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S&P GSCI Agriculture Index Faces Fluctuations Amid Market Dynamics

S&P GSCI Agriculture Index Faces Fluctuations Amid Market Dynamics

The SSE Consume Commodity Index has seen a significant decline of 359.70 points, or 3.99%, since the onset of 2024, as indicated by trading on a contract for difference (CFD) that monitors this key market benchmark. Historically, the index peaked at an all-time high of 15773.80 in February 2021.

Looking ahead, analysts and global macroeconomic models project the SSE Consume Commodity Index to land at 8495.09 points by the conclusion of this quarter. Furthermore, estimates suggest it could stabilize at around 8019.68 within the next 12 months.