0_public:indices:bcom
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| + | ====== BCOM ====== | ||
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| + | {{analysis: | ||
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| + | Bloomberg Commodity Index (BCOM) is calculated on an excess return basis and reflects commodity futures price movements. The index rebalances annually weighted 2/3 by trading volume and 1/3 by world production and weight-caps are applied at the commodity, sector and group level for diversification. Roll period typically occurs from 6th-10th business day based on the roll schedule.[([[https:// | ||
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| + | The Bloomberg Commodity Spot Index, a gauge of the value of the world’s raw materials, last month rose 5.8%, the biggest advance since March 2022. The gains were led by oil and its derivative products, which have climbed on supply cuts from key OPEC+ producers and an improved macroeconomic outlook. Other commodities such as copper, gold, cotton and corn also rose. | ||