Commodity Prices in December 2017
Global Commodity Prices Rise Again
World commodity prices rose by 7.4 % in November 2017. As a result of the stronger euro, the increase in domestic currency was slightly lower at 6.2 %. This was mainly due to higher energy and metal prices. The experts of Industriebank IKB published the charts in this picture gallery for a detailed quarterly overview.
The experts at Industriebank IKB expect the Dollar-Euro exchange rate to move slightly above $ 1.15 during the first quarter of 2018.
The charts in this picture gallery show the developments of individual raw materials. The IKB experts explicitly point out that the price developments for metallic raw materials, other alloys and types of plastics may differ. In addition, the industrial bank observes major regional price deviations for some types of commodities.
This article was first published by Process.
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