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Most commodity prices declined in September—Pink Sheet

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Energy prices declined 8.1% in September, led by natural gas Europe (-15.6%) and crude oil (-8.1%), the World Bank's Pink Sheet reported. Non-energy prices fell 1.7%. 

Agricultural prices eased 0.8% in September. Food prices changed little as a group as a 6.9% increase in grains was balanced by a 3.8% fall in edible oils. Beverage and raw material prices declined 0.5% and 4.8%, respectively.  Fertilizer prices gained 6%.

Metal prices dropped 5.7% in September with declines across the board, except nickel. Precious metals declined 4.6%. 


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

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