Informations Rapides ·
17 May 2024 · n° 121
In April 2024, oil prices accelerated, as did those of other imported raw materials Prices of energy and imported raw materials - April 2024
In April 2024, oil prices in euros accelerated (+6.7% month-on-month after +1.6% in March), as did gas prices (+7.6% after +4.2%). Prices in euros for imported raw materials (excluding energy) also accelerated significantly (+7.1% after +2.0%), in the wake of the further rise in food commodity prices (+6.8% after +4.7%) – mainly due to the surge in tropical commodity prices – and the strong rebound in those of industrial raw materials (+7.4% after ‑1.4%). Among strategic materials for the industry, the price in euros for silver accelerated sharply (+14.4% after +7.0%), as did that for copper (+10.8% after +3.7%).
The price of lithium has been significantly revised in recent months, leading to slight revisions of the aggregate indices that depend on it since January 2024. The price of shrimps was also revised more marginally in February 2024.
In April 2024, oil prices in euros accelerated (+6.7% month-on-month after +1.6% in March), as did gas prices (+7.6% after +4.2%). Prices in euros for imported raw materials (excluding energy) also accelerated significantly (+7.1% after +2.0%), in the wake of the further rise in food commodity prices (+6.8% after +4.7%) – mainly due to the surge in tropical commodity prices – and the strong rebound in those of industrial raw materials (+7.4% after ‑1.4%). Among strategic materials for the industry, the price in euros for silver accelerated sharply (+14.4% after +7.0%), as did that for copper (+10.8% after +3.7%).
tableauImported raw materials (excluding energy)
| Price index in foreign currencies | Price index in euros | |
|---|---|---|
| 2024-04 | 142.6 | 164.9 |
| 2024-03 | 134.8 | 154.0 |
| 2024-02 | 131.2 | 151.0 |
| 2024-01 | 130.9 | 149.4 |
| 2023-12 | 131.9 | 150.3 |
| 2023-11 | 130.4 | 149.5 |
| 2023-10 | 126.0 | 147.6 |
| 2023-09 | 126.7 | 147.1 |
| 2023-08 | 125.4 | 142.9 |
| 2023-07 | 127.1 | 143.1 |
| 2023-06 | 125.5 | 143.4 |
| 2023-05 | 124.3 | 141.8 |
| 2023-04 | 129.1 | 146.5 |
| 2023-03 | 128.1 | 148.9 |
| 2023-02 | 129.8 | 151.2 |
| 2023-01 | 128.7 | 149.7 |
| 2022-12 | 124.6 | 147.0 |
| 2022-11 | 120.8 | 147.3 |
| 2022-10 | 121.4 | 152.6 |
| 2022-09 | 124.0 | 155.5 |
| 2022-08 | 130.7 | 161.6 |
| 2022-07 | 130.5 | 159.7 |
| 2022-06 | 138.6 | 164.5 |
| 2022-05 | 142.7 | 169.6 |
| 2022-04 | 151.5 | 178.1 |
| 2022-03 | 152.0 | 175.7 |
| 2022-02 | 142.0 | 159.4 |
| 2022-01 | 136.8 | 153.9 |
| 2021-12 | 131.5 | 148.1 |
| 2021-11 | 126.8 | 141.7 |
| 2021-10 | 130.8 | 144.1 |
| 2021-09 | 128.0 | 138.8 |
| 2021-08 | 132.3 | 143.1 |
| 2021-07 | 134.3 | 144.8 |
| 2021-06 | 135.8 | 144.2 |
| 2021-05 | 138.3 | 145.7 |
| 2021-04 | 129.9 | 138.9 |
| 2021-03 | 122.5 | 131.5 |
| 2021-02 | 119.4 | 126.1 |
| 2021-01 | 116.1 | 121.9 |
| 2020-12 | 112.9 | 118.3 |
| 2020-11 | 104.3 | 112.0 |
| 2020-10 | 100.7 | 108.5 |
| 2020-09 | 100.9 | 108.6 |
| 2020-08 | 98.4 | 105.7 |
| 2020-07 | 92.4 | 102.0 |
