World Bank Commodity Prices – Pink Sheet December 2022

Metal Prices Gain 5%, Nickel 16% in Nov

· Energy prices drop 4.5% in November, led by coal (-12.2%) and natural gas in Europe (-8.5%).

· Non-energy prices gain 0.7%.

· Agricultural prices decline 0.4%.

· Food prices ease 0.1%, led by grains (-3.9%).

· Beverage prices drop 5.2% while raw materials increase 2.1%.

· Fertilizer prices decline 5.8%.

· Metal prices gains 5% led by nickel (16%), tin (9.6%), and copper (5.2%).

· Precious metals increase 4.4%.

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