COMMODITY PRICE DATA

Commodity

Unit

Annual averages
Jan-Dec Jan-Dec Jan-Aug
2009
2010
2011

Quarterly averages
Apr-Jun Jul-Sep Oct-Dec Jan-Mar Apr-Jun
2010
2010
2010
2011
2011

Monthly averages
Jun
Jul
Aug
2011
2011
2011

Energy
Coal, Australia
Crude oil, average
Crude oil, Brent
Crude oil, Dubai
Crude oil, West Texas Int.
Natural gas Index
Natural gas, Europe
Natural gas, US
Natural gas LNG, Japan

a/ $/mt
a/ $/bbl
a/ $/bbl
a/ $/bbl
a/ $/bbl
a/ 2000=100
a/ $/mmbtu
a/ $/mmbtu
a/ $/mmbtu

71.84
61.76
61.86
61.75
61.65
153.5
8.71
3.95
8.94

98.97
79.04
79.64
78.06
79.43
156.1
8.29
4.39
10.85

123.22
104.73
111.57
105.99
96.62
175.9
10.13
4.26
13.64

99.49
78.18
78.69
77.98
77.85
147.5
7.51
4.32
10.95

93.55
75.51
76.41
74.04
76.08
155.1
8.26
4.28
11.22

107.63
85.42
86.79
84.37
85.09
151.6
8.54
3.80
10.91

128.99
99.75
104.90
100.40
93.95
165.5
9.45
4.18
11.99

120.00
110.05
117.10
110.56
102.50
179.1
10.31
4.37
13.71

119.28
105.85
113.76
107.52
96.25
182.2
10.26
4.55
14.52

120.00
107.92
116.46
109.98
97.31
190.1
10.99
4.41
16.00

118.80
100.49
110.09
105.06
86.32
183.7
10.81
4.05
16.00

Non Energy
Agriculture
Beverages
Cocoa
Coffee, arabica
Coffee, robusta
Tea, auctions (3) avg.
Tea, Colombo auctions
Tea, Kolkata auctions
Tea, Mombasa auctions

b/
b/
b/
b/
b/
b/
b/

/kg
/kg
/kg
/kg
/kg
/kg
/kg

288.9
317.1
164.4
272.4
313.7
251.5
252.0

313.3
432.0
173.6
288.5
329.0
280.5
256.0

318.5
619.5
251.0
297.4
331.6
285.6
275.0

321.0
392.0
161.0
276.4
316.2
274.0
238.9

305.9
468.5
183.2
295.1
322.1
320.6
242.7

296.6
513.9
199.4
303.5
342.4
311.7
256.3

334.3
620.0
241.5
288.7
356.3
229.2
280.6

307.4
636.5
262.6
299.7
319.7
313.0
266.3

301.6
606.2
260.0
301.8
311.8
322.8
270.8

316.7
590.9
248.5
310.1
309.6
341.2
279.5

306.4
595.2
247.1
304.0
315.7
316.9
279.5

Food
Fats and Oils
Coconut oil
Copra
Groundnut oil
Palm oil
Palmkernel oil
Soybean meal
Soybean oil
Soybeans

b/ $/mt
$/mt
b/ $/mt
b/ $/mt
$/mt
b/ $/mt
b/ $/mt
b/ $/mt

725
480
1,184
683
700
408
849
437

1,124
750
1,404
901
1,184
378
1,005
450

1,916
1,284
1,860
1,171
1,845
414
1,331
560

955
634
1,352
813
1,034
342
875
409

1,159
769
1,301
875
1,161
378
984
452

1,546
1,038
1,604
1,108
1,619
424
1,242
522

2,073
1,379
1,723
1,251
2,131
437
1,349
565

1,996
1,342
1,830
1,147
1,874
400
1,311
557

1,803
1,186
1,980
1,133
1,765
394
1,324
558

1,662
1,121
2,120
1,089
1,371
400
1,337
559

1,454
985
2,100
1,083
1,375
401
1,330
558

Grains
Barley
Maize
Rice, Thailand, 5%
Rice, Thailand, 25%
Rice,Thai, A.1
Rice, Vietnam 5%
Sorghum
Wheat, Canada
Wheat, US, HRW
Wheat, US, SRW

