonote1601.pdf"