Agroportal
Bloomberg commodity index, which included the dynamics of 22 assets, grew by 17% compared to lows reached on January 20. Meanwhile, to overcome the threshold that separates the upward correction of the bull market, requires an increase of 20%. Soybean, gold, silver, crude oil and coffee already crossed this threshold. Only in April index rose by 8.5%. According to Bloomberg, the beginning of the year, investors have invested in exchange-traded funds focused on raw materials, about $ 18.3 billion. The total amount of assets invested in commodity hedge funds, ETF and passive indexes reached $ 315 billion - a maximum value since May 2015, said in the April report of Citigroup.