In March 2012, the prices of the imported commodities satabilizedPrices of oil and raw material imports - March 2012

In March, the price of oil in dollars continued to rise (+5.3% after +6.1% in February). It stood at $124.5 per barrel Brent. The prices in foreign currency of non-energy commodities imported into France have stabilized (+0.5% after +2.8% in February).

In March, the price of oil in dollars continued to rise (+5.3% after +6.1% in February). It stood at $124.5 per barrel Brent. The prices in foreign currency of non-energy commodities imported into France have stabilized (+0.5% after +2.8% in February).

The prices of oil in dollars continued to rise

In March, the dollar price of oil from the North Sea (Brent) slowed slightly (+5.3% after +6.1%). In euros, the oil prices per barrel has accelerated (+5.5 % after +3.3 %), supported by moderated depreciation of the euro against the dollar (-0.2%). However, over the last three months, the price of oil rose sharply, by 15.2% in dollars and 14.7% in euros.

The prices of industrial raw material receded

In March the prices of industrial raw materials in foreign currencies fell (-0.7% after +3.0% in February). Indeed, the prices of mineral raw materials were down (-1.6% after +3.2%) and the prices of nonferrous metals declined (-1.8% after +3.5%), mainly those of nickel (-8.6% after +3.2%), lead (-3.0% after +1.5%) and titanium (-2.4% after +2.4%). The prices of precious metals have also declined (-3.2% after +7.9%), particularly those of gold (-4.0% after +5.2%) and silver (-3.5% after +11.0%).

However, the prices of agro-industrial raw materials continued to rise (+2.0% after +2.3%). Indeed, the prices of sawn wood of conifers showed a further increase (+6.3% after +4.0%), while those of the wood pulp (+0.0% after –0.3%) and natural rubber (+1.0% after +5.0%) satilized. In contrast, the prices of natural textile fibers decreased (-1.5% after +0.4%), with the falling the continued decline in cotton prices (-1.4% after -0.4%).

The prices of raw food materials rose again

In March, the prices of raw food materials in foreign currencies contiued to rise (+2.8% after +2.5%). Indeed, the oilseeds prices have accelerated again (+7.5% after +3.9%),

Indeed, the oilseeds prices have further accelerated (+7.4% after +3.9%), the prices of soybean meal (+10.8%), of soybeans (+7.6%) and of palm oil (+5.3%) registering strong rise in prices. The prices of beef meal continued a moderate increases (+2.1% after +4.3%) and cereals have accelerated (+4.1%), due to the increases for rice (+5.4%). In contrast, the tropical foodstuffs prices have retreated (-2.1%) and sugar prices (-0.6% after +3.5%).

tabpetrole – Oil and petroleum products

in dollar
Oil and petroleum products
Prices Change (%)
of the last month over the last month over the last 3 months over the last 12 months
Brent in $ per barrel 124,5 5,3 15,2 8,7
Brent in € per barrel 94,2 5,5 14,7 15,4
Gasoline 1157,4 10,4 26,1 10,0
Gas Oil 1024,8 2,0 10,7 5,4
Heavy fuel 696,4 2,3 14,9 18,4
Naphta 1066,2 3,9 21,9 8,9
  • 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 (%)
of the last month over the last month over the last 3 months over the last 12 months
Food total 233,3 2,8 8,5 –7,5
Tropical foodstuff 233,3 –2,1 –0,3 –25,2
Oil seeds, vegetable oils 221,8 7,4 19,6 0,6
Cereals 300,4 4,1 4,2 5,5
Sugar 303,6 –0,6 5,6 –12,1
Beef meat 174,0 2,1 9,1 4,7
Industrial raw materials 236,2 –0,7 3,9 –15,3
Agricultural raw materials 148,3 2,0 2,4 –14,3
Natural Fibers 207,3 –1,5 2,1 –52,0
Natural rubber 460,4 1,0 8,1 –21,6
Hides 104,2 5,4 15,7 –6,6
Wood pulp 123,6 0,0 –4,6 –13,0
Tropical wood 148,0 0,2 –0,2 –4,6
Sawn softwood 108,9 6,3 13,1 –4,7
Minerals 283,4 –1,6 4,4 –15,6
Iron ore 487,5 0,0 –6,7 –23,5
Non-ferrous metals 250,8 –1,8 7,8 –15,6
Precious metals 440,4 –3,2 6,3 2,1
All commodities 228,9 0,5 5,4 –12,7
  • 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