Bloomberg commodity index at its lowest since at least 1991

FXStreet (Bali) - The carnage in commodity assets has been so dramatic over the past few year, that now Bloomberg commodity index has hit its lowest since at least 1991.

As Bloomberg explains: "The index is made up of 22 exchange-traded futures on physical commodities. The index currently represents 20 commodities, which are weighted to account for economic significance and market liquidity."