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December 2010

Global Commodity Watch - December 2010

John Baffes's picture

Non-energy commodity prices rose for a fifth straight month in November, up 3.4 percent, despite slight strengthening of the dollar. There was large volatility during the month, with prices of many exchange traded commodities peaking early in November then declining sharply before recovering more recently.


World Bank publishes latest commodity prices: November 2010

John Baffes's picture

Commodity prices (measured in U.S. dollar) continued to climb in November 2010. Energy prices increased 3.6%; non-energy prices rose by 3.4%.  Food prices advanced by 4.9% while beverages were up moderately by 2.9%; raw materials prices rallied by 7.6%; metals remained firm. The US dollar appreciated 1.7% against the euro and appreciated 0.3% against a broad index of currencies.