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