Since the start of the year, the Thomson Reuters/CoreCommodity CRB Index
(CRY) has climbed 9.
Worries over China and the health of the world economy have also pushed the 19-commodity Thomson Reuters/Core Commodity CRB Index
to near 13-year lows in recent days, mirroring in part some of the pain felt by dry freight players.
The CRB index
curve is a world-renowned index comprised of 28 commodities that serves as the most widely recognized measure of global commodities prices which, in turn, are affecting the price of final consumer products, and, ultimately, inflation rates.
The Reuters/Jefferies CRB index
, a global commodities gauge, dropped 2.
Bullion was the third-largest loser for the year on the 19-commodity Thomson Reuters/Core Commodity CRB index
, after corn and silver.
US crude oil prices, the chief component of the CRB index
, ended 1% lower at the end of the week but for the month as a whole gained 2.
At Friday's close, the 19-commodity Thomson Reuters-Jefferies CRB index
was down 2.
S&P500 index for stocks or CRB index
The Thomson Reuters/Jefferies CRB Index
of raw materials lost 1.
The benchmark Thomson Reuters-Jefferies CRB index
, a global commodities benchmark, settled up 0.
In the second half of 2010, sugar prices doubled, leading gains in the period among 19 raw materials in the Thomson Reuters/Jefferies CRB Index
The Reuters-Jefferies CRB index
, a global commodities benchmark, has slid 7 percent this month.