Wenhua Commodity Index was launched on June 2009 1, and it was quickly recognized and adopted by the industry and the media. Xinhua News Agency, the most authoritative news agency in China, china securities journal, shanghai securities news, Securities Times and other media often quote the data of Wenhua Commodity Index; In the research reports of futures companies, charts of the Wenhua Commodity Index often appear.
The compilation algorithm is as follows: 1. Weighted calculation of each variety index, with monthly positions as the weight. The result of the calculation is the price of RMB.
2. The Wenhua Commodity Index, as well as the indexes of various industries, are all calculated by arithmetic average. Firstly, all the included varieties are scaled by index, and then the arithmetic average is carried out. The result of the calculation is the number of points scaled.
Non-ferrous plate index: copper, aluminum, zinc and lead;
Building materials plate index: rebar, glass;
Chemical sector index: rubber, plastic, PVC, PTA, methanol;
Coal plate index: coking coal and coke;
Grain plate index: soybean, wheat, corn, early indica rice;
Oil plate index: soybean oil, soybean meal, palm oil, rapeseed oil and rapeseed meal;
Soft commodity sector index: cotton, sugar.
Industrial product index: all varieties included in colored plate index, building materials plate index, chemical plate index and coal plate index;
Agricultural products (00006 1, stock bar) index: all varieties included in grain sector index, oil sector index and soft commodity sector index.
Wenhua Commodity Index: All varieties included in the industrial product index and agricultural product index.
3. The unit of the ruler is the point, and the minimum change point is 0.0 1. The benchmark date is1September, 1994 12 (the opening date of the earliest futures soybean), and the benchmark index is 100.