Published on Data Blog

Energy prices strengthen in May; non-energy prices ease—Pink Sheet

This page in:

Energy prices gained 5% in May, led by crude oil (6.5%) and U.S. natural gas (24.6%), the World Bank’s Pink Sheet reported. Non-energy prices declined 4.6%. 

Agricultural prices eased 0.4% in May. Food prices as a group were fairly steady, with a 2.7% increase in grains partly offsetting a 1.5% decline in oils & meals. Beverages and raw materials declined 3.3% and 0.9%, respectively.  Fertilizer prices plunged 12.5%, led by urea (-23.5%).

Metal prices dropped 11.3% in May, with all key metals registering declines (e.g., nickel fell 15.3% and copper 7.7%). Precious metal prices dropped 5.5%, led by silver (-10.8%). 


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