| 2020-06 | 90.2 | 101.1 |
| 2020-05 | 88.9 | 102.4 |
| 2020-04 | 84.6 | 97.3 |
| 2020-03 | 88.6 | 100.4 |
| 2020-02 | 91.5 | 106.1 |
| 2020-01 | 94.5 | 108.2 |
| 2019-12 | 93.6 | 106.9 |
| 2019-11 | 91.0 | 104.4 |
| 2019-10 | 89.6 | 102.8 |
| 2019-09 | 90.4 | 104.3 |
| 2019-08 | 90.9 | 103.7 |
| 2019-07 | 97.3 | 110.6 |
| 2019-06 | 95.8 | 108.1 |
| 2019-05 | 93.8 | 106.8 |
| 2019-04 | 95.1 | 108.1 |
| 2019-03 | 93.0 | 105.1 |
| 2019-02 | 93.8 | 105.5 |
| 2019-01 | 90.7 | 101.5 |
| 2018-12 | 89.1 | 99.9 |
| 2018-11 | 91.0 | 102.3 |
| 2018-10 | 92.3 | 103.0 |
| 2018-09 | 89.2 | 98.0 |
| 2018-08 | 90.6 | 100.4 |
| 2018-07 | 93.7 | 103.0 |
| 2018-06 | 98.0 | 107.9 |
| 2018-05 | 98.4 | 107.2 |
| 2018-04 | 97.4 | 102.5 |
| 2018-03 | 97.3 | 101.9 |
| 2018-02 | 98.3 | 102.8 |
| 2018-01 | 97.1 | 102.6 |
| 2017-12 | 94.2 | 102.1 |
| 2017-11 | 94.3 | 103.2 |
| 2017-10 | 93.7 | 102.6 |
| 2017-09 | 95.4 | 103.3 |
| 2017-08 | 96.6 | 105.4 |
| 2017-07 | 94.5 | 105.4 |
| 2017-06 | 91.5 | 104.2 |
| 2017-05 | 91.7 | 106.0 |
| 2017-04 | 92.8 | 110.4 |
| 2017-03 | 97.4 | 116.5 |
| 2017-02 | 97.9 | 117.8 |
| 2017-01 | 95.4 | 114.8 |
| 2016-12 | 93.0 | 112.6 |
| 2016-11 | 91.9 | 108.9 |
| 2016-10 | 86.5 | 100.8 |
| 2016-09 | 85.8 | 98.2 |
| 2016-08 | 87.1 | 99.7 |
| 2016-07 | 87.8 | 101.4 |
| 2016-06 | 85.4 | 97.6 |
| 2016-05 | 83.3 | 94.6 |
| 2016-04 | 83.5 | 94.7 |
| 2016-03 | 80.5 | 92.8 |
| 2016-02 | 76.9 | 88.7 |
| 2016-01 | 75.2 | 88.2 |
| 2015-12 | 76.2 | 89.3 |
| 2015-11 | 77.4 | 92.1 |
| 2015-10 | 80.7 | 92.4 |
| 2015-09 | 81.4 | 93.2 |
| 2015-08 | 82.1 | 94.8 |
| 2015-07 | 83.2 | 97.6 |
| 2015-06 | 86.0 | 99.5 |
| 2015-05 | 86.3 | 100.4 |
| 2015-04 | 84.8 | 101.7 |
| 2015-03 | 85.6 | 102.0 |
| 2015-02 | 88.3 | 101.2 |
| 2015-01 | 91.0 | 101.7 |
| 2014-12 | 93.8 | 99.4 |
| 2014-11 | 96.4 | 101.6 |
| 2014-10 | 97.6 | 101.6 |
| 2014-09 | 98.4 | 100.9 |
| 2014-08 | 101.4 | 100.9 |
| 2014-07 | 102.2 | 100.0 |
| 2014-06 | 101.0 | 98.7 |
| 2014-05 | 103.0 | 99.8 |
| 2014-04 | 106.0 | 102.1 |
| 2014-03 | 104.8 | 100.8 |
| 2014-02 | 103.0 | 100.1 |
| 2014-01 | 101.5 | 98.9 |
| 2013-12 | 101.8 | 98.5 |
| 2013-11 | 101.0 | 99.3 |
| 2013-10 | 100.1 | 97.7 |
| 2013-09 | 100.2 | 99.8 |
| 2013-08 | 101.3 | 101.2 |
| 2013-07 | 100.8 | 102.3 |
| 2013-06 | 99.8 | 100.8 |
| 2013-05 | 101.0 | 103.8 |
| 2013-04 | 102.3 | 104.7 |
| 2013-03 | 103.6 | 106.6 |
| 2013-02 | 105.9 | 106.0 |
| 2013-01 | 104.2 | 104.9 |
graphiqueImported raw materials (excluding energy)
- Source: INSEE
Oil and gas prices accelerated
In April 2024, the price in dollars of North Sea crude oil (Brent) accelerated (+5.2% after +2.3% in March), averaging $89.8 a barrel. In euros, this acceleration was even more marked (+6.7% after +1.6%), due to the depreciation of the euro against the dollar over the period.
The price of natural gas on the European market (TTF) also accelerated (+7.6% after +4.2%), averaging €28.9/MWh. However, it is still down 31.3% year-on-year. Lastly, the price of uranium in euros rebounded (+1.1% after ‑12.3%) and remained up sharply over one year (+76.7%).
