What Is the Commodity Index?
The earliest commodity index appeared was a futures price index compiled by the US Commodity Research Bureau based on the prices of 22 basic economically sensitive commodities on the world market in 1957, usually referred to as the CRB index.
Commodity Index
Right!
- Chinese name
- Commodity Index
- Nature
- A futures price index
- Short name
- CRB Index
- Founder
- US Commodity Research Agency
- The earliest commodity index appeared was a futures price index compiled by the US Commodity Research Bureau based on the prices of 22 basic economically sensitive commodities on the world market in 1957, usually referred to as the CRB index.
- CRB
- Commodity indexes are compiled on the basis of certain commodity prices. Different commodities have different proportions in the index. This proportion is the meaning of weight.