The commodities prices slowed in SeptemberPrices of oil and raw material imports - September 2010
In September, the price of oil has slowed (+0.9% after +2.2% in August) and reached $ 77.8 per barrel of Brent. Meanwhile, the prices for non-energy commodities im-ported by France have also slowed (+3.4% in foreign cur-rencies, after +4.5% in August).
In September, the price of oil has slowed (+0.9% after +2.2% in August) and reached $ 77.8 per barrel of Brent.
Meanwhile, the prices for non-energy commodities imported by France have also slowed (+3.4% in foreign currencies, after +4.5% in August).
The price of oil slowed
In September, the dollar price of oil from the North Sea (Brent) was lower than in August (+0.9% after +2.2%). In euros, the prices of oil fell slightly (-0.5%), due to the appreciation of the euro vis-à-vis the dollar (+1.4 %).
The Prices of industrial raw materials also slowed
In September, the prices of industrial raw materials in foreign currencies have slowed (+3.5% after +5.0% in August). On the one hand, the increase in the prices of mineral materials has restrained (+3.4% after +6.3%). Indeed, the prices of nonferrous metals have slowed (+3.9% after +7.9% in August), notably aluminium (+2.1% after +6.5%) and titanum (+1.1% after +5.9%). In contrast, the prices of the precious metals have accelerated (+6.0% after 2.1%), including silver (+11.9% after 2.2%), gold (+4.5% after +1.9%) and platinum (+3.3% after +1.0%). The prices of palladium has also accelerated (+10.1% after +7.6%), due to social tensions in South-Africa.
On the other hand, the prices of agricultural raw materials have accelerated (+3.8% after +1.3%) reflecting the rebound in natural fibers textiles prices (+14.4% after +6.3%) and acceleration of the prices of natural rubber (+8.2% after +4.4%) and coniferous sawn timber (+5.5% after +2.2%).
The prices of raw food materials continued to increase
In September, the prices of raw food in foreign currencies continued to rise (+3.3% after +3.6% in August). Cereals prices have accelerated sharply (+10.5% after 4.8%), including corn (+18.2% after 9.0%), in the wake of high inflation in wheat’s price. The prices of sugar soared (+23.4%) due to lower production in Brazil. The prices of oilseeds, vegetable oils have slowed (+3.6% after +6.3%), including palm oil (+1.1% after +11.6%) and olive oil (-0.1% after +2.7%). Finally, the prices of tropical beverages have declined (-1.4%) due to the decrease in cocoa prices (-5.0%) and robusta (-2.5%).
tableau tabpetrole – Oil and petroleum products
|of last month||over the last month||over the last 3 months||over the last 12 months|
|Brent in $ per barrel||77.8||0.9||4.0||15.2|
|Brent in € per barrel||59.4||–0.5||–2.9||28.1|
- Prices are in dollars per tonne unless otherwise specified
- Source : INSEE
tableau tabmatprem – Imported raw materials (excluding energy) in domestic currency
|over last month||over the last 3 months||over the last 12 months|
|Oil seeds. vegetable oils||251.6||3.6||14.7||12.6|
|Industrial raw materials||330.3||3.5||12.4||76.1|
|Agricultural raw materials||149.7||3.8||5.9||33.8|
- Source : INSEE