tableauPrices of energy
| Brent in dollars per barrel | Brent in euros per barrel | Natural gas (TTF) in euros per MWh | Uranium in euros per pound | |
|---|---|---|---|---|
| 2024-04 | 89.8 | 83.8 | 28.9 | 82.6 |
| 2024-03 | 85.4 | 78.6 | 26.9 | 81.7 |
| 2024-02 | 83.5 | 77.3 | 25.8 | 93.2 |
| 2024-01 | 80.0 | 73.4 | 29.9 | 91.4 |
| 2023-12 | 77.8 | 71.2 | 36.0 | 79.1 |
| 2023-11 | 82.9 | 76.8 | 45.7 | 71.1 |
| 2023-10 | 90.6 | 85.8 | 47.1 | 67.7 |
| 2023-09 | 93.5 | 87.5 | 36.9 | 61.2 |
| 2023-08 | 86.1 | 78.9 | 35.0 | 52.5 |
| 2023-07 | 80.1 | 72.4 | 29.5 | 50.5 |
| 2023-06 | 74.8 | 69.0 | 32.6 | 52.0 |
| 2023-05 | 75.6 | 69.6 | 31.7 | 49.5 |
| 2023-04 | 84.7 | 77.2 | 42.1 | 46.8 |
| 2023-03 | 78.4 | 73.3 | 44.0 | 47.1 |
| 2023-02 | 82.8 | 77.3 | 52.6 | 47.6 |
| 2023-01 | 82.5 | 76.6 | 63.9 | 45.7 |
| 2022-12 | 81.0 | 76.5 | 116.2 | 45.6 |
| 2022-11 | 91.4 | 89.7 | 119.5 | 49.6 |
| 2022-10 | 93.3 | 95.0 | 135.5 | 51.4 |
| 2022-09 | 89.7 | 90.6 | 203.5 | 49.8 |
| 2022-08 | 100.6 | 99.4 | 236.0 | 47.4 |
| 2022-07 | 111.9 | 109.9 | 172.0 | 46.2 |
| 2022-06 | 122.0 | 115.5 | 108.3 | 46.4 |
| 2022-05 | 113.1 | 106.9 | 94.1 | 47.8 |
| 2022-04 | 104.9 | 96.7 | 101.8 | 54.6 |
| 2022-03 | 117.2 | 106.4 | 131.3 | 49.7 |
| 2022-02 | 96.8 | 85.4 | 81.9 | 38.4 |
| 2022-01 | 86.5 | 76.5 | 85.2 | 39.3 |
| 2021-12 | 74.4 | 65.8 | 114.8 | 39.0 |
| 2021-11 | 81.0 | 71.0 | 82.6 | 40.3 |
| 2021-10 | 83.5 | 72.0 | 91.3 | 37.6 |
| 2021-09 | 74.5 | 63.3 | 66.2 | 36.8 |
| 2021-08 | 70.9 | 60.2 | 44.7 | 27.4 |
| 2021-07 | 75.1 | 63.5 | 36.1 | 27.4 |
| 2021-06 | 73.2 | 60.8 | 29.2 | 26.6 |
| 2021-05 | 68.5 | 56.4 | 25.0 | 25.0 |
| 2021-04 | 64.8 | 54.1 | 20.4 | 24.7 |
| 2021-03 | 65.4 | 55.0 | 17.6 | 24.0 |
| 2021-02 | 62.3 | 51.5 | 17.4 | 24.0 |
| 2021-01 | 54.8 | 45.0 | 20.4 | 24.6 |
| 2020-12 | 50.0 | 41.1 | 16.4 | 24.6 |
| 2020-11 | 42.7 | 36.1 | 13.9 | 25.0 |
| 2020-10 | 40.2 | 34.1 | 14.2 | 25.2 |
| 2020-09 | 40.9 | 34.7 | 11.4 | 25.6 |
| 2020-08 | 44.8 | 37.8 | 8.3 | 26.6 |
| 2020-07 | 43.2 | 37.7 | 5.4 | 28.4 |
| 2020-06 | 40.3 | 35.8 | 5.3 | 29.6 |
| 2020-05 | 29.4 | 27.5 | 4.9 | 31.0 |
| 2020-04 | 18.5 | 16.9 | 6.7 | 28.8 |
| 2020-03 | 31.9 | 28.8 | 8.4 | 22.9 |
| 2020-02 | 55.7 | 51.1 | 9.1 | 22.5 |
| 2020-01 | 63.6 | 57.3 | 11.2 | 22.1 |
| 2019-12 | 67.2 | 60.4 | 14.2 | 22.9 |
| 2019-11 | 63.2 | 57.2 | 15.9 | 22.9 |
| 2019-10 | 59.7 | 54.0 | 15.6 | 22.4 |
| 2019-09 | 62.8 | 57.1 | 13.0 | 23.1 |
| 2019-08 | 59.0 | 53.1 | 11.3 | 22.7 |
| 2019-07 | 63.9 | 57.0 | 11.0 | 22.6 |
| 2019-06 | 64.3 | 56.9 | 10.8 | 21.8 |
| 2019-05 | 71.2 | 63.6 | 13.2 | 21.9 |
| 2019-04 | 71.2 | 63.4 | 14.9 | 22.9 |
| 2019-03 | 66.1 | 58.5 | 15.6 | 23.7 |
| 2019-02 | 64.0 | 56.4 | 18.1 | 25.1 |
| 2019-01 | 59.4 | 52.0 | 21.7 | 25.3 |
