Informations Rapides ·
20 September 2024 · n° 237
In August 2024, oil prices retreated sharply, gas prices rebounded strongly Prices of energy and imported raw materials - August 2024
In August 2024, oil prices in euros retreated sharply (‑7.0% month-on-month after +2.7% in July). Conversely, gas prices rebounded strongly (+17.8% after ‑5.5%). Prices in euros of imported raw materials (excluding energy) decreased again over one month (‑1.0% after ‑3.9%), but remained up by 7.9% over one year. Food commodity prices bounced back a little over one month (+0.8% after ‑4.7%) and rose sharply over one year (+12.4%). Prices of industrial raw materials continued to fall over one month (‑3.5% after ‑2.9%), but increased slightly over one year (+2.2%). Lastly, all monitored prices of strategic materials for the industry dropped.
In August 2024, oil prices in euros retreated sharply (‑7.0% month-on-month after +2.7% in July). Conversely, gas prices rebounded strongly (+17.8% after ‑5.5%). Prices in euros of imported raw materials (excluding energy) decreased again over one month (‑1.0% after ‑3.9%), but remained up by 7.9% over one year. Food commodity prices bounced back a little over one month (+0.8% after ‑4.7%) and rose sharply over one year (+12.4%). Prices of industrial raw materials continued to fall over one month (‑3.5% after ‑2.9%), but increased slightly over one year (+2.2%). Lastly, all monitored prices of strategic materials for the industry dropped.
tableauImported raw materials (excluding energy)
| Price index in foreign currencies | Price index in euros | |
|---|---|---|
| 2024-08 | 136.9 | 154.2 |
| 2024-07 | 136.3 | 155.9 |
| 2024-06 | 140.5 | 162.2 |
| 2024-05 | 142.0 | 163.0 |
| 2024-04 | 142.4 | 164.6 |
| 2024-03 | 134.8 | 154.0 |
| 2024-02 | 131.2 | 151.0 |
| 2024-01 | 130.9 | 149.4 |
| 2023-12 | 131.9 | 150.3 |
| 2023-11 | 130.4 | 149.5 |
| 2023-10 | 126.0 | 147.6 |
| 2023-09 | 126.7 | 147.1 |
| 2023-08 | 125.4 | 142.9 |
| 2023-07 | 127.1 | 143.1 |
| 2023-06 | 125.5 | 143.4 |
| 2023-05 | 124.3 | 141.8 |
| 2023-04 | 129.1 | 146.5 |
| 2023-03 | 128.1 | 148.9 |
| 2023-02 | 129.8 | 151.2 |
| 2023-01 | 128.7 | 149.7 |
| 2022-12 | 124.6 | 147.0 |
| 2022-11 | 120.8 | 147.3 |
| 2022-10 | 121.4 | 152.6 |
| 2022-09 | 124.0 | 155.5 |
| 2022-08 | 130.7 | 161.6 |
| 2022-07 | 130.5 | 159.7 |
| 2022-06 | 138.6 | 164.5 |
| 2022-05 | 142.7 | 169.6 |
| 2022-04 | 151.5 | 178.1 |
| 2022-03 | 152.0 | 175.7 |
| 2022-02 | 142.0 | 159.4 |
