Published on Let's Talk Development

Energy prices rise in April—Pink Sheet

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Energy commodity prices surged more than 4 percent in April, led by oil (+7.5 percent), the World Bank Pink Sheet reported. However, coal and natural gas prices in the U.S. declined 7 and 10 percent, respectively.

Non-energy prices rose marginally (+0.3 percent), with gains in beverages, fertilizers, and metals offsetting declines in food.

Agricultural prices increased marginally as gains in beverages (+3 percent) were partly balanced by declines in food (-0.3 percent).

Fertilizer prices increased 0.5 percent, led by potassium (+8 percent); TSP and DAP declined 3.5 percent each.

Metals prices gained 0.6 percent as a surge in iron ore (+8.4 percent) was balanced by declines in lead (-5.3 percent) and tin (-3.7 percent).

Precious metals prices declined more than 1 percent in response to declines in silver (-1.6 percent) and gold (-1.2 percent).

 The Pink Sheet is a monthly report that monitors commodity price movements.
Price changes in April (%)
Major commodity price indexes

Price change details


John Baffes

Senior Agriculture Economist, Development Economics Prospects Group

Maria Hazel Macadangdang

Research Analyst, Prospects Group, World Bank

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