Published on Data Blog

Commodity prices were mixed in November—Pink Sheet

December 06, 2021

This page in:

Energy prices dropped 6.4% in November, following declines in all components—oil (-2.6%), coal (-30%), and natural gas, Europe (-11%), the World Bank’s Pink Sheet reported. Non-energy prices remained flat as a group.

Agricultural prices gained 1.3% in November. Food prices rose 1.4%, led by grains (+3.4%). Beverages increased 1.9% while raw materials gained almost 1%. Fertilizer prices surged 19.2%.

Metal prices declined 6.1% in November, led by iron ore (-21.7%), aluminum (-10.2%), zinc (-1.4%), and copper (-1%); nickel and tin prices gained 3% and 3.8%, respectively Precious metal prices increased 2.6%, led by gold (+2.5%).

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.