Energy commodity prices plunged almost 11% in June, led by European natural gas prices (-17%), the World Bank Pink Sheet reported. Coal and crude oil prices declined 12% and 11%, respectively.
Non-energy prices gained 2%, led by agriculture and fertilizers. The metals and minerals index remained largely unchanged.
Agricultural prices increased nearly 3%, with gains in food (3.7%), beverages (2.9%), and raw materials (0.6%).
Fertilizer prices advanced 2.6%, led by DAP (13%) and phosphate rock (7.7%).
Metals prices were mixed, with a 9% increase in iron ore offsetting declines in zinc (-5.2%) and copper (-2.3%).
Precious metals prices gained more than 5% led by a nearly 6% increase in gold.
The Pink Sheet is a monthly report that monitors commodity price movements.
Nominal price indexes, % changes, June over May
Major commodity price indexes
Nominal prices, % changes, June over May