In February 2012, the prices of the imported commodities acceleratedPrices of oil and raw material imports - February 2012
In February, the price of oil in dollars has accelerated (+6.1% after +3.2% in January). It stood at $118.3 per barrel Brent. Rising prices in foreign currency of non-energy com-modities imported into France continued (+2.8% after +1.7% in January).
In February, the price of oil in dollars has accelerated (+6.1% after +3.2% in January). It stood at $118.3 per barrel Brent. Rising prices in foreign currency of non-energy commodities imported into France continued (+2.8% after +1.7% in January).
The prices of oil in dollars accelerated
In February, the dollar price of oil from the North Sea (Brent) has accelerated (+6.1% after +3.2%). In euros, the oil prices rose less strongly (+3.3 % after +5.2 %), due to the appreciation of European currency against the dollar (+2.6)
The prices of industrial raw material continued to rise
In February, the prices of industrial raw materials in foreign currencies continued to rise (+3.0% after +1.5% in January). On the one hand, the rising in prices of mineral raw materials has continued (+3.2% after +2.8%). The prices of nonferrous metals have slowed (+3.5% after +6.0%), mainly those of aluminiumr (+2.8% after +6.1%), nickel (+3.2% after 9.1%) and copper (+4.7% after +6.3%). But, the prices of precious metals rose sharply (+7.9% after +1.8%), including those of silver (+11.0% after +1.2%) and gold (+5.2% after +0.2%).
On the other hand, the prices of agro-industrial raw materials rebounded (+2.4% after +2.2%). Indeed, the prices of sawn wood of conifers (+4.0% after +2.2%) and natural rubber prices (+5.0% after +2.0%) accelerated. The prices of natural textile fibers, have, however, stabilized (+0.4% after +3.2%), with the falling in price of cotton (-0.4% after +6.2%).
The prices of raw food materials rose again
In February, the prices of raw food materials in foreign currencies contiued to rise (+2.2% after +2.6%). Indeed, the oilseeds prices have accelerated (+4.3% after +3.4%),
as well as sugar (+3.5% after +2.7%) and beef meal (+4.3% after +2.4%). The cereals prices have, however, retreated (-1.4% after +6.6%) : the prices of corn slowed (+1.5% after +4.8%) and those of the rice fell again (-2.9%).
tableau tabpetrole – Oil and petroleum products
|of last month||over the last month||over the last 3 months||over the last 12 months|
|Brent in $ per barrel||118,3||6,1||6,8||14,3|
|Brent in € per barrel||89,3||3,3||9,3||17,9|
- Prices are in dollars per tonne unless otherwise specified
- Source : INSEE
tableau tabmatprem – Imported raw materials (excluding energy) in domestic currency
|over the last month||over the last 3 months||over the last 12 months|
|Oil seeds, vegetable oils||271,3||4,3||5,7||–9,5|
|Industrial raw materials||238,3||3,0||3,0||–15,0|
|Agricultural raw materials||145,3||2,4||–1,2||–16,8|
- Source : INSEE