World Bank Commodity Prices – Price Surge Continues in May 2021, Energy Leads 7.1%, Agri 5.7%

Commodity prices resumed their upward surge in May, rising across the board. Energy commodities rose 7.1% (up 35.1% since end-December) while non-energy commodities jumped 6.8% (18.8%). Agriculture commodities rose 5.7% (14.4%), fertilizers 4.4% (34.6%), metals and minerals 9.1% (26.2%), and precious metals 5.4% (1.6%).

[ABS News Service/04.06.2021]