Published on Data Blog

Commodity prices were mixed in June—Pink Sheet

July 12, 2021

This page in:

Energy prices gained 9.4% in June, following increases in all components—oil (+8.1%), coal (+21.4%), and natural gas (+13%), the World Bank’s Pink Sheet reported. Non-energy prices eased 1.4%.

Agricultural prices declined 2.2% in June. Food prices dropped 3%, led by losses in oils & meals (-5.9%) and grains (-3.2%). Beverage increased 1.3% while raw materials eased 1%. Fertilizer prices surged nearly 13%.

Metal prices eased 1.2% in June, following a large drop in copper (-5.2%); iron ore and nickel gained 3.2% and 2.3%, respectively, while the other metals changed little. Precious metals were down 1.1%, led by a 7.4% decline in platinum.

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

Get updates from Data Blog

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.