9 November 2010

2010- n° 2742274n°246

The prices of the commodities imported were increased significantly in October Prices of oil and raw material imports - October 2010

In October, the price of oil in dollars has increased significantly (+6.3% after +0.9% in September) and reached $ 82.7$ per barrel of Brent.

Meanwhile, the prices for non-energy commodities imported by France have again increased significantly (+5.5% in foreign currencies, after +3.4% in September).

In October, the dollar price of oil from the North Sea (Brent) rose (+6.3% after +0.9%). In euros, the prices of oil stagnated (+0.1%), due to the appreciation of the euro vis-à-vis the dollar (+6.2 %).

In October, the prices of industrial raw materials in foreign currencies rose (+5.9% after +3.5%). Among the mineral raw materials (+6.2% after +3.4%), the prices of nonferrous metals accelerated more strongly (+7.4% after +3.9%), with particularly strong increases in zinc (+10.0%), lead (+8.9%), aluminium (+8.5%) and copper (+7.6%). The prices of the metals precious continued to grow rapidly, notably silver (+13.8% after +11.9%), platinum (+6.1% after 3.3%) and gold (+5.6% after 4.5%).

The prices of agro-industrial raw materials also have accelerated (+5.0% after +3.8%) due to soaring natural fibers textiles (+19.8% after +14.4%, which +20.9% for cotton), natural rubber (+11.8% after +8.2%) and coniferous sawn timber (+6.1% after +5.5%).

In October, the prices of raw food in foreign currencies accentuated their increase (+4.5% after +3.3%). The prices of oilseeds have accelerated (+6.5% after +3.6%). Conversely, the pices of cereals have moderated somewhat (+8.4% after +10.5%), particularly corn (+13.0% after 18.2%). The price of sugar has also moderated (+13.6% after 23.4%), but it remained at a high level.

Finally, the prices of tropical beverages rose moderately (+2.7% after -1.4%) due to higher prices of robusta (+4.1%) and cocoa (+3.3%).