Commodity Markets Outlook
The World Bank’s metals and minerals price index rose 10 percent in the first quarter of 2023. Price increases reflected positive sentiment about stronger demand amid supply disruptions for some…
Commodity prices are expected to fall by 21 percent this year and remain mostly stable in 2024.
Energy prices increased 5.7% in April, led by crude oil (+7.8%) and coal (+3.8%). Non-energy prices inched up 1.1%.
The Pink Sheet is a monthly report that monitors commodity price movements.
Coal prices have been retreating from their highs in 2022 but they remain well above the 2017-2021 average. Global coal consumption levels reached an all-time high in 2022, led by India and China…