Below is the Traditional CRB commodity index made up of Futures priced Commodities.This is a weekly Chart and it is not pretty Dis- Inflation or deflation on the horizon being priced.Multi year lows

Now the next chart is the RIND CRB index made up of Spot prices of of raw Industrials it is better reflective of true supply and demand as actual users of Commodity dictate price action. Trend is down but no where near multi year lows as the Futures driven CRB. So industrial metals used more on production side of Economy whereas CRB is made up of all Consumer and producer commodities I will monitor as Futures driven CRB maybe more to do with negative Sentiment then actual Supply and Demand worries, we shall see.