World Bank Commodity Rates – Pink Sheet November 2022

Energy Prices Fall 7.5 percent in Oct says World Bank Monthly Pink Sheet

· Energy Prices Fall 7.5% in October, Led by Natural Gas in Europe (-34%) and the U.S. (-27.6%).

· Non-energy Prices Fall 1.2%.

· Agricultural Prices Ease 0.7%.

· Food Prices Increases 0.8%, led by Grains (+5.7%).

· Beverages and Raw Materials Declines 6.4% and 3.2%, respectively.

· Fertilizer Prices Declines 3.7%.

· Metal Prices Drops 1.7%, led by Tin (-8.2%), Iron Ore (-7.3%), and Zinc (-5%).

· Precious Metals Ease 0.4%.

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