| 2018-12 | 56.5 | 49.8 | 23.9 | 25.2 |
| 2018-11 | 64.7 | 57.0 | 24.8 | 25.5 |
| 2018-10 | 81.0 | 70.6 | 26.1 | 24.1 |
| 2018-09 | 78.9 | 67.7 | 27.9 | 23.3 |
| 2018-08 | 72.5 | 62.8 | 23.9 | 22.7 |
| 2018-07 | 74.3 | 63.5 | 22.2 | 20.5 |
| 2018-06 | 74.4 | 63.7 | 21.8 | 19.8 |
| 2018-05 | 76.9 | 65.2 | 21.6 | 18.7 |
| 2018-04 | 72.0 | 58.7 | 19.3 | 16.9 |
| 2018-03 | 66.0 | 53.5 | 18.5 | 17.7 |
| 2018-02 | 65.3 | 52.9 | 18.6 | 17.6 |
| 2018-01 | 69.1 | 56.6 | 18.6 | 19.1 |
| 2017-12 | 64.4 | 54.4 | 20.6 | 20.6 |
| 2017-11 | 62.7 | 53.4 | 19.5 | 19.6 |
| 2017-10 | 57.5 | 48.9 | 17.9 | 17.3 |
| 2017-09 | 55.5 | 46.6 | 17.1 | 17.2 |
| 2017-08 | 51.9 | 44.0 | 15.8 | 17.3 |
| 2017-07 | 49.1 | 42.6 | 14.8 | 17.8 |
| 2017-06 | 47.6 | 42.4 | 14.9 | 17.8 |
| 2017-05 | 51.4 | 46.5 | 15.6 | 19.5 |
| 2017-04 | 53.8 | 50.1 | 16.0 | 21.6 |
| 2017-03 | 52.6 | 49.2 | 16.0 | 23.4 |
| 2017-02 | 56.0 | 52.6 | 19.4 | 23.6 |
| 2017-01 | 55.4 | 52.2 | 19.7 | 21.5 |
| 2016-12 | 54.9 | 52.1 | 17.5 | 18.8 |
| 2016-11 | 47.1 | 43.7 | 18.0 | 17.1 |
| 2016-10 | 51.4 | 46.6 | 16.5 | 19.2 |
| 2016-09 | 47.7 | 42.5 | 12.9 | 22.0 |
| 2016-08 | 46.8 | 41.8 | 12.3 | 23.2 |
| 2016-07 | 45.3 | 41.0 | 14.4 | 23.5 |
| 2016-06 | 48.2 | 43.0 | 14.4 | 24.2 |
| 2016-05 | 46.7 | 41.3 | 13.1 | 24.6 |
| 2016-04 | 41.6 | 36.7 | 12.0 | 25.4 |
| 2016-03 | 38.2 | 34.4 | 12.0 | 26.9 |
| 2016-02 | 32.2 | 29.0 | 12.2 | 30.3 |
| 2016-01 | 30.7 | 28.3 | 13.8 | 32.0 |
graphiquePrices of energy
- Source: INSEE
tableauEnergy prices
| prices of last month | changes (in %) | |||
|---|---|---|---|---|
| M/M-1 | M/M-3 | M/M-12 | ||
| Brent in $ per barrel | 89.8 | 5.2 | 12.3 | 6.0 |
| Brent in € per barrel | 83.8 | 6.7 | 14.3 | 8.6 |
| Natural gas (TTF) in €/MWh | 28.9 | 7.6 | -3.4 | -31.3 |
| Uranium in €/pound | 82.6 | 1.1 | -9.6 | 76.7 |
- Source: INSEE
Prices in euros of industrial raw materials rallied
In April 2024, prices in euros of industrial raw materials picked up sharply (+7.4% after ‑1.4% in March), driven by a strong rebound in those for minerals (+8.9% after ‑2.1%): prices for non-ferrous metals accelerated strongly (+11.7% after +2.5%), as did those for precious metals (+10.1% after +6.2%), while prices of ferrous metals recovered (+3.5% after ‑12.1%).
Conversely, prices of agro-industrial raw materials fell back (‑0.9% after +3.2%), driven down by those for sawn softwood (‑7.7% after +4.4%) and natural textile fibres (‑5.9% after ‑0.3%). Prices for natural rubber slowed significantly (+0.4% after +4.8%), those for hides bounced back (+1.4% after ‑0.7%) and those for paper pulp remained dynamic (+4.2% after +5.0%). Finally, the prices for tropical sawn wood remained virtually stable (‑0.1% after ‑0.1%).