b/ $/mt
b/ $/mt
b/ $/mt
$/mt
$/mt
$/mt
$/mt
$/mt
b/ $/mt
$/mt

128.3
165.5
555.0
458.1
326.4
n.a.
151.1
300.5
224.1
186.0

158.4
185.9
488.9
441.5
383.7
428.8
165.4
312.4
223.6
229.7

205.5
299.6
514.8
475.6
425.6
489.6
268.8
456.4
330.0
301.5

146.9
157.7
452.4
399.1
333.8
366.1
142.6
260.9
177.4
186.9

161.9
181.7
457.0
418.5
376.9
411.1
153.6
326.1
237.9
253.4

181.1
241.5
510.8
471.4
423.1
504.7
208.6
383.6
283.6
284.9

198.1
282.8
511.2
465.4
411.3
479.8
255.2
449.0
330.5
320.8

209.5
312.6
493.1
456.8
419.2
479.7
270.5
474.6
339.3
301.9

210.1
310.6
513.8
473.8
427.5
475.3
260.4
486.8
326.4
282.2

215.5
300.8
538.3
506.8
449.3
492.0
271.2
445.8
303.9
266.4

206.1
310.2
567.0
531.7
464.3
546.2
302.5
434.9
327.1
277.6

Other Food
Bananas, EU
Bananas, US
Fishmeal
Meat, beef
Meat, chicken
Meat, sheep
Oranges
Shrimp, Mexico
Sugar, EU
Sugar, US
Sugar, world

$/mt
b/ $/mt
$/mt
b/ /kg
b/ /kg
/kg
b/ $/mt
b/ /kg
b/ /kg
b/ /kg
b/ /kg

1144.9
847
1,230
264
188.8
427.6
909.0
945
52.44
54.88
40.00

1002.2
868
1,688
335
189.2
531.4
1033.2
1,004
44.18
79.25
46.93

1200.4
977
1,636
405
190.6
663.5
878.6
1,245
46.08
84.02
58.65

1029.0
862
1,814
342
190.2
486.8
1083.6
945
42.66
69.62
34.93

932.6
922
1,663
331
193.6
572.5
1162.9
n.a.
43.29
78.20
42.98

1033.4
909
1,613
353
189.3
618.7
877.9
1221.7
44.38
84.86
58.01

1251.4
964
1,740
410
188.2
637.1
824.0
1245.6
44.69
86.56
62.70

1250.2
1,004
1,648
406
191.0
668.5
877.9
1,244
47.02
80.28
52.56

1186.1
976
1,547
390
191.7
677.2
916.4
1,240
47.03
78.39
55.58

1075.8
961
1,490
395
192.6
690.7
971.6
n.a.
46.67
83.62
62.21

1022.5
951
1,435
399
194.3
700.5
951.7
n.a.
46.82
88.03
61.18

Raw Materials
Timber
Logs, Cameroon
Logs, Malaysia
Plywood
Sawnwood, Cameroon
Sawnwood, Malaysia
Woodpulp

