Energy prices gain 7 percent in May–Pink Sheet


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Energy commodity prices gained more than 7 percent in May, with advances in U.S. natural gas (+27 percent), coal (+12 percent) and oil (+7 percent), the World Bank’s Pink Sheet reported.

Non-energy prices changed little as a 1.4 percent gain in beverages was balanced by a 2 percent loss in raw materials and a 1.1 percent decline in Fertilizers.

Metals prices gained 0.4 percent, led by nickel (+3 percent) and aluminum (+2 percent).

Precious metals prices lost 2.1 percent, led by a similar decline in gold.

The Pink Sheet is a monthly report that monitors commodity price movements.
Commodity prices advanced in May

Source: World Bank.


All three commodity price indexes increased in May
Source: World Bank.

Increases in commodity prices were balanced by declines
Nominal prices, percent changes, May over April

Source: World Bank.


John Baffes

Senior Agriculture Economist, Development Economics Prospects Group

Xinghao Gong

Xinghao (Charlotte) Gong

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