commodity and food price rises unsustainable:

  1. 54,519 Posts.
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    These rises in the last 12 months cannot be sustained or inflation will send the global economy into depression IMO.

    You decide & make hay whilst the sun shines:

    Commodity 1 Month Change 12 Month change


    Crude Oil (petroleum), Price index 3.00% 20.23%
    Coal, Australian thermal coal 15.20% 36.57%
    Crude Oil (petroleum) 2.84% 20.20%
    Crude Oil (petroleum); Dated Brent 4.89% 26.08%
    Crude Oil (petroleum); Dubai Fateh 3.49% 20.31%
    Crude Oil (petroleum); West Texas Int. 0.40% 14.23%
    Indonesian Liquified Natural Gas 5.04% 7.07%
    Natural Gas 5.76% -23.11%
    Russian Natural Gas 5.27% 21.08%
    Cocoa beans 3.85% -10.15%
    Coffee, Other Mild Arabicas 10.79% 70.29%
    Coffee, Robusta 7.81% 41.17%
    Tea 4.54% 8.69%
    Barley 2.91% 33.10%
    Maize (corn) 5.68% 58.66%
    Rice -1.73% -11.79%
    Sorghum 11.17% 52.24%
    Wheat 6.37% 62.05%
    Bananas 5.75% 21.30%
    Oranges 1.48% -32.54%
    Beef 8.48% 38.65%
    Poultry (chicken) -0.45% 2.36%
    Lamb 0.29% -3.12%
    Swine (pork) 9.01% 11.43%
    Fish (salmon) -4.13% 30.68%
    Shrimp 1.02% 10.28%
    Sugar 3.25% 46.46%
    Sugar, European import price 1.00% -2.45%
    Sugar, U.S. import price 3.25% 32.63%
    Coconut Oil 20.29% 163.14%
    Fishmeal 0.89% -8.06%
    Olive Oil, extra virgin -0.47% -19.68%
    Palm Kernel Oil 16.92% 142.37%
    Palm oil 5.75% 66.92%
    Peanut Oil 2.00% 35.87%
    Groundnuts (peanuts) 15.41% 29.18%
    Rapeseed Oil 1.16% 29.10%
    Soybean Meal 6.34% 26.46%
    Soybean Oil 4.03% 49.98%
    Soybeans 5.65% 42.38%
    Sunflower oil 4.28% 37.30%
    Coarse Wool 14.87% 20.00%
    Copra 17.33% 158.40%
    Cotton 6.35% 131.18%
    DAP fertilizer 0.31% 39.36%
    Fine Wool 22.33% 54.70%
    Hard Logs 0.74% 19.45%
    Hard Sawnwood 1.20% 14.54%
    Hides 1.85% 19.34%
    Potassium Chloride 3.81% 3.70%
    Rock Phosphate 10.71% 58.97%
    Rubber 16.30% 79.10%
    Soft Logs -4.80% 25.46%
    Soft Sawnwood -5.17% 10.49%
    Triple Superphosphate 0.53% 60.34%
    Urea -0.26% 35.68%
    Aluminum 3.52% 9.40%
    Cold-rolled steel 0.00% 21.43%
    Copper, grade A cathode 4.16% 29.40%
    Gold -2.46% 21.33%
    Hot-rolled steel 0.00% 25.00%
    Iron Ore -1.30% 77.85%
    Lead 7.08% 9.85%
    Nickel 6.31% 39.20%
    Rebar 9.09% 17.65%
    Silver -2.80% 60.85%
    Steel wire rod 2.05% -11.56%
    Tin 5.12% 54.94%
    Uranium 5.33% 45.74%
    Zinc 3.87% -1.61%

    Reuters.
 
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