tableauIndustrial raw materials
| Price index in foreign currencies | Price index in euros | |
|---|---|---|
| 2024-04 | 108.7 | 133.8 |
| 2024-03 | 102.5 | 124.6 |
| 2024-02 | 103.2 | 126.3 |
| 2024-01 | 106.3 | 128.7 |
| 2023-12 | 107.6 | 130.4 |
| 2023-11 | 105.6 | 129.1 |
| 2023-10 | 101.7 | 127.1 |
| 2023-09 | 102.9 | 127.1 |
| 2023-08 | 99.5 | 120.4 |
| 2023-07 | 101.2 | 120.9 |
| 2023-06 | 100.8 | 122.9 |
| 2023-05 | 99.9 | 121.6 |
| 2023-04 | 106.5 | 128.6 |
| 2023-03 | 109.0 | 134.8 |
| 2023-02 | 111.9 | 138.4 |
| 2023-01 | 112.7 | 138.6 |
| 2022-12 | 107.1 | 133.7 |
| 2022-11 | 99.5 | 128.7 |
| 2022-10 | 97.1 | 130.4 |
| 2022-09 | 100.1 | 133.5 |
| 2022-08 | 106.4 | 139.1 |
| 2022-07 | 104.8 | 136.5 |
| 2022-06 | 117.6 | 147.7 |
| 2022-05 | 124.6 | 156.2 |
| 2022-04 | 139.8 | 171.8 |
| 2022-03 | 144.9 | 175.1 |
| 2022-02 | 133.4 | 156.6 |
| 2022-01 | 127.0 | 149.4 |
| 2021-12 | 119.9 | 141.1 |
| 2021-11 | 111.6 | 130.0 |
| 2021-10 | 120.3 | 137.8 |
| 2021-09 | 117.8 | 133.1 |
| 2021-08 | 123.5 | 139.4 |
| 2021-07 | 134.6 | 151.4 |
| 2021-06 | 137.0 | 151.2 |
| 2021-05 | 140.0 | 153.4 |
| 2021-04 | 128.4 | 142.6 |
| 2021-03 | 121.4 | 135.8 |
| 2021-02 | 118.3 | 130.2 |
| 2021-01 | 115.5 | 126.3 |
| 2020-12 | 110.9 | 121.0 |
| 2020-11 | 96.9 | 108.6 |
| 2020-10 | 92.7 | 104.4 |
| 2020-09 | 94.6 | 106.3 |
| 2020-08 | 93.0 | 104.1 |
| 2020-07 | 84.4 | 97.4 |
| 2020-06 | 79.0 | 92.8 |
| 2020-05 | 73.8 | 89.5 |
| 2020-04 | 70.8 | 86.1 |
| 2020-03 | 74.6 | 89.2 |
| 2020-02 | 78.0 | 94.6 |
| 2020-01 | 82.2 | 98.0 |
| 2019-12 | 80.3 | 95.6 |
| 2019-11 | 77.7 | 93.0 |
| 2019-10 | 78.7 | 94.1 |
| 2019-09 | 80.8 | 97.0 |
| 2019-08 | 79.9 | 95.0 |
| 2019-07 | 89.0 | 105.1 |
| 2019-06 | 84.9 | 99.6 |
| 2019-05 | 83.2 | 98.4 |
| 2019-04 | 83.9 | 99.0 |
| 2019-03 | 82.1 | 96.4 |
| 2019-02 | 82.1 | 95.9 |
| 2019-01 | 76.4 | 88.7 |
| 2018-12 | 74.9 | 87.1 |
| 2018-11 | 77.1 | 89.7 |
| 2018-10 | 78.4 | 90.3 |
| 2018-09 | 76.7 | 87.1 |
| 2018-08 | 77.5 | 88.8 |
| 2018-07 | 78.4 | 89.0 |
| 2018-06 | 82.5 | 94.0 |
| 2018-05 | 83.3 | 93.9 |
| 2018-04 | 82.6 | 89.8 |
| 2018-03 | 82.1 | 88.7 |
| 2018-02 | 86.0 | 92.8 |
| 2018-01 | 85.6 | 93.4 |
| 2017-12 | 81.5 | 91.5 |
| 2017-11 | 79.9 | 90.4 |
| 2017-10 | 78.8 | 89.1 |
| 2017-09 | 80.9 | 90.3 |
| 2017-08 | 79.6 | 89.5 |
| 2017-07 | 73.9 | 85.1 |
| 2017-06 | 69.8 | 82.3 |
| 2017-05 | 71.6 | 85.7 |
| 2017-04 | 75.0 | 92.6 |
| 2017-03 | 80.6 | 99.8 |
| 2017-02 | 81.1 | 100.9 |
| 2017-01 | 76.5 | 95.4 |
| 2016-12 | 75.2 | 94.4 |
| 2016-11 | 71.6 | 87.9 |
| 2016-10 | 64.5 | 77.7 |
| 2016-09 | 63.6 | 75.3 |
| 2016-08 | 65.4 | 77.5 |
| 2016-07 | 64.3 | 77.1 |
| 2016-06 | 60.9 | 72.1 |
| 2016-05 | 61.6 | 72.4 |
| 2016-04 | 63.2 | 74.2 |
| 2016-03 | 60.7 | 72.8 |
| 2016-02 | 56.2 | 67.3 |
| 2016-01 | 53.5 | 65.4 |
| 2015-12 | 54.1 | 66.1 |
| 2015-11 | 55.9 | 69.3 |
| 2015-10 | 60.4 | 71.6 |
| 2015-09 | 62.1 | 73.8 |
| 2015-08 | 61.9 | 74.1 |
| 2015-07 | 63.5 | 77.1 |
