Summary Box: Commodities fall on economic worries

AP News
Posted: Mar 22, 2012 3:51 PM

BROAD DECLINE: Most commodities fell after new reports signaled economic slowdowns in China and Europe. Prices for metals, energy products and soybeans declined. Wheat and corn rose.

CHINA'S IMPACT: A survey indicated that China's manufacturing sector slowed in March from February. It's the latest sign that the pace of China's economy is weakening. It's troubling for investors because China is a huge user of raw materials.

GLOBAL QUESTIONS: A separate survey showed a purchasing managers' index for Europe fell in March. The two reports combined overshadowed more positive news about the U.S. economy.