In June 2012, the prices of imported raw materials registered a further declinePrices of oil and raw material imports - June 2012

In June, the price of oil in dollars continued to decline (–13.5% after –7.6%) in May). It stood at $96.4 per barrel Brent, its lowest level since January 2011. Meanwhile, the foreign currency prices for non-energy commodities imported into France recorded a further decline (-3.2% after –1.6% in May).

In June, the price of oil in dollars continued to decline (–13.5% after –7.6%) in May). It stood at $96.4 per barrel Brent, its lowest level since January 2011. Meanwhile, the foreign currency prices for non-energy commodities imported into France recorded a further decline (-3.2% after –1.6% in May).

The oil prices continued to decreased

In June, the decline in the dollar price of oil from the North Sea (Brent) has increased significantly (-13.5% after -7.6%). In euros, the decline in oil prices was also marked (-11.8% after –4.9 %), despite a further depreciation of the euro against the dollar (-2.0%).

The prices of industrial raw material still down

In June, the prices of industrial raw materials in foreign currencies continued to fall (-4.0% after -3.0% in May). The decline in the prices of mineral raw materials has continued to increase (-4.1% after -4.4%). In Particular, the prices of nonferrous metals fell sharply (-5.3% after –3.3%), notably those of copper (-6.3%), aluminium (-5.8%) and lead (-7.2%). However, the decline in the prices of precious metals has significantly attenuated (-0.6% after –6.3%). The price of silver fell less sharply than in May (-2.2% after -9.1%) and those of gold rose again (+0.7% after –3.9%).

The prices of agro-industrial raw materials retreated (-3.6% after +1.2%), especially those of natural rubber (-12.8%) and natural textile fibers (-6.5%) and as the cotton (-7.0%).

The prices of raw food materials retreated

In June, the prices of raw food materials in foreign currencies decreased (-1.8% after +0.9% in Mayl). Indeed, the tropical foodstuffs prices fell (-4.1% after +0.9%), due to the sharp drop in the price of arabica (-9.7%) and to a lesser extent than those of cocoa (-3.2%). The prices of oilseeds have also declined (-0.4% after +1.3%), including those of

palm oil (-10.3%) and olive oil (-3.3%), as well as those of the cereals (-1.4% after +2.2%), due to a further decrease in the price of corn (-2.2%). The prices of sugar were however on the rise again (+1.0% after –11.9%).

tabpetrole_ang – 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 96,4 –13,5 –22,6 –15,4
Brent in € per barrel 76,9 –11,8 –18,4 –2,8
Gasoline 929,1 –9,0 –19,7 –7,8
Gas Oil 843,3 –9,7 –17,7 –10,5
Heavy fuel 553,6 –11,7 –20,5 –9,0
Naphtha 731,9 –17,0 –31,4 –22,0
  • 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 the last 3 months over the last 12 months
Food total 255,1 –1,8 –0,9 –4,8
Tropical foodstuff 216,3 –4,1 –6,7 –24,7
Oil seeds, vegetable oils 312,7 –0,4 6,8 8,1
Cereals 298,4 –1,4 0,9 3,1
Sugar 251,0 1,0 –17,3 –21,6
Beef meat 167,0 –2,1 –4,0 6,9
Industrial raw materials 242,0 –4,0 –8,8 –18,8
Agricultural raw materials 144,6 –3,6 –2,6 –10,7
Natural Fibers 172,3 –6,5 –17,0 –43,5
Natural rubber 369,4 –12,8 –19,8 –33,6
Hides 105,4 –1,7 1,1 –2,2
Wood pulp 124,9 –0,1 1,0 –15,4
Tropical wood 142,6 –3,3 –2,7 –11,0
Sawn softwood 116,5 –1,8 7,0 29,2
Minerals 294,0 –4,1 –10,8 –21,4
Iron ore 1081,3 –1,2 –6,9 –21,2
Non-ferrous metals 220,7 –5,3 –12,0 –22,7
Precious metals 398,2 –0,6 –9,6 –10,1
All commodities 236,9 –3,2 –6,0 –14,1
  • Source : INSEE

G_petrole_ang – Oil

  • Source : INSEE

G_alim_ang – Food

  • Source : INSEE

G_ensemble_ang – All commodities

  • Source : INSEE

G_indus_ang – Industrial raw materials

  • Source : INSEE