IMF Nonfuel Commodity Index

AAA

DEFINITION of 'IMF Nonfuel Commodity Index'

An index of nonfuel commodities developed and maintained by the International Monetary Fund. The index defines nonfuel commodities as industrial metals, food, beverages and agricultural raw materials, along with certain energy sources such as coal. It excludes precious metals such as gold

INVESTOPEDIA EXPLAINS 'IMF Nonfuel Commodity Index'

Weights of the nonfuel commodities in the index use 2005 as the base year. Many developing nations are very dependent on nonfuel commodities for export earnings and monitor the IMF Nonfuel Commodity Index for market trends. Prices of some nonfuel commodities such as metals have occasionally increased faster than oil prices.

RELATED TERMS
  1. Base Metals

    Metals that oxidize, tarnish or corrode relatively easily when ...
  2. Business Starts Index

    A compilation of statistics published by Dun & Bradstreet ...
  3. DUAL Commodity Channel Index - ...

    A method used in technical analysis to identify when an asset ...
  4. Russell 1000 Index

    An index of approximately 1,000 of the largest companies in the ...
  5. Economic Growth Rate

    A measure of economic growth from one period to another in percentage ...
  6. Benchmark

    A standard against which the performance of a security, mutual ...
RELATED FAQS
  1. How are American Depository Receipts (ADRs) priced?

    The price of an American depositary receipt (ADR) is determined by the bank or other financial institution that issues it. ... Read Full Answer >>
  2. How are American Depository Receipts (ADRs) exchanged?

    American depositary receipts (ADRs) are bought and sold on regular U.S. stock exchanges, either in the over-the-counter market ... Read Full Answer >>
  3. What are the main risks associated with trading derivatives?

    The primary risks associated with trading derivatives are market, counterparty, liquidity and interconnection risks. Derivatives ... Read Full Answer >>
  4. What are the top high yield bond ETFs?

    Three of the most popular high-yield bond exchange-traded funds, or ETFs, are the Peritus High Yield ETF (HYLD), the SPDR ... Read Full Answer >>
  5. Why has the market for high yield bonds grown so much?

    Reasons for the rapid growth of the high-yield bond market include the creation of new types of issues, a prolonged period ... Read Full Answer >>
  6. How can electricity be traded as a commodity by an individual investor?

    Electricity can be traded in the financial marketplace like any other commodity. Electricity futures trading offers an alternative ... Read Full Answer >>
Related Articles
  1. Fundamental Analysis

    An Introduction To The International Monetary Fund (IMF)

    Chances are you've heard of the IMF. But what does it do, and why is it so controversial?
  2. Options & Futures

    Commodities That Move The Markets

    Find out how the everyday items you use can affect your investments.
  3. Options & Futures

    Commodity Investing 101

    From the orange juice we drink to the gas we use to power our vehicles and heat our homes, commodities play important roles in our daily lives.
  4. Credit & Loans

    The Lurking Dangers of Student Loans

    Student loans are popular, but they present many dangers.
  5. Mutual Funds & ETFs

    ETF Analysis: Powershares DB US Dollar Bullish Fund

    Explore information and detailed analysis of two popular currency exchange-traded funds, the PowerShares DB U.S. Dollar Bullish and Bearish Index Funds.
  6. Mutual Funds & ETFs

    The Top 3 ETFs For Investing in Hong Kong

    Discover information and analysis of three exchange traded funds that investors can use to access potential profits from investing in Hong Kong.
  7. Mutual Funds & ETFs

    The Top 3 ETFs For Investing in Canada

    Learn specific information about three of the most popular and best performing ETFs that offer exposure to Canadian equity markets for U.S. investors.
  8. Mutual Funds & ETFs

    The Top 3 ETFs For Investing in England

    Discover how beneficial ETFs are for investors looking for exposure to the English economy, and find information on three popular U.K. ETFs.
  9. Mutual Funds & ETFs

    The Top 3 ETFs For Investing in France

    Discover how investors can use exchange traded funds (ETFs) to easily obtain exposure to equities of major companies domiciled in France.
  10. Investing

    Go Green with a Investment in Green Bonds

    If you want to invest in a socially responsible way, green bonds may be for you. And as the market grows retail investment opportunities will grow too.

You May Also Like

Hot Definitions
  1. Dog And Pony Show

    A colloquial term that generally refers to a presentation or seminar to market new products or services to potential buyers.
  2. Topless Meeting

    A meeting in which participants are not allowed to use laptops. A topless meeting organizer can also ban the use of smartphones, ...
  3. Hedging Transaction

    A type of transaction that limits investment risk with the use of derivatives, such as options and futures contracts. Hedging ...
  4. Bogey

    A buzzword that refers to a benchmark used to evaluate a fund's performance. The benchmark is an index that reflects the ...
  5. Xetra

    An all-electronic trading system based in Frankfurt, Germany. Launched in 1997 and operated by the Deutsche Börse, the Xetra ...
  6. Nuncupative Will

    A verbal will that must have two witnesses and can only deal with the distribution of personal property. A nuncupative will ...
Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!