Latest commodity prices: January 2026

Date: 
January 17, 2026

 

The energy price index slipped 1.3% in December, led by a 9.0% drop in Europe natural gas and a 4.4% fall in Australia coal prices, partly offset by a 12.1% surge in U.S. natural gas. The non-energy index rose 1.3%.

Food was broadly unchanged at 0.5%, beverages fell 3.8%, and raw materials edged up nearly 1%. Fertilizers declined 5.5%, while metals and precious metals rose 5.7% and 8.4%, respectively.

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Source: worldbank.org