Power prices fell 6 percent in June — Pink Sheet

admin Rural China Education Leave a comment  

Energy commodity prices declined six percent in June, led with a 7. 5 percent plunge in oil, the World Bank’s Pink Sheet said.

Agriculture prices decreased nearly 2 percent, with most groups easing, including food and beverages (down 1 percent each) and unprocessed trash (off 3. 5 percent). Fertilizer prices gained 2 percent.

Metals and mineral costs slid 1 percent, led by an 8 percent tumble in metal ore prices. Precious metals prices increased 1 percent.

The Red Sheet is a monthly report that monitors commodity price movements.

Chart 1: Most commodity price indexes declined within June

Nominal price indexes, percent changes, June over May

 Most commodity price indexes declined in June

Source: World Bank

Chart 2: Metal costs post the fourth consecutive monthly decline

Major cost indexes, US$ (2000 = 100)

 Metal prices post the fourth consecutive monthly decline

Source: Entire world Bank

Graph 3: Commodity price movements were distributed roughly evenly among boosts and declines.

Nominal prices, percent changes, 06 over May

 Commodity price movements were distributed roughly evenly among increases and declines

Source: World Bank

Add a Comment