Latest commodity prices: July 2022

Date: 
July 6, 2022

 

Energy prices gained 6,4%  in June, led by crude oil 6,1% and European natural gas 15,1%. Non-energy prices fell 4%. Agricultural prices dropped 3,7%. Food prices declined 4,7% led by grains -6,6% and oils and meals -5,7%. Beverages gained 1,7% while raw materials fell 2,3%. Fertilizer prices eased 0,9%. Metal prices plunged 5,5%, with some key metals registering sizeable declines (tin dropped 11,8%, aluminum 9,4% and nickel 8,6%). Precious metal prices eased 0,8%.

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Source: worldbank.org