SAFRAS CTDI Brazil Soybean Index

Brazil’s CMA Group worked with CTDI to launch the SAFRAS CTDI Brazil Soybean Index. The index is an effective tool that offers users aggregated soybean prices from 37 different cities across Brazil. It fills a void, as currently, there is not a single soybean price being set at the national level in the country. All Brazilian soybean prices are being set at cities across the country, where physical trading takes place in regional markets. This is concerning, considering Brazil is the world’s leading soybean producer and exporter.  A lack of a transparent, coherent national soybean price is a disservice to the global financial industry.  As Brazil has become the world’s leading exporter of soybeans, a coherent national benchmark price is ever more important for producers, mid stream grain merchants, and financial participants for production and hedging purposes. 

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WMBA CTDI China Energy Index

The WMBA CTDI China Energy Index was launched in conjunction with the U.K.’s WMBA Ltd. The WMBA CTDI China Energy Index is the most effective tool to track China’s energy consumption and industrial activity.  As China’s economy shifts away from an export oriented economy to one of domestic consumption, traditional macroeconomic export data will decline in importance as a barometer of China’s economic health. In the future, tracking China’s energy consumption is the better benchmark to assess the state of the Chinese economy. Why? Energy requirements drive manufacturing output, the foundation of the domestic consumption economy.

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WMBA CTDI China Grain Index

The WMBA CTDI China Grain Index was launched in conjunction with the U.K.’s WMBA Ltd. The index is a grain focused index comprised of liquid agricultural commodities. The index comprises of three agricultural goods commodities currently traded on the Chinese futures exchanges: #1 soybean, #2 soybean, and corn. 

As the Chinese economy shifts away from an export oriented economy to one of domestic consumption, Chinese food demand has played a central role in the global agricultural supply chain.  The WMBA CTDI China Grain Index is an effective way to track China’s rapidly expanding agricultural market.  

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WMBA CTDI China Steel Index

The WMBA CTDI China Steel Index was launched in conjunction with the U.K.’s WMBA Ltd. The WMBA CTDI China Steel Index is the most effective tool to track China’s influence over the world’s steel industry, the backbone commodity of the globe’s industrial and infrastructure activity.  

As the world’s largest producer and consumer of crude steel, China directly influences prices of both steel and raw materials used in steel production.  When domestic Chinese demand for steel drops, China exports surplus steel and drives down international prices as a result. If steel output falls, the demand for raw materials will slow down and further affect prices. All these supply chain workings makes China the biggest influencer of the global steel industry.

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