Published on Data Blog

Commodity prices soared further in March—Pink Sheet

This page in:

Energy prices surged 24.1% in March, led by crude oil (+20.2%), coal (+49.9%), and natural gas, Europe (+55.7%), the World Bank’s Pink Sheet reported. Non-energy prices gained 8.1%. 

Agricultural prices climbed 7.2% in March. Food prices increased 11.6%, led by grains (+14.5%) and oils & meals (+12.1%). Beverages and raw material prices declined 6.1% and 1.1%, respectively. Fertilizer prices surged 20.7%. 

Metal prices increased 7.7% in March, led by nickel (41.3%), zinc (9.5%), aluminum (+7.8%), and iron ore (+6.5%). Precious metal prices rose 5.3%, led by silver (+7.5%) and gold (+4.9%). 


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


John Baffes

Senior Agriculture Economist, Development Economics Prospects Group

Maria Hazel Macadangdang

Research Analyst, Prospects Group, World Bank

Join the Conversation

The content of this field is kept private and will not be shown publicly
Remaining characters: 1000