• Index for Energy Raw Materials increases by 7.9% (US Dollar basis)
• Index for Industrial Raw Materials increases by 4.2%
• Index for Food and Beverages declines by 0.2%
Events on the global commodity markets are characterized by strong dynamics. In addition to the specific developments of individual commodities, the focus of interest is increasingly on cross-market trends and risks. To be able to identify and assess these developments, evaluation tools based on solid scientific foundations are required. The HWWI commodity price index can be effectively used for this purpose. The world market prices of the most important globally traded commodities from all sub-segments of commodity trading are recorded and condensed into a meaningful index using an objective weighting methodology. The weekly calculation based on the latest data ensures that the information is always up-to-date and generates high-frequency time series for differentiated trend and volatility analyses.
The values of the HWWI commodity price index and its sub-indices are sent to subscribers either as daily values or as monthly averages, depending on the type of subscription. In addition to the current values of the indices, subscribers have access to high-frequency, long-term time series that can be used to identify trends as a basis for forecast models.
The monthly values of the HWWI commodity price index and the individual sub-indices (US dollar and euro basis) are shown graphically in the following figures.
The HWWI publishes current developments of the HWWI commodity price index and their economic background in the form of monthly press releases for media representatives and the interested public. The press releases, which are published in German and English, analyse the development of the overall index and the sub-indices during the previous month.
• Index for Energy Raw Materials increases by 7.9% (US Dollar basis)
• Index for Industrial Raw Materials increases by 4.2%
• Index for Food and Beverages declines by 0.2%
By Claudia Wellenreuther
No. 101, 2021· Issue 2 ·
P. 147–148
By Claudia Wellenreuther
No. 100, 2020 · Issue 2 ·
P. 147–148