Commodity prices fell in April—Pink Sheet

The energy price index fell 7.6% in April, led by declines in U.S. natural gas (-17.6%) and crude oil (-6.8%), the World Bank's Pink Sheet reported. Non-energy prices decreased by 2.6%.

The agricultural price index eased by 0.7%. Food prices edged down 0.5%, raw materials dipped 0.9%, and beverage prices declined by 0.8%. Fertilizer prices inched up 0.7%. The agricultural price index eased by 0.7%. Food prices edged down 0.5%, raw materials dipped 0.9%, and beverage prices declined by 0.8%. Fertilizer prices inched up 0.7%.

Metal prices dropped 7%, led by aluminum (-10.8%) and zinc (-9.3%), with copper, lead, and nickel each down around 6%. Precious metals rose 6.3%, driven by gold (+7.9%), while platinum and silver edged lower.

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