22 May 2019
2019- n° 129In April 2019, oil prices increased for the fourth-month in a row Prices of oil and raw material imports - April 2019
In April 2019, the price of oil in euros increased for the fourth-month in a row (+8.4% after +3.8% in March). The prices in euros of imported commodities (excluding energy) recovered (+3.1% after −0.5%) asthe prices of industrial raw materials (+3.0% after 0.0%) and those of raw food materials (+3.2% after −0.9%).
Since data were lacking in April, series of sunflower and pulp could not be updated this month. Agregated indices were computed, keeping march prices for April.
In April 2019, the price of oil in euros increased for the fourth-month in a row (+8.4% after +3.8% in March). The prices in euros of imported commodities (excluding energy) recovered (+3.1% after −0.5%) asthe prices of industrial raw materials (+3.0% after 0.0%) and those of raw food materials (+3.2% after −0.9%).
tableauImported raw materials (excluding energy)
| Prices in foreign currencies | Prices in euros | |
|---|---|---|
| 2013-01 | 106.6 | 106.6 |
| 2013-02 | 107.9 | 107.3 |
| 2013-03 | 104.8 | 107.1 |
| 2013-04 | 103.7 | 105.6 |
| 2013-05 | 102.4 | 104.5 |
| 2013-06 | 99.9 | 100.5 |
| 2013-07 | 102.1 | 103.4 |
| 2013-08 | 102.8 | 102.5 |
| 2013-09 | 100.0 | 99.5 |
| 2013-10 | 100.4 | 98.0 |
| 2013-11 | 100.9 | 99.4 |
| 2013-12 | 103.5 | 100.7 |
| 2014-01 | 102.8 | 100.4 |
| 2014-02 | 103.2 | 100.5 |
| 2014-03 | 104.8 | 100.9 |
| 2014-04 | 106.5 | 102.7 |
| 2014-05 | 103.3 | 100.1 |
| 2014-06 | 101.0 | 98.8 |
| 2014-07 | 103.0 | 101.1 |
| 2014-08 | 101.8 | 101.5 |
| 2014-09 | 98.0 | 100.7 |
| 2014-10 | 96.2 | 100.4 |
| 2014-11 | 95.7 | 101.3 |
| 2014-12 | 93.3 | 99.7 |
| 2015-01 | 89.6 | 101.1 |
| 2015-02 | 86.8 | 100.2 |
| 2015-03 | 83.9 | 101.4 |
| 2015-04 | 82.6 | 100.4 |
| 2015-05 | 84.1 | 98.7 |
| 2015-06 | 83.3 | 97.4 |
| 2015-07 | 80.4 | 95.7 |
| 2015-08 | 79.1 | 92.9 |
| 2015-09 | 78.1 | 91.0 |
| 2015-10 | 77.4 | 90.0 |
| 2015-11 | 74.4 | 90.3 |
| 2015-12 | 72.9 | 87.5 |
| 2016-01 | 72.3 | 87.0 |
| 2016-02 | 74.3 | 87.5 |
| 2016-03 | 77.7 | 91.5 |
| 2016-04 | 80.4 | 92.7 |
| 2016-05 | 80.0 | 92.4 |
| 2016-06 | 82.1 | 95.6 |
| 2016-07 | 84.4 | 99.7 |
| 2016-08 | 84.1 | 98.0 |
| 2016-09 | 83.0 | 96.7 |
| 2016-10 | 83.7 | 99.2 |
| 2016-11 | 89.2 | 107.8 |
| 2016-12 | 90.2 | 111.6 |
| 2017-01 | 92.0 | 113.2 |
| 2017-02 | 95.1 | 116.6 |
| 2017-03 | 94.4 | 115.5 |
| 2017-04 | 89.9 | 109.6 |
| 2017-05 | 88.9 | 105.2 |
| 2017-06 | 88.6 | 103.2 |
| 2017-07 | 91.8 | 104.2 |
| 2017-08 | 93.0 | 103.0 |
| 2017-09 | 91.2 | 100.0 |
| 2017-10 | 89.4 | 99.3 |
| 2017-11 | 90.1 | 100.4 |
| 2017-12 | 90.4 | 99.8 |
| 2018-01 | 93.5 | 100.3 |
| 2018-02 | 94.9 | 100.6 |
| 2018-03 | 94.0 | 99.7 |
| 2018-04 | 93.8 | 99.9 |
| 2018-05 | 95.2 | 105.3 |
| 2018-06 | 94.8 | 106.2 |
| 2018-07 | 90.7 | 101.4 |
| 2018-08 | 87.9 | 99.5 |
| 2018-09 | 86.6 | 97.1 |
| 2018-10 | 89.7 | 101.8 |
| 2018-11 | 88.9 | 101.9 |
| 2018-12 | 87.0 | 99.5 |
| 2019-01 | 88.7 | 101.3 |
| 2019-02 | 91.3 | 105.3 |
| 2019-03 | 90.9 | 104.8 |
| 2019-04 | 93.1 | 108.1 |
graphiqueImported raw materials (excluding energy)
- Source: INSEE.
