Fertilizer prices are projected to average more than one quarter higher in 2021 than last year, before easing in 2022. Risks to the forecast include the pace of capacity expansions, geopolitical…

John Baffes, Wee Chian Koh |

Energy prices surged 7.1% in May, following increases in all components—oil (+5.5%), coal (+16.1%), and natural gas for European delivery (+24.7%), the World Bank’s Pink Sheet reported. Non-energy…

John Baffes, Maria Hazel Macadangdang |

Natural gas and coal prices have risen since the start of the year, albeit with significant fluctuations in the first quarter. Prices have been boosted by rebounding global economic activity,…

Peter Nagle |

Food commodity prices continued their upward momentum through early May 2021, driven by supply shortfalls, strong demand for feed commodities by China (especially maize and soybeans), and a weaker…

John Baffes, Jinxin Wu |

Metal prices continued to climb in early 2021, driven by strong demand in China, the ongoing global economic recovery, and supply disruptions. Metal prices are projected to average 30% higher in…

Wee Chian Koh, John Baffes |

Energy prices eased 0.5% in April, following a 1.3% drop in crude oil, the World Bank’s Pink Sheet reported. Non-energy prices gained 2.7%.

John Baffes, Maria Hazel Macadangdang |

Crude oil prices have recovered from their COVID-19 slump, driven by firming demand and continued production restraint by OPEC and its partners (OPEC+). As demand gradually returns to pre-pandemic…

Peter Nagle |

Commodity prices continued their recovery in the first quarter of 2021 and are expected to remain close to current levels throughout the year, lifted by the global economic rebound and improved…

John Baffes, Peter Nagle |

Energy prices gained nearly 1% in March, led by a 5.6% increase in crude oil, the World Bank’s Pink Sheet reported. Non-energy prices gained 0.8%.

John Baffes, Maria Hazel Macadangdang |

Energy prices surged 14.3% in February, led by a 13.6% increase in crude oil and an almost doubling of U.S. natural gas prices, the World Bank’s Pink Sheet reported. Non-energy prices gained 2.5…

John Baffes, Maria Hazel Macadangdang |