All commodities price May 2023 and forecast (see chart below)
- Global:US$1.47/KG, 2.1% up
- Energy index:US$1.39/KG, 1.5% up
- Agriculture index:US$1/KG, 2% up
- Base metal index:US$1.62/KG, -0.6% down
- Precious metal:US$1.44/KG, -0.7% down
- Fertilizer index:US$1.61/KG, -0.6% down
- Beverage index:US$1.43/KG, 2.1% up
- Food index:US$1.48/KG, 1.4% up
This post is a summary of the All Commodities index as per the IMF and the World bank indexes.
The developments are expressed as an index and not in absolute terms. Therefore the All Commodities index means that the values provided are relative to Jan 1 2019 which is defined as 1.00.
All commodities index
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Further sources of information on the All Commodities index:
Data source: IMF
This data has been partly provided by the IMF and the World Bank. The only change is that it has been indexed for Jan 2019 (so Jan 2019 is set as the index 1.00). The data is provided subject to the terms and conditions as defined by the IMF
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Notes on the price-data
- We aim to update the data series on the 9th and 24th of each month (but we do not always make it for each chart)
- The data for the current month and recent history are fine-tuned over time.
- We are continually improving our data collection and processing methods
- Pricing data will be updated from time to time as we improve the accuracy
- We will improve our price trend algorithm before December 31, 2023.
- There will be continuous fine-tuning of the trend and forecast algorithm until end of December 2023.
- As part of that process, we will add many additional indexes in the final quarter of 2023
- This the index trend of the price of the product group in general and not a single specification in particular
- The source of the data are exclusively public non-confidential sources
- We combine public publications, import/export records, company announcements, and sources of ad-hoc public information.
- The chart shows the price trend, nearly always taken from many statistically-correlated sources
- The data is presented in US$. The UOM of measure is shown in the Index list table
- We do our best to create an accurate representation of the trend
- We assume no responsibility or liability for any errors or omissions in the content of this site.
- The information is provided on an “as is” basis with no guarantee of completeness, accuracy, usefulness, fitness for purpose or timeliness.
- By their nature, outlooks are always uncertain
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