Oil prices kept increasing
In April2019, the price of North Sea crude oil (Brent) in euros increased for the fourth-month in a row (+8.4% after +3.8% in February) to an average of €63 per barrel. In dollars, the increase was a bit less marked (+7.7% after +3.4%).
tableauOil (Brent)
| Prices in dollars | Prices in euros | |
|---|---|---|
| 2013-01 | 112.0 | 84.3 |
| 2013-02 | 116.4 | 87.1 |
| 2013-03 | 109.7 | 84.6 |
| 2013-04 | 103.8 | 79.5 |
| 2013-05 | 103.0 | 79.4 |
| 2013-06 | 102.8 | 78.0 |
| 2013-07 | 107.7 | 82.3 |
| 2013-08 | 110.1 | 82.8 |
| 2013-09 | 111.6 | 83.6 |
| 2013-10 | 109.4 | 80.2 |
| 2013-11 | 107.7 | 79.9 |
| 2013-12 | 110.7 | 80.7 |
| 2014-01 | 107.6 | 79.0 |
| 2014-02 | 108.7 | 79.6 |
| 2014-03 | 107.9 | 78.0 |
| 2014-04 | 108.0 | 78.1 |
| 2014-05 | 109.2 | 79.6 |
| 2014-06 | 111.9 | 82.3 |
| 2014-07 | 108.6 | 80.2 |
| 2014-08 | 103.5 | 77.7 |
| 2014-09 | 98.9 | 76.7 |
| 2014-10 | 88.7 | 70.0 |
| 2014-11 | 80.8 | 64.8 |
| 2014-12 | 64.2 | 52.2 |
| 2015-01 | 50.1 | 43.1 |
| 2015-02 | 58.2 | 51.3 |
| 2015-03 | 57.3 | 52.8 |
| 2015-04 | 59.5 | 55.4 |
| 2015-05 | 64.1 | 57.5 |
| 2015-06 | 61.5 | 54.8 |
| 2015-07 | 56.6 | 51.4 |
| 2015-08 | 46.6 | 41.9 |
| 2015-09 | 47.6 | 42.4 |
| 2015-10 | 48.4 | 43.1 |
| 2015-11 | 44.3 | 41.2 |
| 2015-12 | 38.0 | 35.0 |
| 2016-01 | 30.7 | 28.3 |
| 2016-02 | 32.2 | 29.0 |
| 2016-03 | 38.2 | 34.4 |
| 2016-04 | 41.6 | 36.7 |
| 2016-05 | 46.7 | 41.3 |
| 2016-06 | 48.2 | 43.0 |
| 2016-07 | 45.3 | 41.0 |
| 2016-08 | 46.8 | 41.8 |
| 2016-09 | 47.7 | 42.5 |
| 2016-10 | 51.4 | 46.6 |
| 2016-11 | 47.1 | 43.7 |
| 2016-12 | 54.9 | 52.1 |
| 2017-01 | 55.4 | 52.2 |
| 2017-02 | 56.0 | 52.6 |
| 2017-03 | 52.6 | 49.2 |
| 2017-04 | 53.8 | 50.1 |
| 2017-05 | 51.4 | 46.5 |
| 2017-06 | 47.6 | 42.4 |
| 2017-07 | 49.1 | 42.6 |
| 2017-08 | 51.9 | 44.0 |
| 2017-09 | 55.5 | 46.6 |
| 2017-10 | 57.5 | 48.9 |
| 2017-11 | 62.7 | 53.4 |
| 2017-12 | 64.4 | 54.4 |
| 2018-01 | 69.1 | 56.6 |
| 2018-02 | 65.3 | 52.9 |
| 2018-03 | 66.0 | 53.5 |
| 2018-04 | 72.0 | 58.7 |
| 2018-05 | 76.9 | 65.2 |
| 2018-06 | 74.4 | 63.7 |
| 2018-07 | 74.3 | 63.5 |
| 2018-08 | 72.5 | 62.8 |
| 2018-09 | 78.9 | 67.7 |
| 2018-10 | 81.0 | 70.6 |
| 2018-11 | 64.7 | 57.0 |
| 2018-12 | 56.5 | 49.8 |
| 2019-01 | 59.4 | 52.0 |
| 2019-02 | 64.0 | 56.4 |
| 2019-03 | 66.1 | 58.5 |
| 2019-04 | 71.2 | 63.4 |
graphiqueOil (Brent)
- Source: INSEE.
