Published on Let's Talk Development

Commodity prices rose modestly in February–Pink Sheet

This page in:

Energy commodity prices increased nearly 5 percent in February, led by oil (+8 percent), the World Bank’s Pink Sheet reported.

Non-energy prices gained 2 percent, in response to large price increases in metals and minerals.

Agricultural prices changed little, as increases in food and raw material prices (+0.5 percent each) were balanced by declines in beverages (-1.3 percent).

Fertilizer prices declined more than 2 percent, led by an 8 percent slide in DAP.

Metals prices surged nearly 6 percent, led by iron ore (+16 percent), nickel (+10 percent), and copper (+6 percent).

Precious metals prices rose 2 percent in response to a 2 percent jump in gold.

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

Nominal price indexes, percent changes, February over January
Major commodity price indexes

Nominal prices, percent changes, February over January



John Baffes

Senior Agriculture Economist, Development Economics Prospects Group

Maria Hazel Macadangdang

Research Analyst, Prospects Group, World Bank

Join the Conversation

The content of this field is kept private and will not be shown publicly
Remaining characters: 1000