Latest commodity prices: October 2023

Date: 
October 9, 2023

 

Energy prices surged 8.3% in September, led by oil (+9.1%) and coal, Australia (+6.5%). Non-energy prices increased by 1.5%.

Food prices gained 2.0%. Beverages increased by 1.1% while raw materials and fertilizer prices changed little.

Metal prices rose 1.5%, led by iron ore (+9.8%) and lead (+4.6%). Precious metals eased by 0.3%.

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Source: worldbank.org