Archive of month: September 2018

Agricultural prices declined for the third month in a row in August, amid strong supply for key commodities. Agricultural prices fell 0.5% month-on-month in August, but notably less than July’s 4.3% decrease.A base effect from last year and solid market fundamentals will lead agricultural prices to rise at a double-digit pace of 12.2% in Q4 […]

Base metal prices declined for the second consecutive month in August mostly reflecting cooling growth in China, which consumes nearly half of all base metals. Prices for base metals declined 3.0% over the previous month in August. Nevertheless, this was well below July’s 9.2% month-on-month drop, which represented the sharpest decrease in over eight years.

Energy prices continued to fluctuate in recent weeks as the evolution of oil prices and its derivatives are shaped by an unpredictable global economic outlook. Energy prices fell 1.3% month-on-month in August, contrasting July’s 0.5% increase. In the first half of August, oil prices were negatively affected by escalating trade tensions between China and the […]