HWWI raw material price index

The HWWI commodity price index (HWWI: Hamburgisches WeltWirtschaftsInstitut) is a comprehensive, up-to-date indicator of price developments on the HWWI's world commodity markets . The index is calculated on a US dollar and euro basis.

The HWWI raw material price index contains the important internationally traded raw materials - a total of 31 raw materials, such as crude oil, cotton, coffee and sugar.

When selecting the shopping cart, the aim was to include only unprocessed or little processed goods. Existing trade practices had to be observed. For example, non-ferrous metals are not traded in the primary processing stage as ore, but in a higher processing stage as metals on the commodity exchanges and correspondingly representative price quotes are published. Waste materials and secondary materials are not taken into account - with the exception of steel scrap, which goes into production like a raw material.

The individual raw materials in the HWWI raw material price index are weighted with their shares in the total raw material imports of the OECD countries. In the “Euroland” index, the members' imports from third countries serve as weights.

Web links

Entry at the Hamburg Institute of International Economics

Individual evidence

↑ Günter Tiess: raw materials policy in Europe . Ed .: SpringerWienNewYork. Springer Vienna New York, Vienna 2009, ISBN 978-3-211-09452-5 .

[1] Günter Tiess: raw materials policy in Europe . Ed .: SpringerWienNewYork. Springer Vienna New York, Vienna 2009, ISBN 978-3-211-09452-5 .