FX & Commodity Almanac

Commodity board · World Bank prices for September 2026

Which commodity prices are up or down on the year?

In World Bank data for September 2026, 18 of 22 tracked commodities were priced above their level twelve months earlier and 4 below. energy +50.3%, precious metals +31.0%, base metals & ore +21.7% and grains & softs +16.0% on average (simple mean of each group’s year-on-year changes).

Monthly average prices in nominal US dollars. Rank = share of monthly averages since January 2000 at or below the latest month.
CommoditySept 2026Unitm/my/y5 yrRank since 2000
Energy
Brent crude oil 116.8 $/bbl ▲ +28.5% ▲ +71.8% ▲ +56.6% 97/100
WTI crude oil 96.90 $/bbl ▲ +17.2% ▲ +52.1% ▲ +35.3% 89/100
Dubai crude oil 93.30 $/bbl ▲ +17.1% ▲ +37.6% ▲ +29.2% 82/100
US natural gas (Henry Hub) 2.95 $/mmbtu ▲ +6.5% ▼ −0.7% ▼ −42.3% 33/100
European natural gas (TTF) 25.42 $/mmbtu ▲ +20.4% ▲ +128.6% ▲ +11.3% 95/100
Japan LNG import price 14.25 $/mmbtu ▼ −6.7% ▲ +24.2% ▲ +24.6% 79/100
Australian thermal coal 147.1 $/mt ▲ +8.8% ▲ +38.4% ▼ −20.8% 91/100
Precious metals
Gold 4,319 $/troy oz ▼ −2.1% ▲ +17.7% ▲ +143.3% 98/100
Silver 64.60 $/troy oz ▼ −1.2% ▲ +50.9% ▲ +178.4% 98/100
Platinum 1,784 $/troy oz ▲ +0.2% ▲ +24.3% ▲ +83.4% 95/100
Base metals & ore
Copper 14,474 $/mt ▲ +1.0% ▲ +45.0% ▲ +55.2% 100/100
Aluminium 3,283 $/mt ▲ +1.0% ▲ +23.7% ▲ +15.8% 98/100
Nickel 16,324 $/mt ▼ −2.5% ▲ +8.1% ▼ −15.8% 59/100
Zinc 4,021 $/mt ▲ +3.8% ▲ +37.1% ▲ +32.4% 99/100
Iron ore 97.70 $/dmtu ▲ +1.5% ▼ −5.4% ▼ −21.5% 56/100
Grains & softs
Wheat (US hard red winter) 347.0 $/mt ▲ +5.2% ▲ +48.4% ▲ +2.8% 90/100
Maize (corn) 239.6 $/mt ▲ +7.0% ▲ +21.4% ▲ +1.7% 80/100
Soybeans 524.0 $/mt ▲ +8.7% ▲ +29.7% ▼ −6.1% 76/100
Rice (Thai 5% broken) 482.0 $/mt ▲ +2.3% ▲ +28.9% ▲ +20.5% 70/100
Arabica coffee 7.26 $/kg ▼ −8.9% ▼ −17.8% ▲ +46.1% 95/100
Cocoa 5.92 $/kg ▼ −0.5% ▼ −15.8% ▲ +131.3% 93/100
Sugar (world) 0.41 $/kg ▲ +7.9% ▲ +17.1% ▼ −4.7% 75/100

Where do prices sit in their own history?

  1. Highest against their own record since 2000: Copper (100/100), Zinc (99/100) and Aluminium (98/100).
  2. Lowest against their own record: US natural gas (Henry Hub) (33/100), Iron ore (56/100) and Nickel (59/100).
  3. Ranks use nominal dollars. Because general prices have risen since 2000, a high nominal rank does not necessarily mean a high price in real terms; see nominal vs real commodity prices.

About these prices

The World Bank’s Commodity Price Data, widely known as the Pink Sheet, compiles monthly average prices for about 70 commodities from exchanges, trade bodies and price reporters, and is updated in the first days of each month. These are benchmark averages, not the price any buyer paid. Read what the Pink Sheet is and how the units work.

Source: World Bank Commodity Price Data (The Pink Sheet) (updated October 02, 2026), retrieved 16 Oct 2026; licensed CC BY 4.0.