Commodities Rally Led By Gains in Copper and Sugar - Commodities Daily Markets Wrap
Commodities climbed by 0.8% today led by gains in copper and sugar, while corn prices saw the smallest gain
Apr 15, 2021 by Kwhen Finance Editors
Global commodity rose by 0.8% today fueled by a 2.9% increase in copper and a 2.3% increase in sugar. Copper is currently up 16.8% year-to-date, and up 70.6% over the past 12 months. Sugar is currently up 7.3% year-to-date, and up 51.3% over the past 12 months. Meanwhile, the S&P 500 Index is currently up 10.4% year-to-date, and up 47.3% over the past 12 months. The Dow Jones Industrial Average is currently up 10.9% year-to-date, and up 43.6% over the past 12 months.
Sector Performance
- The S&P GSCI Total Return Index, the leading measure of general commodity price movements, rose by 0.8%.
- The Bloomberg Commodity Index TR, which measures the collateralized returns from a basket of 23 commodity futures contracts, declined by rose by 0.9%.
- Copper rose the most with a 2.9% gain
- Corn rose the most with a 0.1% gain
- Others commodities that gained include Sugar, Coffee and Silver, which rose by an average of 2.0%
- No commodities declined today.
Name | Ticker | DoD %Δ | YTD %Δ | 1 Yr %Δ | 2 Yr %Δ | 5 Yr %Δ |
---|---|---|---|---|---|---|
Market | ||||||
S&P GSCI Total Return Index | GSG | +0.83% | +17.5% | +50.8% | -12.8% | +1.1% |
Bloomberg Commodity Index TR | DJCB | +0.87% | +10.6% | +38.1% | +8.7% | +8.7% |
S&P 500 | SPY | 0.0% | +10.4% | +47.3% | +47.0% | +117.5% |
Dow Jones Industrial Average | DIA | 0.0% | +10.9% | +43.6% | +33.4% | +110.4% |
Gainers | ||||||
Copper | CPER | +2.9% | +16.8% | +70.6% | +37.8% | +74.7% |
Sugar | SGG | +2.3% | +7.3% | +51.3% | +11.4% | -0.0% |
Coffee | JO | +2.0% | +0.9% | +1.6% | +16.4% | -23.5% |
Silver | SLV | +1.9% | -4.0% | +61.0% | +67.9% | +53.8% |
Natural Gas | UNG | +1.8% | +4.7% | -22.7% | -58.8% | -64.0% |
Gold | IAU | +1.6% | -8.7% | +0.1% | +34.0% | +39.9% |
Wheat | WEAT | +0.63% | +1.9% | +11.1% | +18.2% | -27.9% |
Crude Oil (Brent) | BNO | +0.60% | +30.1% | +83.8% | -17.6% | +25.2% |
Soybean | SOYB | +0.47% | +9.5% | +54.2% | +33.8% | +14.1% |
Cocoa | NIB | +0.36% | -2.7% | +13.8% | +10.0% | -19.6% |
Crude Oil (West Texas) | DBO | +0.18% | +33.2% | +72.2% | +4.1% | +43.2% |
Corn | CORN | +0.054% | +18.0% | +48.1% | +19.8% | -13.3% |
Losers |
Relative Sector Performance
- Relative to the S&P GSCI Total Return Index, Copper outperformed the most by +2.0%. with Sugar as the next best performer with a relative outperformance of +1.4%.
- Additional commodities that outperformed the S&P GSCI Index included Coffee, Silver and Natural Gas by an average of +1.0%.
- Relative to the S&P GSCI Total Return Index, Corn underperformed the most by -0.8%. with Crude Oil (West Texas) as the next worst performer with a relative underperformance of -0.7%.
- Additional commodities that underperformed the S&P GSCI Index included Cocoa, Soybean and Crude Oil (Brent) by an average of -0.4%.
Name | Ticker | DoD %Δ | YTD %Δ | 1 Yr %Δ | 2 Yr %Δ | 5 Yr %Δ |
---|---|---|---|---|---|---|
Market | ||||||
S&P GSCI Total Return Index | GSG | +0.83% | +17.5% | +50.8% | -12.8% | +1.1% |
Relative Outperformers | ||||||
Copper | CPER | +2.0% | -0.7% | +19.9% | +50.7% | +73.6% |
Sugar | SGG | +1.4% | -10.2% | +0.6% | +24.2% | -1.1% |
Coffee | JO | +1.2% | -16.6% | -49.2% | +29.2% | -24.6% |
Silver | SLV | +1.0% | -21.5% | +10.2% | +80.7% | +52.7% |
Natural Gas | UNG | +0.94% | -12.8% | -73.4% | -45.9% | -65.1% |
Gold | IAU | +0.80% | -26.2% | -50.7% | +46.8% | +38.8% |
Relative Underperformers | ||||||
Corn | CORN | -0.77% | +0.5% | -2.7% | +32.6% | -14.4% |
Crude Oil (West Texas) | DBO | -0.65% | +15.7% | +21.5% | +16.9% | +42.1% |
Cocoa | NIB | -0.47% | -20.2% | -36.9% | +22.8% | -20.7% |
Soybean | SOYB | -0.35% | -8.0% | +3.4% | +46.6% | +13.0% |
Crude Oil (Brent) | BNO | -0.23% | +12.6% | +33.0% | -4.8% | +24.1% |
Wheat | WEAT | -0.19% | -15.6% | -39.7% | +31.0% | -29.0% |
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