In June 2011, the prices of the imported commodities stabilizedPrices of oil and raw material imports - June 2011

In June, the price of oil in dollars fell again (-1.0%, but less strongly than in May (-6.9%) to reach $113.9 per barrel of Brent. The foreign currency prices for non-energy commodities imported in France have stabilized (-0.3% after -3.8% in May).

Informations rapides
Paru le : 08/07/2011
Prochaine parution le : 20/09/2017 at 12:00 - August 2017

In June, the price of oil in dollars fell again (-1.0%, but less strongly than in May (-6.9%) to reach $113.9 per barrel of Brent. The foreign currency prices for non-energy commodities imported in France have stabilized (-0.3% after -3.8% in May).

The drop in the prices of oil eased

In June, the decline in the dollar price of oil from the North Sea (Brent) decreased (-1.0% after -6.9%). In euros, the decline in oil price has been slightly more sensitive (-1.4% after -6.1% in May), due to the appreciation of European currency vis-à-vis the dollar (+0.4%). After rising rapidly earlier this year, the oil prices fell on the last three months (-0.5% in dollars and -3.1% in euros).

The prices of industrial raw materials stabilized

In June, the prices of industrial raw materials in foreign currencies have stabilized (-0.1% after -4.5%). On the one hand, the prices of mineral raw materials fell slightly (-0.5% after -4.0%). Among, the prices of nonferrous metals (-0.7% after -4.8%), the rebound in the zinc (+3.3% after -8.9%) and copper (+1.3% after -5.9%, prices offseted the decline in nickel (-7.7%) and aluminium (-1.4%) prices. Similarly, the prices of precious metals fell slightly (-0.6% after -5.5%), mainly that of silver (-2.6%), while the price of palladium have rebounded (+4.6% after -4.2%).

On the other hand, the prices of agro-industrial raw materials increased slightly (+1.1% after -6.0%), including those of sawn timber of conifers (+2.2% after -13.5%) and natural textiles fibers (+1.7% after -19.6%).

The prices of raw food materials stabilized

In June, the prices of raw food in foreign currencies have stabilized (-0.5% after -2.5%). The prices of tropical beverages fell again (-3.7% after -1.2%), including coffee prices (-6.0% for arabica ; -3.2% for robusta), due the strong production in producer countries of Latin America and Southeast of Asia. Conversely, the prices of cereals rebounded (+1.7% after 0.5%). Finally, the price of sugar has rebounded (+19.3% after -14.1%), due to the degradation of crop prospects in India, second largest producer.

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 113,9 –1,0 –0,5 52,5
Brent in € per barrel 79,1 –1,4 –3,1 29,4
Gasoline 1007,3 –6,0 –4,3 43,1
Gas Oil 942,0 0,5 –3,2 43,2
Heavy fuel 608,5 0,8 3,5 49,0
Naphta 1038,6 0,0 6,4 59,3
  • 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 267,1 –0,5 –3,7 28,0
Tropical beverages 287,2 –3,7 –7,7 20,8
Oil seeds, vegetable oils 290,4 –0,1 –0,5 31,8
Cereals 289,3 1,7 3,5 47,3
Sugar 320,0 19,3 –7,4 64,9
Beef meat 156,2 –1,4 –6,0 15,2
Industrial raw materials 268,8 –0,1 –3,8 24,3
Agricultural raw materials 162,4 1,1 –6,4 15,9
Natural Fibers 334,3 1,7 –22,6 83,9
Natural rubber 556,3 1,4 –5,3 44,9
Hides 107,7 2,5 –3,4 –7,9
Wood pulp 147,6 0,3 3,9 3,9
Tropical wood 160,2 1,0 3,8 14,6
Sawn softwood 90,2 2,2 –21,1 11,9
Minerals 326,0 –0,5 –2,9 27,4
Iron ore 622,6 0,0 –2,3 1,6
Non-ferrous metals 285,7 –0,7 –3,9 31,3
Precious metals 443,1 –0,6 2,7 46,4
All commodities 258,0 –0,3 –3,8 25,5
  • 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