In July 2011, the prices of the imported commodities recoveredPrices of oil and raw material imports - July 2011

In July, the price of oil in dollars rebounded (+2.3%) after having declined sightly in June (-1,0%). It stood at $116.5 per barrel Brent. The foreign currency prices for non-energy commodities imported into France have also recovered (+1.6% after -0.4% in June).

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

Warning : the history of indexes of natural textiles fibers and soyeabean meal prices has been revised

In July, the price of oil in dollars rebounded (+2.3%) after having declined sightly in June (-1,0%). It stood at $116.5 per barrel Brent. The foreign currency prices for non-energy commodities imported into France have also recovered (+1.6% after -0.4% in June).

The price of oil recovered

In July, the dollar price of oil from the North Sea (Brent) recovered (+2.3% after -1.0%). In euros, the rise in oil price was higher (+3.1% after -1.4% in June), due to the depreciation of European currency vis-à-vis the dollar (-0.8%). After rising rapidly earlier this year, the prices of oil has dropped over the last three months (-5.7% in dollars and -4.6% in euros).

The prices of industrial raw materials bounced

In July, the prices of industrial raw materials in foreign currencies have rebounded (+1.9% after -0.2%). On the one hand, the prices of mineral raw materials have risen (+2.0% after -0.5%). Among, the prices of nonferrous metals (+2.6% after -0.7%), the increases in the zinc (+7.3%), lead (+6.8%) and copper (+6.3%) were partially offset by lower prices of titanium (-2.0%) and aluminium (-1.7%). The prices of precious metals increased again (+3.8% after -0.6%), mainly those of silver (+5.9%) and gold (+2.9%).

On the other hand, the prices of agro-industrial raw materials have accelerated (+1.4% after +0.8% in June) due to the particular jump in prices of sawn timber of conifers (+8.9% after +2.2%). In contrast, the prices of natural textiles fibers have increased their fall (-15.3% after -7.2%) in the wake of cotton prices (-18.4% after -9.6%).

The prices of raw food materials recovered

In July, the prices of raw food in foreign currencies have rebounded (+1.0% after -0.8%). The prices of tropical beverages rebounded (+1.9% after -3.7%), including tea prices (+8.4%) and cocoa (+4.5%) In contrast, the prices of imported cereals were down (-2.4% after +1.7%), due to a sustained fall in maize prices (-5.1%). Similarly, the prices of oilseeds continued to decline (-0.6% after -0.8% in June). Finally, the price of sugar has slowed (+13.1% after +19.3%).

tabpetrole – Oil and petroleum products

in dollar
Oil and petroleum products
Prices Change (%)
Over the last month over the last month over the last 3 months over the last 12 months
Brent in $ per barrel 116,5 2,3 –5,7 54,6
Brent in € per barrel 81,6 3,1 –4,6 38,5
Gasoline 1054,7 4,7 –7,5 53,3
Gas Oil 968,9 2,9 –5,3 51,7
Heavy fuel 633,1 4,0 0,3 56,6
Naphta 1038,6 0,0 –1,3 67,7
  • 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 the last month over last month over the last 3 months over the last 12 months
Food total 269,7 1,0 –2,1 25,6
Tropical beverages 292,6 1,9 –3,1 19,3
Oil seeds, vegetable oils 288,5 –0,6 –1,6 25,8
Cereals 282,4 –2,4 –1,3 38,5
Sugar 361,8 13,1 15,9 67,2
Beef meat 158,7 1,6 –5,7 18,7
Industrial raw materials 273,6 1,9 –2,9 22,1
Agricultural raw materials 164,2 1,4 –3,9 15,9
Natural Fibers 258,5 –15,3 –36,7 53,3
Natural rubber 551,2 –0,9 –8,7 46,6
Hides 106,9 –0,8 –2,9 –7,7
Wood pulp 147,5 –0,1 0,9 3,1
Tropical wood 159,4 –0,5 1,9 10,1
Sawn softwood 98,3 8,9 –3,7 17,7
Minerals 332,7 2,0 –2,6 24,3
Iron ore 615,1 –1,2 –1,2 –13,6
Non-ferrous metals 293,2 2,6 –3,0 31,5
Precious metals 460,0 3,8 –2,5 56,2
All commodities 261,9 1,6 –2,6 23,3
  • 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