| 2015-06 | 68.7 | 81.9 |
| 2015-05 | 70.1 | 83.8 |
| 2015-04 | 67.0 | 82.9 |
| 2015-03 | 68.1 | 83.8 |
| 2015-02 | 70.4 | 82.8 |
| 2015-01 | 73.1 | 84.0 |
| 2014-12 | 76.9 | 83.3 |
| 2014-11 | 80.2 | 85.8 |
| 2014-10 | 81.4 | 85.7 |
| 2014-09 | 83.6 | 86.5 |
| 2014-08 | 87.1 | 87.2 |
| 2014-07 | 87.4 | 86.1 |
| 2014-06 | 84.4 | 82.8 |
| 2014-05 | 85.7 | 83.3 |
| 2014-04 | 88.8 | 85.8 |
| 2014-03 | 87.3 | 84.3 |
| 2014-02 | 90.0 | 88.0 |
| 2014-01 | 92.2 | 90.4 |
| 2013-12 | 93.8 | 91.4 |
| 2013-11 | 93.3 | 92.3 |
| 2013-10 | 92.4 | 90.4 |
| 2013-09 | 92.0 | 92.0 |
| 2013-08 | 93.1 | 93.3 |
| 2013-07 | 89.3 | 91.1 |
| 2013-06 | 87.0 | 88.0 |
| 2013-05 | 90.6 | 93.1 |
| 2013-04 | 95.3 | 97.5 |
| 2013-03 | 98.6 | 101.3 |
| 2013-02 | 104.5 | 104.2 |
| 2013-01 | 102.9 | 103.1 |
graphiqueIndustrial raw materials
- Source: INSEE
Prices in euros of copper and silver ramped up
In April 2024, prices in euros of silver (+14.4% after +7.0% in March) and copper (+10.8% after +3.7%) accelerated sharply, as did, to a lesser extent, those of platinum (+4.7% after +1.2%) and molybdenum (+2.2% after +0.2%). The price of nickel remained buoyant (+5.7% after +6.1%), that of lithium continued to rise (+1.4% after +1.4%) and that of chromium recovered (+1.1% after ‑0.8%). Lastly, the price of palladium slackened (+1.7% after +7.9%) and that of cobalt was virtually stable (+0.2% after ‑0.7%).
tableauPrices of strategic materials for the industry
| prices of last month | changes (in %) | |||
|---|---|---|---|---|
| M/M-1 | M/M-3 | M/M-12 | ||
| Silver (cts €/ounce) | 2,571.5 | 14.4 | 22.2 | 12.8 |
| Chromium (€/tonne) | 8,776.8 | 1.1 | -0.4 | -8.5 |
| Cobalt (€/tonne) | 26,135.3 | 0.2 | -0.9 | -17.1 |
| Copper (€/tonne) | 8,839.7 | 10.8 | 15.5 | 10.0 |
| Lithium (€/tonne) | 109,454.5 | 1.4 | 3.1 | -58.6 |
| Molybdenum (€/tonne) | 41,101.3 | 2.2 | 9.0 | -36.4 |
| Nickel (€/tonne) | 16,932.6 | 5.7 | 14.8 | -21.8 |
| Palladium (€/ounce) | 948.4 | 1.7 | 5.9 | -31.3 |
| Platinum (€/ounce) | 882.1 | 4.7 | 3.3 | -8.7 |
- Within the mineral raw materials index, silver, palladium and platinum are classified as precious metals, while the other strategic raw materials for industry are classified as non-ferrous metals.
- Source: INSEE
Food commodity prices in euros continued to grow strongly
In April 2024, food commodity prices in euros continued to increase sharply (+6.8% after +4.7% in March), reaching a new record: they were up by 15.7% over a quarter and 19.8% year-on-year. They were boosted by soaring tropical commodity prices (+24.6% after +14.7%), driven by the price of cocoa (+31.4% after +35.5%) and by the sharp acceleration in coffee prices (+19.4% after +2.1%). In contrast, seafood prices slowed (+0.7% after +1.1%) and meat prices edged down (‑0.8% after +2.8%), as did those for oilseeds (‑0.6% after +1.1%). Finally, sugar prices continued to decline (‑4.2% after ‑7.6%), as did those for cereals (‑0.7% after ‑1.5%).
