The prices of the imported commodities slowed in NovemberPrices of oil and raw material imports - November 2010

In November, the price of oil in dollars slowed (+3.1% after 6.3% in October), reaching $ 85.2 per barrel of Brent.

Informations rapides
No 3002274n°246
Paru le : 07/12/2010

In November, the price of oil in dollars slowed (+3.1% after 6.3% in October), reaching $ 85.2 per barrel of Brent.

The prices for non-energy commodities imported by France have also slowed (+2.3% in foreign currencies, after +5.5% in October).

The price of oil slowed

In November, the dollar price of oil from the North Sea (Brent) was slower than in October (+3.1% after 6.3%). In euros, however, the prices of oil rose more sharply (+4.9%), due to the depreciation of the euro vis-à-vis the dollar (-1.7 %).

The Prices of industrial raw materials slowed

In November, the prices of industrial raw materials in foreign currencies have significantly slowed (+1.7% after +5.9%). Among the mineral raw materials (+0.1% after +6.2%), the prices of nonferrous metals have actually declined (-0.2% after +7.4%), including god (+2.0% after +5.6%) and platinum (+0.3% after 6.1%). In contrast, the price of palladium accelerated sharply (+14.4% after 9.7%), due to the combined effect of strikes in some mines of South Africa and increasing in demand from China’s auto industry.

Meanwhile, the prices of agro-industrial raw materials continued to rise +6.5% after 5.0%), as a result of higher natural textile fibers (+2.1% after 19.8%), including cotton (+23.11%), and the rebound in prices of sawn wood of conifers (+11.8% after 6.1%).

The prices of raw food materials moderated

In November, the prices of raw food in foreign currencies have been lower than in October (+3.6% after +4.5%). The prices of cereals have sharply slowed (+2.0% after +8.4%), particularly corn (+1.4% after +13.0%). The prices of sugar also slowed (+7.5% after 13.6%). The slowdown was less marked for oilseeds (+5.6% after +6.5%) and tropical beverages (+2.4% after +2.7%), despite the falling prices of tea (-6.7%) and cocoa (-1.1%).

tabpetrole – Oil and petroleum products

in dollar
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 85,2 3,1 10,7 11,2
Brent in € per barrel 62,4 4,9 4,5 21,3
Gasoline 768,3 0,5 9,8 10,3
Gas Oil 726,8 1,8 11,6 16,5
Heavy fuel 450,7 1,5 6,3 –1,1
Naphta 779,7 4,0 18,2 16,7
  • Prices are in dollars per tonne unless otherwise specified
  • Source : INSEE

tabmatprem – Imported raw materials (excluding energy) in domestic currency

base 100 in 2000
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 249,7 3,6 11,9 12,4
Tropical beverages 251,9 2,4 3,6 0,7
Oil seeds, vegetable oils 282,8 5,6 16,4 21,0
Cereals 261,2 2,0 22,2 15,3
Sugar 355,6 7,5 50,7 27,2
Beef meat 138,1 0,6 0,0 12,4
Industrial raw materials 351,5 1,7 10,1 74,8
Agricultural raw mate rials 167,3 6,5 16,0 34,4
Natural Fibers 296,9 21,0 65,8 100,2
Natural rubber 527,6 11,1 34,4 57,2
Hides 113,9 0,5 –0,4 22,9
Wood pulp 139,6 –1,2 –1,1 22,6
Tropical wood 147,3 0,7 –0,6 7,7
Sawn softwood 106,7 11,8 25,0 30,8
Minerals 431,0 0,1 8,2 76,6
Iron ore 632,2 0,0 –11,2 80,3
Non-ferrous metals 426,5 –0,2 11,3 70,6
Precious metals 368,9 4,9 19,7 30,2
All commodities 288,0 2,3 10,7 53,8
  • Source : INSEE

G_petrole_ang – Oil

G_alim_ang – Food

  • Source : INSEE
  • Source : INSEE

G_ensemble_ang – All commodities

  • Source : INSEE

G_indus_ang – Industrial raw materials

  • Source : INSEE