World Bank Blogs (Data Blog): Commodity prices made small advances in October—Pink Sheet

12 Nov, 2020
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Energy prices increased 0.5% in October, led by gains in coal and natural gas, the World Bank’s Pink Sheet reported. Non-energy prices gained 1.5%, led by agriculture. 

Agricultural prices jumped 2% in October. Food prices increased 3.3%, led by oils and meals (+6.9%) and grains (+3.4%). Raw materials gained 3.2%, while beverages were down 6.6%. Fertilizer prices changed little (-0.3%). 

Metals prices were mixed in October with aluminum, copper, nickel, and tin moving higher, and iron ore and lead moving lower. Precious metals dropped nearly 2%, with all three component moving lower. 

 

The Pink Sheet is a monthly report that monitors commodity price movements.

AGRICULTURE AND FOOD
ENERGY
THE WORLD REGION
#DATAVIZ
COMMODITY MARKETS OUTLOOK

Authors

John BaffesLinkedIn

John Baffes

Senior Agriculture Economist, Development Economics Prospects Group

MORE BLOGS BY JOHN

Maria Hazel Macadangdang

Hazel Macadangdang

MORE BLOGS BY MARIA
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