Saturday, January 16, 2010

Rogers International Commodity Index Committee Adjusts Index Weights

Jim Rogers and Beeland Interests, Inc. have announced the following adjustments to the Rogers International Commodity Index® (RICI®).

The RICI Committee reduced the weight of Soybean Oil to 2.00% from 2.17%, ICE CA Canola to 0.75% from 0.77%, and Orange Juice to 0.60% from 0.66%. The RICI Committee also added European Rapeseed at the weight of 0.25% and to allocate Wheat 6% to CBOT and 1% to KCBT (formerly 7% CBOT). These adjustments will be implemented during the January 2010 roll period and re-evaluated by the RICI Committee at its next annual meeting in December 2010.

The RICI customarily represents the value of a compendium (or "basket") of globally traded commodities (36 upon effecting these adjustments) employed in the global economy, ranging from agricultural and energy products to metals and minerals. The RICI and its various sub-indexes are used by many investment banks and investors throughout the world. The RICI has increased by over 225% since inception in 1997.

The other components of the index, listed by Contract, Exchange. Currency and Initial Index Weight, are:

Crude Oil
NYMEX
USD
21.00%

Brent
ICE1EU
USD
14.00%

Wheat
CBOT
USD
7.00%

Corn
CBOT
USD
4.75%

Cotton
ICE US
USD
4.20%

Aluminum
LME2
USD
4.00%

Copper
LME
USD
4.00%

Soybeans
CBOT
USD
3.35%

Gold
COMEX
USD
3.00%

Natural Gas
NYMEX
USD
3.00%

RBOB Gasoline
NYMEX
USD
3.00%

Soybean Oil
CBOT
USD
2.17%

Coffee
ICE US
USD
2.00%

Lead
LME
USD
2.00%

Live Cattle
CME
USD
2.00%

Silver
COMEX
USD
2.00%

Sugar
ICE US
USD
2.00%

Zinc
LME
USD
2.00%

Heating Oil
NYMEX
USD
1.80%

Platinum
NYMEX
USD
1.80%

Gas Oil
ICE EU
USD
1.20%

Cocoa
ICE US
USD
1.00%

Lean Hogs
CME
USD
1.00%

Lumber
CME
USD
1.00%

Nickel
LME
USD
1.00%

Rubber
TOCOM
JPY
1.00%

Tin
LME
USD
1.00%

Canola
ICE CA
CAD
0.77%

Soybean Meal
CBOT
USD
0.75%

Orange Juice
ICE US
USD
0.66%

Oats
CBOT
USD
0.50%

Rice
CBOT
USD
0.50%

Palladium
NYMEX
USD
0.30%

Azuki Beans
TGE
JPY
0.15%

Greasy Wool
SFE
AUS
0.10%

No comments:

Post a Comment