8 July 2011
2011In June 2011, the prices of the imported commodities stabilized Prices 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).
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.
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 | 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
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 | 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
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
