Historical Year Data · 2016
Global Commodity Price Index in 2016
Global Commodity Price Index opened 2016 at 85.27 and closed at 111.47, a +30.72% move for the year. The high of 111.47 was reached on December 1, and the low of 85.27 on January 1.
Open
85.27
2016-01
Close
111.47
12 data points
High
111.47
Dec 1
Low
85.27
Jan 1
Full Year Change
+30.72%
2015 Change
-20.61%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 85.27 | 85.27 | 85.27 | 85.27 | +0.00% |
| Feb | 86.99 | 86.99 | 86.99 | 86.99 | +0.00% |
| Mar | 93.57 | 93.57 | 93.57 | 93.57 | +0.00% |
| Apr | 96.93 | 96.93 | 96.93 | 96.93 | +0.00% |
| May | 100.85 | 100.85 | 100.85 | 100.85 | +0.00% |
| Jun | 103.51 | 103.51 | 103.51 | 103.51 | +0.00% |
| Jul | 102.80 | 102.80 | 102.80 | 102.80 | +0.00% |
| Aug | 103.15 | 103.15 | 103.15 | 103.15 | +0.00% |
| Sep | 103.17 | 103.17 | 103.17 | 103.17 | +0.00% |
| Oct | 106.74 | 106.74 | 106.74 | 106.74 | +0.00% |
| Nov | 105.55 | 105.55 | 105.55 | 105.55 | +0.00% |
| Dec | 111.47 | 111.47 | 111.47 | 111.47 | +0.00% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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