Latest commodity prices: December 2023

Date: 
December 8, 2023

 

Energy prices decreased by 8.2% in November, led by coal (-12.9%) and oil (-8.7%). Non-energy prices were up by 1.7%.

Food prices inched up 0.9%. Beverages gained 7% and raw materials changed little.

Fertilizer prices dropped 2.9%.

Metal prices rose by 2.7%, led by iron ore (+10.4%) and zinc (+5.3%). Precious metals climbed by 3.7%.

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Source: worldbank.org