$/cum
b/ $/cum
/sheets
$/cum
b/ $/cum
$/mt

421.5
287.2
564.6
748.9
805.5
614.6

428.6
278.2
569.1
812.7
848.3
866.8

483.6
375.7
600.9
848.5
948.2
924.5

408.0
253.5
566.3
787.1
832.6
875.5

426.3
293.5
572.3
811.8
879.8
912.9

448.5
312.1
580.5
847.8
892.9
897.8

451.6
326.2
588.5
833.1
921.6
891.5

489.6
382.1
603.2
872.2
959.2
942.0

504.0
417.6
607.7
870.6
973.2
950.4

521.6
430.5
612.7
832.6
969.4
955.1

523.3
450.0
619.2
839.5
973.6
940.0

Other Raw Materials

Cotton A Index
Rubber, RSS3
Rubber, TSR20

b/ /kg
b/ /kg
/kg

138.2
192.1
180.0

228.3
365.4
338.1

381.4
531.4
486.9

199.3
372.7
302.3

205.2
337.5
314.4

330.1
432.8
425.9

456.9
573.2
525.1

386.7
530.1
467.3

317.8
493.4
452.5

269.0
473.2
456.2

251.5
467.6
461.8

-1-

COMMODITY PRICE DATA

Commodity
Fertilizers
DAP
Phosphate rock
Potassium chloride
TSP
Urea

Unit
b/
b/
b/
b/
b/

Metals and Minerals

Aluminum
Copper
Gold
Iron ore, contract, fob Brazil
Iron ore, spot, cfr China
Lead
Nickel
Silver
Steel products index
Steel cr coilsheet
Steel hr coilsheet
Steel rebar
Steel wire rod
Tin
Zinc

b/ $/mt
b/ $/mt
$/toz
b/ /dmtu
$/dmt
b/ /kg
b/ $/mt
/toz
c/ 2000=100
c/ $/mt
c/ $/mt
c/ $/mt
c/ $/mt
b/ /kg
b/ /kg

$/mt
$/mt
$/mt
$/mt
$/mt

Annual averages
Jan-Dec Jan-Dec Jan-Aug
2009
2010
2011

Quarterly averages
Apr-Jun Jul-Sep Oct-Dec Jan-Mar Apr-Jun
2010
2010
2010
2011
2011

Monthly averages
Jun
Jul
Aug
2011
2011
2011

323.1
121.7
630.4
257.4
249.6

500.7
123.0
331.9
381.9
288.6

620.9
177.2
416.8
525.8
404.5

458.2
125.0
316.1
357.4
237.2

494.1
125.0
334.2
389.6
279.2

585.6
140.0
343.2
463.8
357.0

601.7
158.3
374.2
486.3
353.4

617.3
182.5
422.7
544.2
407.9

625.0
182.5
436.0
549.5
485.9

650.6
197.5
461.3
555.0
474.8

659.4
197.5
482.5
560.0
477.5

1,665
5,150
973
101.0
80.0
171.9
14,655
1,469
227.1
783
683
486
969
1,357
165.5

2,173
7,535
1,225
n.a.
145.9
214.8
21,809
2,020
229.7
816
716
563
712
2,041
216.1

2,530
9,387
1,500
n.a.
176.7
256.8
24,921
3,619
264.1
888
788
625
747
2,845
231.8

2,096
7,027
1,196
n.a.
159.2
195.0
22,476
1,838
241.1
838
738
621
767
1,786
202.6

2,090
7,243
1,227
n.a.
137.4
203.2
21,191
1,901
232.4
850
750
533
678
2,055
201.3

2,343
8,637
1,367
n.a.
155.9
239.0
23,609
2,647
233.9
850
750
550
653
2,601
231.5

2,501
9,642
1,384
n.a.
178.6
260.4
26,870
3,179
250.5
867
767
600
684
2,986
239.3

2,611
9,173
1,507
n.a.
175.8
255.1
24,355
3,857
272.8
900
800
640
782
2,885
225.5

2,558
9,067
1,529
n.a.
170.9
252.5
22,421
3,584
272.6
900
800
640
790
2,552
223.4

2,525
9,650
1,572
n.a.
173.0
268.1
23,848
3,812
271.4
900
800
640
790
2,740
239.8

2,379
9,001
1,757
n.a.
177.5
239.7
21,845
4,030
271.4
900
800
640
790
2,404
220.0

World Bank commodity price indices for low and middle income countries ( 2000 =100)
Energy
214.3
271.2
354.6
267.7
259.5
Non Energy
208.8
266.5
333.8
253.7
260.1
Agriculture
197.8
231.3
293.3
215.4
228.6
Beverages
219.9
253.8
300.1
246.9
259.2
Food
205.1
224.1
280.9
201.0
222.0
Fats and Oils
216.2
244.4
308.2
219.8
241.1
Grains
214.9
215.8
298.0
186.6
212.5
Other Food
181.6
204.9
229.4
189.4
205.3
Raw Materials
168.7
237.5
320.0
234.4
229.2
Timber
138.9
143.5
167.9
138.6
149.4
Other Raw Materials
201.4
340.3
486.4
339.1
316.5
Fertilizers
293.0
280.0
384.9
253.3
278.5
Metals and Minerals d/
221.9
337.2
411.0
332.2
322.5
Base Metals e/
208.9
297.8
363.9
280.9
286.5

