8 October 2010
2010- n° 246The commodities prices slowed in September Prices 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%).
tableautabpetrole – Oil and petroleum products
| Prices | Change (%) | |||
|---|---|---|---|---|
| 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 |
| Gasoline | 706.1 | 0.9 | 0.3 | 9.9 |
| Gas Oil | 672.5 | 3.3 | 2.2 | 21.0 |
| Heavy fuel | 418.6 | –1.3 | 2.5 | 6.1 |
| Naphta | 675.6 | 2.4 | 3.6 | 13.9 |
- Prices are in dollars per tonne unless otherwise specified
- Source : INSEE
tableautabmatprem – Imported raw materials (excluding energy) in domestic currency
| Index | Changes (%) | |||
|---|---|---|---|---|
| over last month | over the last 3 months | over the last 12 months | ||
| Food total | 230.6 | 3.3 | 10.3 | 7.9 |
| Tropical beverages | 239.6 | –1.4 | 0.8 | 2.1 |
| Oil seeds. vegetable oils | 251.6 | 3.6 | 14.7 | 12.6 |
| Cereals | 236.2 | 10.5 | 20.3 | 8.1 |
| Sugar | 291.2 | 23.4 | 50.0 | 6.6 |
| Beef meat | 139.4 | 0.9 | 2.8 | 13.1 |
| Industrial raw materials | 330.3 | 3.5 | 12.4 | 76.1 |
| Agricultural raw materials | 149.7 | 3.8 | 5.9 | 33.8 |
| Natural Fibers | 204.8 | 14.4 | 12.7 | 53.4 |
| Natural rubber | 424.6 | 8.2 | 10.5 | 45.2 |
| Hides | 111.0 | –2.9 | –5.1 | 32.7 |
| Wood pulp | 141.7 | 0.3 | –0.2 | 36.6 |
| Tropical wood | 145.6 | –1.8 | 4.2 | 11.5 |
| Sawn softwood | 90.0 | 5.5 | 11.7 | 24.4 |
| Minerals | 412.0 | 3.4 | 14.8 | 78.9 |
| Iron ore | 712.1 | 0.0 | 16.2 | 103.1 |
| Non-ferrous metals | 398.2 | 3.9 | 15.2 | 69.6 |
| Precious metals | 326.8 | 6.0 | 5.3 | 29.0 |
| All commodities | 269.0 | 3.4 | 11.7 | 52.4 |
- Source : INSEE
graphiqueG_petrole_ang – Oil
graphiqueG_alim_ang – Food
- Source : INSEE
- Source : INSEE
graphiqueG_ensemble_ang – All commodities
- Source : INSEE
graphiqueG_indus_ang – Industrial raw materials
- Source : INSEE
Pour en savoir plus
Time series : Raw materials prices
