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Energy prices fell 15 percent in November–Pink Sheet

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Energy commodity prices plunged more than 15 percent in November, led by oil (-19 percent) and coal (-7 percent), the World Bank’s Pink Sheet reported.

Non-energy prices declined by 1 percent, due to losses in agriculture and metals.

Agricultural prices fell 1 percent—a 3 percent decline in oils and meals was offset by a marginal gain in beverages.

Fertilizer prices gained nearly 6 percent, led by a 13 percent increase in urea.

Metals prices declined 3 percent led by nickel (-9 percent) and zinc (-3 percent).

Precious metals prices changed little—a marginal gain in gold was balanced by a 2 percent decline in silver.

The Pink Sheet is a monthly report that monitors commodity price movements.
Energy prices plunged in November
All three commodity price indexes fell in November

Most commodity prices fell in November
Nominal prices, percent changes, November over October


John Baffes

Senior Agriculture Economist, Development Economics Prospects Group

Maria Hazel Macadangdang

Research Analyst, Prospects Group, World Bank

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