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Energy prices rose in March—Pink Sheet

John Baffes's picture
Energy commodity prices rebounded in more than 3 percent in March, led by oil (+4 percent), the World Bank Pink Sheet reported. Coal and natural gas prices (Europe) declined 4 and 14 percent, respectively.

Non-energy prices declined marginally, with losses in beverages and food balanced by gains in raw material and metals.

Agricultural prices declined nearly one percent, with drops in beverages (-2.5 percent) and food (-1.5 percent) partly balanced by increases in raw materials (+1.4 percent).

Fertilizer prices declined almost one percent, reflecting losses in TSP and DAP (-6.7 and -6.2 percent, respectively) and gains in potassium (+14 percent).

Metals prices gained 1.2 percent, led by increases in zinc (+5.3 percent) and copper (+2.2 percent).

Precious metals prices declined nearly 2 percent in response to declines in silver (-3.3 percent) and gold (-1.5 percent).

The Pink Sheet is a monthly report that monitors commodity price movements.
 
Nominal price indexes, percent changes, March over February

 

Major commodity price indexes


Nominal prices, percent changes, March over February

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