Latest commodity prices: December 2024

Date: 
December 4, 2024

 

Energy prices decreased 1.2% in November, led by natural gas U.S. (-4.7%) and coal (-3.1%).

Non-energy prices changed little. Food prices eased by 0.2%, raw materials fell by 2.2%, while beverages surged 11.3%.

Fertilizer prices went down by 3%. Metal prices contracted by 3.1%, with zinc and nickel leading the decline (-7.4% and -6.2%, respectively).

Precious metals dipped by 1.9%.

 

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Source: worldbank.org