Latest data

Commodity prices

What food, fertiliser, energy and metals cost on world markets, month by month, and whether that is high by each one's own standards. World Bank data, to September 2026.

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Food

CommodityPriceUnitMonth beforeYear earlierAgainst its five years
Wheat$347.0mt+5.2%+48.4%High the highest since May 2023
Maize (corn)$239.6mt+7.0%+21.4%High the highest since July 2023
Rice$482mt+2.3%+28.9%High
Soybeans$524mt+8.7%+29.7%Typical the highest since January 2024
Palm oil$1,180mt+4.2%+13.8%Very high
Sugar$0.41kg+7.9%+17.1%Typical the highest since March 2025
Coffee (arabica)$7.26kg−8.9%−17.8%High
Cocoa$5.92kg−0.5%−15.8%High

Fertiliser

CommodityPriceUnitMonth beforeYear earlierAgainst its five years
Urea$407.5mt+4.5%−11.6%Typical
DAP fertiliser$800.6mt+0.9%+2.6%Very high the highest since May 2022
Potash$367.5mt−5.0%+4.3%Typical

Energy

CommodityPriceUnitMonth beforeYear earlierAgainst its five years
Natural gas, Europe$25.42mmbtu+20.4%+128.6%High the highest since December 2022
Natural gas, US$2.95mmbtu+6.5%−0.7%Typical
LNG, Japan$14.25mmbtu−6.7%+24.2%High
Coal, Australia$147.1mt+8.8%+38.4%High the highest since September 2023

Metals

CommodityPriceUnitMonth beforeYear earlierAgainst its five years
Copper$14,474mt+1.0%+45.0%Very high the highest month in the World Bank's data
Aluminium$3,283mt+1.0%+23.7%Very high
Iron ore$97.7dmtu+1.5%−5.4%Very low
Nickel$16,324mt−2.5%+8.1%Low

Precious metals

CommodityPriceUnitMonth beforeYear earlierAgainst its five years
Gold$4,319troy oz−2.1%+17.7%Very high
Silver$64.6troy oz−1.2%+50.9%Very high

Monthly averages for September 2026 unless a row says otherwise, in US dollars. Units: mt is a metric tonne, kg a kilogram, mmbtu a million British thermal units, troy oz a troy ounce, dmtu a dry metric ton unit. The five-year band ranks each price against the 60 months before it.

How this is measured

Prices are the World Bank's monthly averages, in US dollars of the day (not adjusted for inflation), as published in its Commodity Price Data, the “Pink Sheet”. A new month appears early in the month after; it is not a live quote.

The five-year position ranks the latest month against the 60 months before it: the 90th percentile means it was higher than 90% of them. The record is the highest or lowest month in the World Bank's data.

The World Bank revises recent months when its sources do, and these pages show the figures as currently published, rebuilt daily. Source: World Bank, Commodity Price Data (The Pink Sheet), edition of 2 October 2026. Licence: CC BY 4.0. Every month of every commodity here: commodities.csv.