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This is the Commodity Research Bureau's spot index of commodities. The index includes 19 commodities and is weighted 39% to energy products, especially oil, 41% to agricultural products, 7% to precious metals and 13% to base metals. So this is an overall commodity index designed to give an idea of the trend of all commodities. What is evident is that commodity prices, led by oil, fell heavily in the second half of 2014. Since then they have stabilised and begun to appreciate as the world economy recovered.

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