Global Economic Prospects : Commodity Markets Outlook, April 2014
The key commodity price indices were broadly stable during 2014. Energy prices changed little, only 0.4 higher than 2013; agricultural prices increased 1.8 percent on weather-related concerns and metal prices declined 3.2 percent on Chinese demand...
Main Authors: | , |
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Format: | Working Paper |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2014
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Subjects: | |
Online Access: | http://hdl.handle.net/10986/18377 |
Summary: | The key commodity price indices were
broadly stable during 2014. Energy prices changed little,
only 0.4 higher than 2013; agricultural prices increased 1.8
percent on weather-related concerns and metal prices
declined 3.2 percent on Chinese demand weakness.
Agricultural prices are projected to ease in 2014 under the
assumption that current crop conditions will persist for the
next crop year. A weather-induced increase in maize and
wheat prices in late February and March 2014 was partly
offset by declines in rice prices. The report includes
detailed market analysis for most primary commodities,
including energy, metals, agriculture, precious metals, and
fertilizers. It also includes historical and recent price
data as well as price forecasts going up to 2025. |
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