11 April 2012
2012- n° 94In March 2012, the prices of the imported commodities satabilized Prices 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%).
tableautabpetrole – 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
tableautabmatprem – 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
graphiqueG_petrole_ang – Oil
- Source : INSEE
graphiqueG_alim_ang – Food
- 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
