Providing greater access and insight into the performance of international commodity markets, Standard & Poor’s, the world’s leading index provider, announced today the launch of the S&P World Commodity Index (“S&P WCI”). The S&P WCI is the first index to consist solely of listed commodity futures contracts that trade outside of the U.S.
The S&P WCI is a rules-based, world-production-weighted commodity index. It includes 22 commodities covering the Agriculture, Energy and Metals sectors, listed on eight international exchanges and traded in six currencies in Asia, Europe, and North America. While the S&P GSCI is comprised of only U.S. dollar based commodities, the S&P WCI is multi-currency. Source: S&P