The CCI, or Continuous Commodity Index, revised the original Commodity Reaserch Bureau Index (CRB) in 1995. The CRB was originally traded in 1986, and then its name changed to the Reuters CRB Index in 2001. Further, the CRB follows the general direction of a compilation of commodities rather than any one market sector. The CCI Index is composed of seventeen commodity futures contracts.
|CRB CCI Index Contract Specifications|
|Units of Trading||$500 x Index|
|Tick Size||0.05 points ($25.00 per contract)|
|Trading Months||January, February, April, June, August, November.|
|Trading Hours||9:00am-1:30pm CT|
|Last Trading Day||Second Friday of the expiration month|
Last updated May 2013
Recent Posts on CRB CCI
- Dr. Copper’s Diagnosis is Not Good for Commodity Bulls (9/23/2011) - Since the middle of February, Copper prices have fallen from a high of $4.62 to a fresh low of $3.45 – this has my attention; it should have yours as well. Copper is known to many traders as “Dr. Copper” because of its ability to predict overall demand/supply in the economy. However, Copper is not… Read more.
- Chinese demand, hail in Texas push up cotton prices (12/13/2010) - The world's biggest importer of cotton helped cotton prices climb following speculation that U.S. supplies will be unable to coincide with demand, Bloomberg reports. U.S. inventories stooped to their lowest amounts in 14 years yet the prices increased the most allowed by ICE Futures. According to the Agriculture Department, stockpiles of cotton for the year… Read more.
- Jim Rogers calls the next two decades for commodities (12/8/2010) - Despite the recent rally in commodities – Reuters/Jefferies CRB index just hit its highest point since October 2008 – Jim Rogers, the investor and economist who made his name calling for a multi-year bull market in commodities, believes that the trade in real, tangible goods remains the way of the future. Reuters reported on his words… Read more.