tableauPétrole et dérivés
| prices | Changes (%) | |||
|---|---|---|---|---|
| of lost months | over the last month | over the last 3 months | over the last 12 months | |
| Brent in $ per barrel | 71.2 | 7.7 | 19.9 | -1.0 |
| Brent in € per barrel | 63.4 | 8.4 | 21.8 | 7.9 |
| Gasoline cts €/$ | 47.8 | 12.9 | 44.9 | 11.0 |
| Gas Oil | 559.1 | 3.4 | 14.2 | 7.9 |
| Heavy fuel | 392.7 | 3.1 | 18.8 | 20.8 |
| Naphtha | 495.6 | 5.5 | 23.4 | 1.7 |
- Prices are in euros per tonne unless otherwise specified
- Source : Insee
Industrial commodity prices recovered
In April 2019, the prices of industrial raw materials recovered (+3.0% after 0.0% in March). The prices of agricultural raw materials decreased again (−1.7% after −1.8%), because of sawn softwood (−11.5 % after −8.2%). The price of tropical wood fell back (+0.5% after +1.8%). The price of natural rubber eased (+3.3% after +6.6%) as the price of hide (+0.6 % after +4.1%). However, the prices of natural fibres accelerated (+3.7% after +2.9%). The prices of mineral materials increased more than in March (+3.9% after +0.3%), mainly due to the rebound in ferrous metals prices (+8.5 % after −1.7 %). The prices of precious metals decreased again (−1.0% after −0.9%) and those of non-ferrous metals were virtually stable(+0.1 % after + 2.5 %).
tableauIndustrial raw materials
| Prices in foreign currencies | Prices in euros | |
|---|---|---|
| 2013-01 | 103.0 | 103.0 |
| 2013-02 | 104.8 | 104.0 |
| 2013-03 | 98.5 | 100.8 |
| 2013-04 | 95.3 | 97.1 |
| 2013-05 | 90.4 | 92.4 |
| 2013-06 | 86.5 | 87.0 |
| 2013-07 | 89.0 | 90.2 |
| 2013-08 | 93.3 | 92.9 |
| 2013-09 | 92.1 | 91.5 |
| 2013-10 | 92.5 | 90.0 |
| 2013-11 | 93.3 | 91.6 |
| 2013-12 | 93.3 | 90.2 |
| 2014-01 | 91.5 | 89.0 |
| 2014-02 | 89.2 | 86.5 |
| 2014-03 | 86.7 | 83.0 |
| 2014-04 | 88.4 | 84.7 |
| 2014-05 | 85.1 | 82.2 |
| 2014-06 | 83.6 | 81.4 |
| 2014-07 | 86.8 | 84.9 |
| 2014-08 | 86.5 | 86.0 |
| 2014-09 | 82.8 | 85.0 |
| 2014-10 | 80.7 | 84.3 |
| 2014-11 | 79.5 | 84.4 |
| 2014-12 | 76.3 | 81.7 |
| 2015-01 | 72.3 | 82.2 |
| 2015-02 | 70.0 | 81.5 |
| 2015-03 | 67.6 | 82.3 |
| 2015-04 | 66.0 | 80.9 |
| 2015-05 | 69.1 | 81.6 |
| 2015-06 | 67.7 | 79.7 |
| 2015-07 | 62.5 | 74.9 |
| 2015-08 | 61.1 | 72.2 |
| 2015-09 | 61.4 | 72.0 |
| 2015-10 | 59.9 | 70.1 |
| 2015-11 | 55.8 | 68.3 |
| 2015-12 | 53.7 | 64.9 |
| 2016-01 | 53.1 | 64.3 |
| 2016-02 | 55.9 | 66.3 |
| 2016-03 | 60.4 | 71.7 |
| 2016-04 | 62.7 | 72.9 |
| 2016-05 | 60.7 | 70.7 |
| 2016-06 | 60.2 | 70.5 |
| 2016-07 | 63.6 | 75.7 |
| 2016-08 | 65.0 | 76.4 |
| 2016-09 | 63.2 | 74.2 |
| 2016-10 | 64.4 | 76.8 |
| 2016-11 | 71.7 | 87.3 |
| 2016-12 | 74.8 | 93.2 |