291.3
302.0
264.7
266.4
260.4
292.1
259.1
219.7
274.4
153.3
406.9
329.3
375.4
336.8

339.5
339.7
300.4
304.8
284.9
321.0
289.4
233.2
335.9
158.7
529.6
343.5
419.9
373.4

370.3
331.7
291.8
300.2
277.8
303.2
302.9
221.7
321.5
170.1
487.0
392.2
406.6
359.2

357.9
326.5
286.6
292.1
277.6
301.0
302.3
224.5
305.7
176.0
447.5
427.1
397.0
351.3

365.1
330.7
284.7
294.9
278.3
297.7
296.7
236.2
295.0
177.0
424.0
433.3
413.4
369.9

341.9
325.4
285.1
290.8
280.6
295.4
310.0
234.5
293.1
179.9
416.9
438.7
395.1
343.6

a/ Included in the energy index (2000=100)

b/ Included in the non-energy index (2000=100)
c/ Steel not included in the non-energy index
d/ base metals plus iron ore
e/ Includes aluminum, copper, lead, nickel, tin and zinc
$ = US dollar = US cent bbl = barrel cum = cubic meter dmt = dry metric ton
dmtu = dry metric ton unit kg = kilogram
mmbtu = million British thermal units mt = metric ton toz = troy oz n.a. = not available n.q. = no quotation

Description of

Price Series

Coal (Australia), thermal, f.o.b. piers, Newcastle/Port Kembla, 6,700 kcal/kg beginning year 2011; for period 2002-2010, 6,300 kcal/kg (11,340 btu/lb), less than 0.8%, sulfur 13% ash;
prior to year 2002, 6,667 kcal/kg (12,000 btu/lb), less than 1.0% sulfur, 14% ash
Crude oil, average spot price of Brent, Dubai and West Texas Intermediate, equally weighed
Crude oil, U.K. Brent 38` API, f.o.b. U.K ports, spot price
Crude oil, Dubai Fateh 32` API, f.o.b. Dubai, spot price
Crude oil, West Texas Intermediate (WTI) 40` API, f.o.b. Midland Texas, spot price
Natural Gas Index, composite index weighted by consumption volumes for Europe, US and Japan liquefied natural gas (LNG).
Natural Gas (Europe), average import border price, including UK. As of April 2010 includes a spot price component. Between June 2000 - March 2010 excludes UK
Natural Gas (U.S.), spot price at Henry Hub, Louisiana
Natural gas LNG (Japan), import price, cif, recent two months' averages are estimates.
Cocoa (ICCO), International Cocoa Organization daily price, average of the first three positions on the terminal markets of New York and London,
nearest three future trading months.
Coffee (ICO), International Coffee Organization indicator price, other mild Arabicas, average New York and Bremen/Hamburg markets, ex-dock
Coffee (ICO), International Coffee Organization indicator price, Robustas, average New York and Le Havre/Marseilles markets, ex-dock
Tea , average three auctions, arithmetic average of quotations at Kolkata, Colombo and Mombasa/Nairobi.
Tea (Colombo auctions), Sri Lankan origin, all tea, arithmetic average of weekly quotes.
Tea (Kolkata auctions), leaf, include excise duty, arithmetic average of weekly quotes.
Tea (Mombasa/Nairobi auctions), African origin, all tea, arithmetic average of weekly quotes.
Coconut oil (Philippines/Indonesia), bulk, c.i.f. Rotterdam
Copra (Philippines/Indonesia), bulk, c.i.f. N.W. Europe
Groundnut oil (any origin), c.i.f. Rotterdam
Palm oil (Malaysia), 5% bulk, c.i.f. N. W. Europe
Palmkernel Oil (Malaysia), c.I.f. Rotterdam
Soybean meal (any origin), Argentine 45/46% extraction, c.i.f. Rotterdam beginning 1990; previously US 44%
Soybean oil (Any origin), crude, f.o.b. ex-mill Netherlands
Soybeans (US), c.i.f. Rotterdam

