Natural Gas, Copper Join in Commodities Rally While Soybean Slumps - Commodities Daily Markets Wrap
Commodities climbed by 0.3% today led by gains in natural gas and copper, while soybean prices saw the largest decline
Jun 11, 2021 by Kwhen Finance Editors
Global commodity rose by 0.3% today fueled by a 4.1% increase in natural gas and a 1.2% increase in copper. Natural Gas is currently up 20.5% year-to-date, and up 0.4% over the past 12 months. Copper is currently up 27.3% year-to-date, and up 64.0% over the past 12 months. Meanwhile, the S&P 500 Index is currently up 13.7% year-to-date, and up 34.9% over the past 12 months. The Dow Jones Industrial Average is currently up 13.6% year-to-date, and up 30.1% over the past 12 months.
Sector Performance
- The S&P GSCI Total Return Index, the leading measure of general commodity price movements, rose by 0.3%.
- The Bloomberg Commodity Index TR, which measures the collateralized returns from a basket of 23 commodity futures contracts, declined by stayed level.
- Natural Gas rose the most with a 4.1% gain
- Soybean fell the most with a 1.3% decline
- Others commodities that gained include Copper, Crude Oil (Brent) and Crude Oil (West Texas), which rose by an average of 0.6%
- Others commodities that declined include Gold, Cocoa and Corn, which rose by an average of -1.0%
| Name | Ticker | DoD %Δ | YTD %Δ | 1 Yr %Δ | 2 Yr %Δ | 5 Yr %Δ |
|---|---|---|---|---|---|---|
| Market | ||||||
| S&P GSCI Total Return Index | GSG | +0.31% | +29.2% | +52.9% | +6.2% | +0.6% |
| Bloomberg Commodity Index TR | DJCB | 0.0% | +23.2% | +49.9% | +21.1% | +21.1% |
| S&P 500 | SPY | 0.0% | +13.7% | +34.9% | +52.0% | +121.7% |
| Dow Jones Industrial Average | DIA | 0.0% | +13.6% | +30.1% | +37.9% | +115.1% |
| Gainers | ||||||
| Natural Gas | UNG | +4.1% | +20.5% | +0.4% | -45.1% | -64.3% |
| Copper | CPER | +1.2% | +27.3% | +64.0% | +66.2% | +105.2% |
| Crude Oil (Brent) | BNO | +0.27% | +43.4% | +71.8% | +1.8% | +21.0% |
| Crude Oil (West Texas) | DBO | +0.24% | +47.4% | +77.8% | +33.6% | +39.5% |
| Losers | ||||||
| Soybean | SOYB | -1.3% | +26.8% | +75.9% | +61.8% | +14.2% |
| Gold | IAU | -1.1% | -0.3% | +8.9% | +42.1% | +47.0% |
| Cocoa | NIB | -0.99% | -5.9% | +3.6% | -0.1% | -25.4% |
| Corn | CORN | -0.98% | +44.2% | +83.5% | +36.4% | -2.1% |
| Coffee | JO | -0.66% | +20.8% | +48.5% | +31.6% | -8.4% |
| Silver | SLV | -0.39% | +5.7% | +53.1% | +88.5% | +57.5% |
| Wheat | WEAT | -0.29% | +10.2% | +30.4% | +21.1% | -26.2% |
| Sugar | SGG | -0.063% | +19.2% | +40.1% | +27.9% | +11.1% |
Relative Sector Performance
- Relative to the S&P GSCI Total Return Index, Natural Gas outperformed the most by +3.7%. with Copper as the next best performer with a relative outperformance of +0.9%.
- Relative to the S&P GSCI Total Return Index, Soybean underperformed the most by -1.6%. with Gold as the next worst performer with a relative underperformance of -1.4%.
- Additional commodities that underperformed the S&P GSCI Index included Cocoa, Corn and Coffee by an average of -1.2%.
| Name | Ticker | DoD %Δ | YTD %Δ | 1 Yr %Δ | 2 Yr %Δ | 5 Yr %Δ |
|---|---|---|---|---|---|---|
| Market | ||||||
| S&P GSCI Total Return Index | GSG | +0.31% | +29.2% | +52.9% | +6.2% | +0.6% |
| Relative Outperformers | ||||||
| Natural Gas | UNG | +3.7% | -8.7% | -52.5% | -51.3% | -64.8% |
| Copper | CPER | +0.92% | -1.9% | +11.1% | +60.0% | +104.6% |
| Relative Underperformers | ||||||
| Soybean | SOYB | -1.6% | -2.4% | +23.0% | +55.6% | +13.6% |
| Gold | IAU | -1.4% | -29.5% | -44.0% | +35.9% | +46.4% |
| Cocoa | NIB | -1.3% | -35.1% | -49.3% | -6.3% | -26.0% |
| Corn | CORN | -1.3% | +15.0% | +30.6% | +30.2% | -2.7% |
| Coffee | JO | -0.98% | -8.4% | -4.4% | +25.4% | -9.0% |
| Silver | SLV | -0.70% | -23.5% | +0.2% | +82.3% | +56.9% |
| Wheat | WEAT | -0.61% | -19.0% | -22.5% | +14.9% | -26.8% |
| Sugar | SGG | -0.38% | -10.0% | -12.7% | +21.7% | +10.5% |
| Crude Oil (West Texas) | DBO | -0.073% | +18.3% | +24.9% | +27.4% | +39.0% |
| Crude Oil (Brent) | BNO | -0.043% | +14.2% | +18.9% | -4.4% | +20.4% |
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