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TALA Consult Commodity Radar | November 2014

[EN] Every month our commodity radar provides you with an illustrative overview of the latest key figures of the most important raw materials from different sectors.

The radar is supposed to make it easy for you to gain a general view of the current raw material market situation, including energy, agricultural and metal markets. As latest returns, volatility and correlations are shown, it may even provide an indication as to whether an active risk management could be worthwhile for your company as well.

All figures are based on Euro prices. Current issue November 2014.

1. VOLATILITY RADAR
This radar illustrates the annualized volatility based on daily price data in Euro of the latest 3 months (except * and *²). The highest price movements are currently noticed in the markets for pork (CME) (94.9%) and nickel (LME) (31.3%) as well as shown by the EUR/USD exchange rate (36.4%).

Volatility Radar | November 2014

August 2014 – October 2014

Source: TALA Consult Commodity Radar

* annualized volatility based on monthly data over the last 12 months

*² annualized volatility based on weekly data over the last 52 weeks

2. RETURN RADAR
The following chart displays the returns of the last 12 months for all our raw materials analysed (based on daily prices unless specified by *, *²). We have observed the strongest price increases in the markets for cattle (U.S. c.i.f.) with a return of +48.0%, for feeder cattle (CME) +45.8% and for coffee (LIFFE) +42.3%. In the same period prices have fallen the most in the markets for silver (LBMA) -21.9%, wheat (hard and soft red winter, US f.o.b.) -21.1/-19.5% and soybeans (C.i.f. Rotterdam) -17.6%.

Return Radar | November 2014 | 1YEAR

November 2013 – October 2014

Source: TALA Consult Commodity Radar

*returns based on monthly data over the last 12 months

*²returns based on weekly data over the last 52 weeks

You can find return charts for each sector in our monthly highlights blogs for energiesmetals and agriculture.


3. CORRELATION RADAR
The chart below shows negative as well as positive correlations between raw materials over the last 12 months (12 last day of month prices). Among others, this can be of great interest when cross-hedging strategies are considered. During the last year, a high positive correlation between the prices of aluminium, lead and zinc could be noticed, whereas feeder cattle (CME) and corn (Euronext Paris) show a high negative correlation.

Correlation Radar | November 2014 | 1 YEAR

November 2013 – October 2014

Source: TALA Consult Commodity Radar

4. Additional information about all raw materials
Click on the raw materials below to receive more detailed information about historical price developments, exchange rate influences, returns and other key figures.

 

1. Crude Oil
2. Natural Gas
3. Wheat
4. Corn
5. Cotton
6. Soybeans
7. Cocoa
8. Sugar
9. Pork
10. Gold
11. Silver
12. Copper
13. Aluminium
14. Lead
15. Zinc
16. Nickel

Market places considered in this analysis:
Crude oil Brent (ICE Futures), Cruide oil WTI (NYMEX), Natural gas EU (c.i.f.), Natural gas US (NYMEX), Cotton (A-Index), Rice (5% Thailand f.o.b. Bangkok), Live Cattle (CME), Feeder Cattle (CME), Pork (CME), Chicken (US wholesale price), Wheat (Euronext Paris), Corn (Euronext Paris), Soybeans (C.i.f. Rotterdam), Cocoa (ICE Futures), Coffee (LIFFE), Sugar (LIFFE), Whole milk powder (f.o.b. Europe), Skimmed milk powder (f.o.b. Europe), Butter (f.o.b. Europe), Copper (LME), Aluminium (LME), Lead (LME), Zinc (LME), Nickel (LME), Gold (LBMA), Silver (LBMA)

Date of publication: 10 November 2014
Sources | Disclaimer | Methodology

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