| 2017-01 | 75.1 | 93.0 |
| 2017-02 | 80.1 | 98.9 |
| 2017-03 | 79.4 | 97.6 |
| 2017-04 | 73.9 | 90.7 |
| 2017-05 | 70.4 | 83.8 |
| 2017-06 | 68.6 | 80.4 |
| 2017-07 | 73.1 | 83.6 |
| 2017-08 | 78.3 | 87.3 |
| 2017-09 | 78.4 | 86.6 |
| 2017-10 | 76.3 | 85.4 |
| 2017-11 | 77.6 | 87.1 |
| 2017-12 | 79.7 | 88.6 |
| 2018-01 | 83.9 | 90.7 |
| 2018-02 | 84.7 | 90.3 |
| 2018-03 | 80.7 | 86.2 |
| 2018-04 | 80.8 | 86.8 |
| 2018-05 | 82.0 | 91.4 |
| 2018-06 | 81.7 | 92.2 |
| 2018-07 | 77.8 | 87.7 |
| 2018-08 | 76.8 | 87.6 |
| 2018-09 | 76.2 | 86.1 |
| 2018-10 | 77.9 | 89.3 |
| 2018-11 | 76.8 | 88.9 |
| 2018-12 | 74.9 | 86.6 |
| 2019-01 | 76.6 | 88.3 |
| 2019-02 | 82.3 | 95.5 |
| 2019-03 | 82.0 | 95.5 |
| 2019-04 | 84.0 | 98.3 |
graphiqueIndustrial raw materials
- Source: INSEE.
Food commodity prices recovered
In euros, the prices of imported raw food materials recovered (+3.2% after −0.9%). T he price of tropical foodstuffs bounced back (+1.0% after −2.8%)as those of cereals (+0.4 % after −1.4 %), sugar (+1.1% after −2.8%) and seafood products (+5.3% after −0.9%). The price of meats ramped up (+6.8% after +1.4%), mainly due to an outbreak of swine fever in China. The prices of oil seeds and vegetable oils kept decreasing in line with March growth (−0.9 % after −1.1 %).
tableauFood
| Prices in foreign currencies | Prices in euros | |
|---|---|---|
| 2013-01 | 111.4 | 111.5 |
| 2013-02 | 112.2 | 111.8 |
| 2013-03 | 112.9 | 115.2 |
| 2013-04 | 114.5 | 116.4 |
| 2013-05 | 117.7 | 120.0 |
| 2013-06 | 117.0 | 117.8 |
| 2013-07 | 118.6 | 120.2 |
| 2013-08 | 114.8 | 114.8 |
| 2013-09 | 110.2 | 109.8 |
| 2013-10 | 110.6 | 108.3 |
| 2013-11 | 110.6 | 109.4 |
| 2013-12 | 116.5 | 114.1 |
| 2014-01 | 117.0 | 114.8 |
| 2014-02 | 120.6 | 118.0 |
| 2014-03 | 127.3 | 123.3 |
| 2014-04 | 129.2 | 125.2 |
| 2014-05 | 125.9 | 122.4 |
| 2014-06 | 122.7 | 120.4 |
| 2014-07 | 123.1 | 121.3 |
| 2014-08 | 121.0 | 120.9 |
| 2014-09 | 117.1 | 120.2 |
| 2014-10 | 115.6 | 120.6 |
| 2014-11 | 115.8 | 122.4 |
| 2014-12 | 114.4 | 122.0 |
| 2015-01 | 111.4 | 125.0 |
| 2015-02 | 108.1 | 123.8 |
| 2015-03 | 104.6 | 125.5 |
| 2015-04 | 103.6 | 125.1 |
| 2015-05 | 102.9 | 120.1 |
| 2015-06 | 102.9 | 119.7 |
| 2015-07 | 103.4 | 122.3 |
| 2015-08 | 102.3 | 119.5 |
| 2015-09 | 99.4 | 115.3 |
| 2015-10 | 99.7 | 115.4 |
| 2015-11 | 98.3 | 118.6 |
| 2015-12 | 97.7 | 116.6 |
| 2016-01 | 97.6 | 116.9 |
| 2016-02 | 98.3 | 115.2 |
| 2016-03 | 99.9 | 117.0 |
| 2016-04 | 103.1 | 118.2 |
| 2016-05 | 105.1 | 120.5 |
| 2016-06 | 111.1 | 128.5 |
| 2016-07 | 111.5 | 131.1 |
| 2016-08 | 108.8 | 125.9 |
| 2016-09 | 108.7 | 125.9 |
| 2016-10 | 108.8 | 128.2 |
