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TALA Consult Commodity Radar | September 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 September 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) (75.1%) and natural gas US (NYMEX) (38.7%) and by the EUR/USD exchange rate (27.8%).

Volatility Radar | September 2014
June 2014 – August 2014
14-09 Volatility Radar
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

Volatility Radar commodities with market place:
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)

 

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 +38.6%, Feeder Cattle (CME) +34.5% and for Nickel (LME) +29.8%. In the same period prices fell the most in the markets for corn (CBOT and US f.o.b.) -32.2%/-30.3%, soybeans (CBOT) -26.3% and natural gas EU (c.i.f.) -24.2%.

Return Radar | September 2014 | 1YEAR
September 2013 – August 2014
 14-09 Return Radar All
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 Corn (Euronext Paris) and Copper (LME) show a high negative correlation.

Correlation Radar | September 2014 | 1 YEAR
September 2013 – August 2014
 14-09 Correlation Radar
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

 

Date of publication: 5 September 2014
Sources | Disclaimer | Methodology

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