tableauFood raw materials
| Price index in foreign currencies | Price index in euros | |
|---|---|---|
| 2024-04 | 184.6 | 202.0 |
| 2024-03 | 174.8 | 189.2 |
| 2024-02 | 165.6 | 180.7 |
| 2024-01 | 161.2 | 174.6 |
| 2023-12 | 161.6 | 174.7 |
| 2023-11 | 160.9 | 174.4 |
| 2023-10 | 155.9 | 172.7 |
| 2023-09 | 155.9 | 171.5 |
| 2023-08 | 157.3 | 170.3 |
| 2023-07 | 159.0 | 170.1 |
| 2023-06 | 155.8 | 168.4 |
| 2023-05 | 154.3 | 166.4 |
| 2023-04 | 156.8 | 168.6 |
| 2023-03 | 151.3 | 166.5 |
| 2023-02 | 151.2 | 167.3 |
| 2023-01 | 147.9 | 163.7 |
| 2022-12 | 145.4 | 163.6 |
| 2022-11 | 146.0 | 169.4 |
| 2022-10 | 149.7 | 178.4 |
| 2022-09 | 151.9 | 181.2 |
| 2022-08 | 159.2 | 187.9 |
| 2022-07 | 160.7 | 186.7 |
| 2022-06 | 163.6 | 185.0 |
| 2022-05 | 164.4 | 186.7 |
| 2022-04 | 166.3 | 188.1 |
| 2022-03 | 161.7 | 179.8 |
| 2022-02 | 153.2 | 165.4 |
| 2022-01 | 149.2 | 161.6 |
| 2021-12 | 145.1 | 157.3 |
| 2021-11 | 143.8 | 154.9 |
| 2021-10 | 143.2 | 152.5 |
| 2021-09 | 140.1 | 146.6 |
| 2021-08 | 143.2 | 149.2 |
| 2021-07 | 136.3 | 141.7 |
| 2021-06 | 137.1 | 140.8 |
| 2021-05 | 139.1 | 141.8 |
| 2021-04 | 133.5 | 138.3 |
| 2021-03 | 125.6 | 130.3 |
| 2021-02 | 122.5 | 125.0 |
| 2021-01 | 118.7 | 120.4 |
| 2020-12 | 114.5 | 115.9 |
| 2020-11 | 112.5 | 116.4 |
| 2020-10 | 109.7 | 113.5 |
| 2020-09 | 107.7 | 111.7 |
| 2020-08 | 104.2 | 108.0 |
| 2020-07 | 101.5 | 107.6 |
| 2020-06 | 103.1 | 110.9 |
| 2020-05 | 106.4 | 117.4 |
| 2020-04 | 100.7 | 110.4 |
| 2020-03 | 104.7 | 113.4 |
| 2020-02 | 107.1 | 119.5 |
| 2020-01 | 108.7 | 120.1 |
| 2019-12 | 109.3 | 120.5 |
| 2019-11 | 106.7 | 118.0 |
| 2019-10 | 102.2 | 113.0 |
| 2019-09 | 101.3 | 112.7 |
| 2019-08 | 103.5 | 114.0 |
| 2019-07 | 105.9 | 116.6 |
| 2019-06 | 108.0 | 118.1 |
| 2019-05 | 105.9 | 116.5 |
| 2019-04 | 107.9 | 118.8 |
| 2019-03 | 105.5 | 115.3 |
| 2019-02 | 107.3 | 116.9 |
| 2019-01 | 107.9 | 117.0 |
| 2018-12 | 106.3 | 115.4 |
| 2018-11 | 107.7 | 117.6 |
| 2018-10 | 108.9 | 118.3 |
| 2018-09 | 104.0 | 111.2 |
| 2018-08 | 106.1 | 114.5 |
| 2018-07 | 112.1 | 120.0 |
| 2018-06 | 116.6 | 124.9 |
| 2018-05 | 116.4 | 123.2 |
| 2018-04 | 115.0 | 117.9 |
| 2018-03 | 115.4 | 118.0 |
| 2018-02 | 112.3 | 114.5 |
| 2018-01 | 110.0 | 113.3 |
| 2017-12 | 109.0 | 114.7 |
| 2017-11 | 111.4 | 118.6 |
| 2017-10 | 111.6 | 119.1 |
| 2017-09 | 112.7 | 119.2 |
| 2017-08 | 117.4 | 125.2 |
| 2017-07 | 120.6 | 130.9 |
| 2017-06 | 119.3 | 131.8 |
| 2017-05 | 117.3 | 131.6 |
| 2017-04 | 114.9 | 132.6 |
| 2017-03 | 118.0 | 136.9 |
| 2017-02 | 118.4 | 138.6 |
| 2017-01 | 119.0 | 139.1 |
| 2016-12 | 114.8 | 134.6 |
| 2016-11 | 117.5 | 135.0 |
| 2016-10 | 115.0 | 130.4 |
| 2016-09 | 114.4 | 127.5 |
| 2016-08 | 115.1 | 128.0 |
| 2016-07 | 118.4 | 132.7 |
| 2016-06 | 117.7 | 130.7 |
| 2016-05 | 111.4 | 123.0 |
| 2016-04 | 109.5 | 120.6 |
| 2016-03 | 105.8 | 118.3 |
| 2016-02 | 104.0 | 116.1 |
| 2016-01 | 103.8 | 117.8 |
| 2015-12 | 104.5 | 118.7 |
| 2015-11 | 104.8 | 120.8 |
| 2015-10 | 106.6 | 118.6 |
| 2015-09 | 105.7 | 117.7 |
| 2015-08 | 107.7 | 120.9 |
| 2015-07 | 108.1 | 123.3 |
| 2015-06 | 107.7 | 121.3 |
| 2015-05 | 106.5 | 121.0 |
| 2015-04 | 107.2 | 125.1 |
| 2015-03 | 107.7 | 124.7 |
| 2015-02 | 110.7 | 124.1 |
| 2015-01 | 113.3 | 123.8 |
| 2014-12 | 114.4 | 119.2 |
| 2014-11 | 116.2 | 121.1 |
| 2014-10 | 117.3 | 121.0 |
| 2014-09 | 116.5 | 118.8 |
| 2014-08 | 118.9 | 117.8 |
| 2014-07 | 120.3 | 117.2 |
| 2014-06 | 121.4 | 118.3 |
| 2014-05 | 124.2 | 120.0 |