| 2016-11 | 111.3 | 133.5 |
| 2016-12 | 109.1 | 134.3 |
| 2017-01 | 113.5 | 139.0 |
| 2017-02 | 113.8 | 138.9 |
| 2017-03 | 113.3 | 137.9 |
| 2017-04 | 110.3 | 133.6 |
| 2017-05 | 112.7 | 132.6 |
| 2017-06 | 114.5 | 132.6 |
| 2017-07 | 115.7 | 130.6 |
| 2017-08 | 111.4 | 122.7 |
| 2017-09 | 107.1 | 116.7 |
| 2017-10 | 105.7 | 116.8 |
| 2017-11 | 105.7 | 117.0 |
| 2017-12 | 103.4 | 113.5 |
| 2018-01 | 104.8 | 111.8 |
| 2018-02 | 107.2 | 113.0 |
| 2018-03 | 110.5 | 116.5 |
| 2018-04 | 109.8 | 116.3 |
| 2018-05 | 111.5 | 122.5 |
| 2018-06 | 111.1 | 123.6 |
| 2018-07 | 106.6 | 118.5 |
| 2018-08 | 101.4 | 114.1 |
| 2018-09 | 99.2 | 110.5 |
| 2018-10 | 104.3 | 117.3 |
| 2018-11 | 103.8 | 118.0 |
| 2018-12 | 101.9 | 115.5 |
| 2019-01 | 103.8 | 117.4 |
| 2019-02 | 102.1 | 117.2 |
| 2019-03 | 101.6 | 116.1 |
| 2019-04 | 104.0 | 119.8 |
graphiqueFood
- Source: INSEE.
tableauImported raw materials (excluding energy) in euros
| Index of las month | changes (in%) | |||
|---|---|---|---|---|
| over the last month | over the last 3 months | over the last 12 months | ||
| Food total | 119.8 | 3.2 | 2.0 | 3.0 |
| Tropical foodstuffs | 89.1 | 1.0 | -3.4 | -9.7 |
| Oil seeds, vegetable oils | 98.7 | -0.9 | -2.1 | -10.4 |
| Cereals | 97.9 | 0.4 | -1.7 | 0.1 |
| Sugar | 66.6 | 1.1 | 0.6 | 16.2 |
| Meat | 157.5 | 6.8 | 6.0 | 12.6 |
| Seafood products | 132.7 | 5.3 | 6.8 | 17.1 |
| Industrial raw materials | 98.3 | 3.0 | 11.4 | 13.3 |
| Agricultural raw materials | 113.9 | -1.7 | -1.5 | -6.8 |
| Natural Fibres | 106.6 | 3.7 | 4.9 | 3.3 |
| Natural rubber | 53.4 | 3.3 | 13.8 | 19.8 |
| Hides | 59.6 | 0.6 | -4.2 | -22.9 |
| Wood pulp | 140.2 | 0.0 | -4.7 | 8.3 |
| Tropical wood | 98.7 | -0.5 | 2.8 | 1.2 |
| Sawn softwood | 150.9 | -11.5 | -1.1 | -35.4 |
| Minerals | 94.4 | 3.9 | 14.0 | 17.8 |
| Ferrous metals | 77.7 | 8.5 | 24.0 | 53.8 |
| Non-ferrous metals | 102.7 | 0.1 | 6.9 | -4.1 |
| Precious metals | 110.4 | -1.0 | 1.0 | 5.7 |
| All commodities | 108.1 | 3.1 | 6.7 | 8.1 |
- Source : INSEE
For further information :
The relevant time series and a user guide are available at the bottom of this page.
Crude oil: from 1986, the price of Brent gradually established as a representative reference price of European supplies.
Petroleum products: prices of petroleum are quotations from the Rotterdam market which supplies European market.
Indices of non-energy raw materials imported by France: the indices calculated by INSEE are monthly averages of raw materials prices, weighted by their share in the French imports of raw materials (2010 = 100).
Next issue: 19 June 2019 at 12.00 pm
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