Commodity Research Bureau Index (CRBI): Definition and Weightings
8/28/2025 06:21pm
The Commodity Research Bureau Index (CRBI) is a significant indicator of global commodity market trends, providing insights into the direction of prices across various sectors.
1. **Definition and Composition**: The CRBI is a weighted index comprising 19 commodities, with a focus on energy, agriculture, precious metals, and industrial metals. It aims to reflect the overall price movements in commodity trades, offering a comprehensive view of the global commodity market.
2. **Historical Relevance**: Established in 1957, the CRBI has evolved over time to adapt to changes in the global economy and commodity importance. Its original version included 28 commodities, which was revised to the current 19 to better represent market trends.
3. **Current Market Position**: As of August 25, 2025, the CRBI Index stood at 373.08 Index Points, marking a 0.61% increase from the previous day. Despite a slight monthly decline of 0.26%, the index remains 11.81% higher than at this time last year.
4. **Market Influence**: The CRBI is widely recognized as a crucial benchmark for investors, analysts, and economists, helping them gauge economic conditions and market movements. Its relevance is underscored by its role in tracking inflationary trends and its use in monitoring the overall health of the commodity markets.
In conclusion, the CRBI is a pivotal tool for understanding the global commodity market's dynamics and trends, providing valuable insights for a wide range of market participants.