Published on Data Blog

Commodity prices surged in December—Pink Sheet

January 06, 2021

This page in:

Energy prices surged in December, led by a more than 15% increase in oil prices, the World Bank’s Pink Sheet reported. Non-energy prices jumped 4.7%.

Agricultural prices advanced 2.1% in December. Food prices were up 2.6%, led grains (+3.8%) and oils and meals (+2.6%). Raw materials rose 1.4%, while beverages gained marginally (+0.8%). Fertilizer prices rose 2.2%.

Metals prices surged more than 10% in December with all components moving higher, including iron ore (+25%), copper (+10%), tin and nickel (+6.5% each). Precious metals gained almost 1%, led by a surge in platinum prices (+12.8%).

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

Get updates from Data Blog

Language:

English

Français

Español

العربية

Русский

中文

I agree with the terms of the Privacy Notice and consent to my personal data being processed, to the extent necessary, to receive these updates.

Authors

John Baffes

Senior Agriculture Economist, Development Economics Prospects Group

More Blogs By John

Maria Hazel Macadangdang

Research Analyst, Prospects Group, World Bank

More Blogs By Maria

Join the Conversation

The content of this field is kept private and will not be shown publicly

Remaining characters: 1000

I have read the Privacy Notice and consent to my personal data being processed, to the extent necessary, to submit my comment for moderation. I also consent to having my name published.