-2-

COMMODITY PRICE DATA

Commodity

Unit

Annual averages
Jan-Dec Jan-Dec Jan-Aug
2009
2010
2011

Quarterly averages
Apr-Jun Jul-Sep Oct-Dec Jan-Mar Apr-Jun
2010
2010
2010
2011
2011

Monthly averages
Jun
Jul
Aug
2011
2011
2011

Barley (Canada), feed, Western No. 1, Winnipeg Commodity Exchange, spot, wholesale farmers' price
Maize (US), no. 2, yellow, f.o.b. US Gulf ports
Rice (Thailand), 5% broken, white rice (WR), milled, indicative price based on weekly surveys of export transactions, government standard, f.o.b. Bangkok
Rice (Thailand), 25% broken, WR, milled indicative survey price, government standard, f.o.b. Bangkok
Rice (Thailand), 100% broken, A.1 Super from 2006 onwards, government standard, f.o.b. Bangkok; prior to 2006, A1 Special, a slightly lower grade than A1 Super.
Rice (Vietnam), 5% broken, WR, milled, weekly indicative survey price, Minimum Export Price, f.o.b. Hanoi
Sorghum (US), no. 2 milo yellow, f.o.b. Gulf ports
Wheat (Canada), no. 1, Western Red Spring (CWRS), in store, St. Lawrence, export price
Wheat (US), no. 1, hard red winter, ordinary protein, export price delivered at the US Gulf port for prompt or 30 days shipment
Wheat (US), no. 2, soft red winter, export price delivered at the US Gulf port for prompt or 30 days shipment
Bananas (Central & South America), major brands, c.i.f. Hamburg
Bananas (Central & South America), major brands, US import price, free on truck (f.o.t.) US Gulf ports
Fishmeal (any origin), 64-65%, c&f Bremen, estimates based on wholesale price, beginning 2004; previously c&f Hamburg
Meat, beef (Australia/New Zealand), chucks and cow forequarters, frozen boneless, 85% chemical lean, c.i.f. U.S. port (East Coast), ex-dock, beginning November
2002; previously cow forequarters
Meat, chicken (US), broiler/fryer, whole birds, 2-1/2 to 3 pounds, USDA grade "A", ice-packed, Georgia Dock preliminary weighted average, wholesale
Meat, sheep (New Zealand), frozen whole carcasses Prime Medium (PM) wholesale, Smithfield, London beginning January 2006; previously Prime Light (PL)
Oranges (Mediterranean exporters) navel, EEC indicative import price, c.i.f. Paris
Shrimp , (Mexico), west coast, frozen, white, No. 1, shell-on, headless, 26 to 30 count per pound, wholesale price at New York
Sugar (EU), European Union negotiated import price for raw unpackaged sugar from African, Caribbean and Pacific (ACP) under Lome Conventions,
c.I.f. European ports
Sugar (US), nearby futures contract, c.i.f.
Sugar (world), International Sugar Agreement (ISA) daily price, raw, f.o.b. and stowed at greater Caribbean ports
Logs (West Africa), sapele, high quality (loyal and marchand), 80 centimeter or more, f.o.b. Douala, Cameroon beginning January 1996; previously of unspecified dimension
Logs (Malaysia), meranti, Sarawak, sale price charged by importers, Tokyo beginning February 1993; previously average of Sabah and Sarawak weighted by Japanese
import volumes
Plywood (Africa and Southeast Asia), Lauan, 3-ply, extra, 91 cm x 182 cm x 4 mm, wholesale price, spot Tokyo
Sawnwood (Cameroon), sapele, width 6 inches or more, length 6 feet or more, f.a.s. Cameroonian ports
Sawnwood (Malaysia), dark red seraya/meranti, select and better quality, average 7 to 8 inches; length average 12 to 14 inches; thickness 1 to 2 inch(es);
kiln dry, c. & f. UK ports, with 5% agents commission including premium for products of certified sustainable forest beginning January 2005; previously excluding the premium