| 2014-04 | 127.1 | 122.0 |
| 2014-03 | 126.2 | 121.0 |
| 2014-02 | 119.2 | 115.2 |
| 2014-01 | 113.2 | 109.7 |
| 2013-12 | 111.9 | 107.7 |
| 2013-11 | 110.7 | 108.3 |
| 2013-10 | 110.0 | 106.9 |
| 2013-09 | 110.7 | 109.9 |
| 2013-08 | 111.9 | 111.4 |
| 2013-07 | 115.3 | 116.5 |
| 2013-06 | 116.0 | 117.0 |
| 2013-05 | 114.3 | 117.4 |
| 2013-04 | 111.2 | 114.0 |
| 2013-03 | 110.1 | 113.4 |
| 2013-02 | 107.9 | 108.6 |
| 2013-01 | 106.2 | 107.4 |
graphiqueFood raw materials
- Source: INSEE
tableauImported raw materials (excluding energy) in euros
| Index of last month | changes (in %) | |||
|---|---|---|---|---|
| M/M-1 | M/M-3 | M/M-12 | ||
| Food total | 202.0 | 6.8 | 15.7 | 19.8 |
| Tropical foodstuffs | 299.0 | 24.6 | 62.7 | 95.9 |
| Oilseeds, vegetable oils | 164.2 | -0.6 | 0.0 | -0.3 |
| Cereals | 149.9 | -0.7 | -6.7 | -1.9 |
| Sugar | 114.3 | -4.2 | -7.7 | -14.9 |
| Meat | 185.2 | -0.8 | 6.8 | 9.8 |
| Seafood products | 151.1 | 0.7 | -1.9 | -6.9 |
| Industrial raw materials | 133.8 | 7.4 | 3.9 | 4.1 |
| Agricultural raw materials | 123.9 | -0.9 | 3.8 | 9.0 |
| Natural textile fibres | 117.7 | -5.9 | -0.6 | -2.3 |
| Natural rubber | 59.5 | 0.4 | 8.2 | 22.7 |
| Hides | 44.4 | 1.4 | 1.6 | 2.2 |
| Wood pulp | 149.5 | 4.2 | 9.9 | 12.0 |
| Tropical sawn wood | 99.3 | -0.1 | 0.2 | 2.9 |
| Sawn softwood | 224.6 | -7.7 | -2.1 | 10.6 |
| Minerals | 133.2 | 8.9 | 4.0 | 3.4 |
| Ferrous metals | 102.0 | 3.5 | -15.4 | -2.8 |
| Non-ferrous metals | 141.7 | 11.7 | 14.8 | 4.0 |
| Precious metals | 196.5 | 10.1 | 17.0 | 13.5 |
| All commodities | 164.9 | 7.1 | 10.4 | 12.5 |
- 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.
Natural gas: TTF (futures contracts in the Netherlands) is considered as the benchmark market in Europe.
Uranium: the price monitored is that of triuranium octaoxide (U3O8) listed on the New York Mercantile Exchange.
Energy: prices of energy are monthly averages.
Indices of non-energy raw materials imported by France: the indices calculated by INSEE are monthly averages of raw material prices, weighted by their share in the French imports of raw materials (2010 = 100).
Strategic materials for the industry: the list of strategic materials monitored is a non-exhaustive selection of raw materials with which the French industry is particularly dependent, especially with regard to the energy transition. This selection is based on the work of the French Geological and Mining Research Bureau (BRGM) on critical and strategic materials.
Next issue: 21 June 2024 at 12.00 pm.
Pour en savoir plus
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.
Natural gas: TTF (futures contracts in the Netherlands) is considered as the benchmark market in Europe.
Uranium: the price monitored is that of triuranium octaoxide (U3O8) listed on the New York Mercantile Exchange.
Energy: prices of energy are monthly averages.
Indices of non-energy raw materials imported by France: the indices calculated by INSEE are monthly averages of raw material prices, weighted by their share in the French imports of raw materials (2010 = 100).
Strategic materials for the industry: the list of strategic materials monitored is a non-exhaustive selection of raw materials with which the French industry is particularly dependent, especially with regard to the energy transition. This selection is based on the work of the French Geological and Mining Research Bureau (BRGM) on critical and strategic materials.
Next issue: 21 June 2024 at 12.00 pm.