Commodity prices made small advances in October—Pink Sheet

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Energy prices increased 0.5% in October, led by gains in coal and natural gas, the World Bank’s Pink Sheet reported. Non-energy prices gained 1.5%, led by agriculture. 

Agricultural prices jumped 2% in October. Food prices increased 3.3%, led by oils and meals (+6.9%) and grains (+3.4%). Raw materials gained 3.2%, while beverages were down 6.6%. Fertilizer prices changed little (-0.3%). 

Metals prices were mixed in October with aluminum, copper, nickel, and tin moving higher, and iron ore and lead moving lower. Precious metals dropped nearly 2%, with all three component moving lower. 

 

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

Topics
Agriculture and Food
Energy
Regions
The World Region
Series
#DataViz
Commodity Markets Outlook

Authors

John Baffes

John Baffes

Senior Agriculture Economist, Development Economics Prospects Group

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Hazel Macadangdang

Maria Hazel Macadangdang

Hazel Macadangdang

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Makoy
November 23, 2020

I am interested to get more information about economics

Birhanu Aseffa Haile
November 23, 2020

Thank you for everything that world Bank topics I will happy to read the email and topics as well as the world Bank report; Actually the Horn of Africa its hard to find energy even as Ethiopian we need more energy for improving the sustainable development goal . However the global community could not helping us why? even the world Bank so we need effort from global community to building #GERD. Thank you again Birhanu Aseffa Haile
Addis Ababa/Ethiopian/