Woodpulp (Sweden), softwood, sulphate, bleached, air-dry weight, c.i.f. North Sea ports
Cotton (Cotton Outlook "CotlookA index"), middling 1-3/32 inch, traded in Far East, C/F beginning 2006; previously Northern Europe, c.i.f.
Rubber (Asia), RSS3 grade, Singapore Commodity Exchange Ltd (SICOM) nearby contract beginning 2004; during 2000 to 2003, Singapore RSS1; previously Malaysia RSS1
Rubber (Asia), TSR 20, Technically Specified Rubber, SICOM nearby contract
DAP (diammonium phosphate), standard size, bulk, spot, f.o.b. US Gulf
Phosphate rock (Morocco), 70% BPL, contract, f.a.s. Casablanca
Potassium chloride (muriate of potash), standard grade, spot, f.o.b. Vancouver
TSP (triple superphosphate), bulk, spot, beginning October 2006, Tunisian origin, granular, fob; previously US origin, f.o.b. US Gulf
Urea, (Black Sea), bulk, spot, f.o.b. Black Sea (primarily Yuzhnyy) beginning July 1991; for 1985-91 (June) f.o.b. Eastern Europe
Aluminum (LME) London Metal Exchange, unalloyed primary ingots, high grade, minimum 99.7% purity, settlement price beginning 2005; previously cash price
Copper (LME), grade A, minimum 99.9935% purity, cathodes and wire bar shapes, settlement price
Gold (UK), 99.5% fine, London afternoon fixing, average of daily rates
Iron ore (Brazil), VALE Carajas sinter feed, annual contract price, f.o.b. Ponta da Madeira, 66.5 - 67.9% Fe. Unit in dry metric ton unit (dmtu) denotes mt 1% Fe-unit.
This annual pricing basis has terninated.
Iron ore (any origin) fines, spot price, c.f.r. China, 62% Fe beginning December 2008; previously 63.5%
Lead (LME), refined, 99.97% purity, settlement price
Nickel (LME), cathodes, minimum 99.8% purity, settlement price beginning 2005; previously cash price
Silver (Handy & Harman), 99.9% grade refined, New York
Steel products price index, 2000=100, (Japanese), composite price index for eight selected steel products based on quotations f.o.b. Japan excluding
shipments to the US, including China after 2002, weighted by product shares of apparent combined consumption (volume of deliveries) at Germany,
Japan and the United States. The eight products are as follow: rebar (concrete reinforcing bars), merch bar (merchant bars), wire rod, section (H-shape),
plate (medium), hot rolled coil/sheet, cold rolled coil/sheet and galvanized iron sheet for building which replaces galvanized sheet for appliances.
Tin (LME), refined, 99.85% purity, settlement price
Zinc (LME), high grade, minimum 99.95% purity, settlement price beginning April 1990; previously special high grade, minimum 99.995%, cash prices

Sources include: Africa Tea Brokers Ltd Weekly Market Report, Bloomberg, Canadian Grain Commission, Canadian Wheat Board, Cotton Outlook, Coal Week International,
Fertilizer International, Fertilizer Week, FRuiTROP, IHS McCloskey Coal Report, INFOFISH, INTERFEL Fel Actualits hebdo, International Cocoa Organization,
International Coffee Organization, International Rubber Study Group, International Tea Committee, International Tropical Timber Organization, Internatonal Sugar Organization,
ISTA Mielke GmbH Oil World, Japan Lumber Journal, Japan Metal Bulletin, Meat Trades Journal, MLA Meat & Livestock Weekly, Platts International Coal Report, Platts Metals
Week, Singapore Commodity Exchange, Sopisco News, Sri Lanka Tea Board, Statistisches Bundesamt, US Department of Agriculture, US NOAA Fisheries Service, VALE
and World Gas Intelligence.

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