Core Viewpoint - The commodity sector will undergo a significant rebalancing of index weights, impacting funds that track these indices, with expected adjustments leading to substantial buy and sell pressures in various commodities [1] Group 1: Gold and Silver - The index weights for gold and silver are expected to be reduced, potentially triggering sell-offs totaling over $11 billion, with some estimates reaching as high as $14 billion [1] - The adjustment scale for gold aligns with historical trends, while the adjustment for silver is projected to account for approximately 10% of its total open interest [1] Group 2: Crude Oil - The index weights for crude oil (Brent and WTI) are set to increase, which may lead to buy orders totaling around $5-6 billion, slightly higher than previous years [1] Group 3: Soft Commodities - In the soft commodities sector, sugar and cocoa are expected to perform well, with anticipated buy orders representing about 5-6% and 23-25% of their respective open interest [1] Group 4: Timeline - The rebalancing process will commence on Thursday and is expected to be completed between the 5th and 9th trading days of January, concluding on January 14 [1]
年度商品指数调仓周四启动 超百亿美元被动卖盘将冲击金银
Xin Lang Cai Jing·2026-01-08 08:42