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DJCB - Weekly Pricing Pulse: Commodities Rise Strongly Again
ETRACS BLOOMBERG COMMODITY INDEX TOTAL RETURN ETN SERIES B
Our Materials Price Index ((MPI)) rose another 3.0% last week, the fourth time in the past five weeks that it has posted a gain of three percent or more. Since hitting a low at the end of April the MPI has risen 20%, though it is still down 14.2% in the year to date. The easing of more restrictions in Western economies has been accompanied by some improvement in demand and caused commodity markets to become more optimistic about prospects for the second half of 2020. Still, new infections in Beijing and fears about rising