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
![Nominal price indexes, % changes, June over May](/content/dam/sites/blogs/img/detail/mgr/nominal_price_indexes_changes_june_over_may.png)
Major commodity price indexes
![Major commodity price indexes](/content/dam/sites/blogs/img/detail/mgr/major_commodity_price_indexes.png)
Nominal prices, % changes, June over May
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