Published on Let's Talk Development

Most commodity price indexes rose in August, led by metals – Pink Sheet

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Energy commodity prices increased 4 percent in August, led by a 5 percent gain in oil and 10 percent surge in coal, the World Bank’s Pink Sheet noted.

Metals and mineral prices increased 8 percent, led by a 15 percent jump in nickel prices. All metal prices posted strong increases. Precious metals prices gained 4 percent led by a 5 percent increase in silver.

Agriculture prices 2 percent, led by a 15 percent plunge in wheat prices. Most grain prices declined while prices of oils and meals were mixed. Fertilizer prices increased 2 percent.

The pink sheet is a monthly report that monitors commodity price movements.
Most commodity price indexes rose in August.

The industrial commodity price indexes posted gains in August.

More commodity prices increased than declined in August.
Nominal prices, percent changes, August over July



John Baffes

Senior Agriculture Economist, Development Economics Prospects Group

Maria Hazel Macadangdang

Research Analyst, Prospects Group, World Bank

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