The individual commodity weightings are based on a two-year average of commercial open interest, as identified in the Commodity Futures Trading Commission's (CFTC) Commitments of Traders Report, which is further adjusted to remove the "double counting" of upstream commodities (i.e. Crude Oil) from the downstream commodities (i.e. Heating Oil and Unleaded Gas).
New Weights
| Commodity | Weight (%) |
| Wheat | 6.352 |
| Corn | 5.112 |
| Soybeans | 3.450 |
| Bean Meal | 3.149 |
| Bean Oil | 3.152 |
| Live Cattle | 6.260 |
| Lean Hogs | 1.512 |
| Copper | 3.809 |
| Silver | 2.975 |
| Cocoa | 3.931 |
| Sugar | 3.662 |
| Coffee | 2.911 |
| Cotton | 3.677 |
| Crude Oil | 8.403 |
| Heat Oil | 12.608 |
| Unleaded Gas | 11.392 |
| Natural Gas | 17.647 |
*Index multiplier (divisor) will be released at the close of trading on February 14th, 2003*
The SPCI futures and options contracts trade at NYBOT from 10:00 am (EST) to 2:45 pm (EST). End-of-day index values and index history are available through both the S&P Index Services website atwww.spglobal.com/indexmaincommodity.html and NYBOT's Website at www.nybot.com.
The SPCI is calculated every 15 seconds and is available through traditional real-time quote vendors via the NYBOT; the ticker symbol is "I".
Standard & Poor's is a leader in providing highly valued financial data, analytical research and investment and credit opinions to the global capital markets. Among the company's many products are the S&P Global 1200, the first real-time, global equity index, the S&P 500, the premier U.S. portfolio index, and credit ratings on more than 220,000 securities and funds. With more than 5,000 employees located in 18 countries, Standard & Poor's is an integral part of the world's financial architecture. Additional information is available at www.spglobal.com.
Founded in 1888, The McGraw-Hill Companies is a global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, BusinessWeek and McGraw-Hill Education. The Corporation has more than 350 offices in 33 countries. Sales in 2001 were $4.6 billion. Additional information is available at www.mcgraw-hill.com.
The New York Board of Trade (NYBOT) is the parent company of the Coffee, Sugar and Cocoa Exchange, Inc. (CSCE) and the New York Cotton Exchange (NYCE). Through its two exchanges and their subsidiaries and divisions, NYBOT offers an expanding range of agricultural, currency and index products. Information about the New York Board of Trade can be found at www.nybot.com.