| 2022-01 | 136.8 | 153.9 |
| 2021-12 | 131.5 | 148.1 |
| 2021-11 | 126.8 | 141.7 |
| 2021-10 | 130.8 | 144.1 |
| 2021-09 | 128.0 | 138.8 |
| 2021-08 | 132.3 | 143.1 |
| 2021-07 | 134.3 | 144.8 |
| 2021-06 | 135.8 | 144.2 |
| 2021-05 | 138.3 | 145.7 |
| 2021-04 | 129.9 | 138.9 |
| 2021-03 | 122.5 | 131.5 |
| 2021-02 | 119.4 | 126.1 |
| 2021-01 | 116.1 | 121.9 |
| 2020-12 | 112.9 | 118.3 |
| 2020-11 | 104.3 | 112.0 |
| 2020-10 | 100.7 | 108.5 |
| 2020-09 | 100.9 | 108.6 |
| 2020-08 | 98.4 | 105.7 |
| 2020-07 | 92.4 | 102.0 |
| 2020-06 | 90.2 | 101.1 |
| 2020-05 | 88.9 | 102.4 |
| 2020-04 | 84.6 | 97.3 |
| 2020-03 | 88.6 | 100.4 |
| 2020-02 | 91.5 | 106.1 |
| 2020-01 | 94.5 | 108.2 |
| 2019-12 | 93.6 | 106.9 |
| 2019-11 | 91.0 | 104.4 |
| 2019-10 | 89.6 | 102.8 |
| 2019-09 | 90.4 | 104.3 |
| 2019-08 | 90.9 | 103.7 |
| 2019-07 | 97.3 | 110.6 |
| 2019-06 | 95.8 | 108.1 |
| 2019-05 | 93.8 | 106.8 |
| 2019-04 | 95.1 | 108.1 |
| 2019-03 | 93.0 | 105.1 |
| 2019-02 | 93.8 | 105.5 |
| 2019-01 | 90.7 | 101.5 |
| 2018-12 | 89.1 | 99.9 |
| 2018-11 | 91.0 | 102.3 |
| 2018-10 | 92.3 | 103.0 |
| 2018-09 | 89.2 | 98.0 |
| 2018-08 | 90.6 | 100.4 |
| 2018-07 | 93.7 | 103.0 |
| 2018-06 | 98.0 | 107.9 |
| 2018-05 | 98.4 | 107.2 |
| 2018-04 | 97.4 | 102.5 |
| 2018-03 | 97.3 | 101.9 |
| 2018-02 | 98.3 | 102.8 |
| 2018-01 | 97.1 | 102.6 |
| 2017-12 | 94.2 | 102.1 |
| 2017-11 | 94.3 | 103.2 |
| 2017-10 | 93.7 | 102.6 |
| 2017-09 | 95.4 | 103.3 |
| 2017-08 | 96.6 | 105.4 |
| 2017-07 | 94.5 | 105.4 |
| 2017-06 | 91.5 | 104.2 |
| 2017-05 | 91.7 | 106.0 |
| 2017-04 | 92.8 | 110.4 |
| 2017-03 | 97.4 | 116.5 |
| 2017-02 | 97.9 | 117.8 |
| 2017-01 | 95.4 | 114.8 |
| 2016-12 | 93.0 | 112.6 |
| 2016-11 | 91.9 | 108.9 |
| 2016-10 | 86.5 | 100.8 |
| 2016-09 | 85.8 | 98.2 |
| 2016-08 | 87.1 | 99.7 |
| 2016-07 | 87.8 | 101.4 |
| 2016-06 | 85.4 | 97.6 |
| 2016-05 | 83.3 | 94.6 |
| 2016-04 | 83.5 | 94.7 |
| 2016-03 | 80.5 | 92.8 |
| 2016-02 | 76.9 | 88.7 |
| 2016-01 | 75.2 | 88.2 |
| 2015-12 | 76.2 | 89.3 |
| 2015-11 | 77.4 | 92.1 |
| 2015-10 | 80.7 | 92.4 |
| 2015-09 | 81.4 | 93.2 |
| 2015-08 | 82.1 | 94.8 |
| 2015-07 | 83.2 | 97.6 |
| 2015-06 | 86.0 | 99.5 |
| 2015-05 | 86.3 | 100.4 |
| 2015-04 | 84.8 | 101.7 |
| 2015-03 | 85.6 | 102.0 |
| 2015-02 | 88.3 | 101.2 |
| 2015-01 | 91.0 | 101.7 |
| 2014-12 | 93.8 | 99.4 |
| 2014-11 | 96.4 | 101.6 |
| 2014-10 | 97.6 | 101.6 |
| 2014-09 | 98.4 | 100.9 |
| 2014-08 | 101.4 | 100.9 |
| 2014-07 | 102.2 | 100.0 |
| 2014-06 | 101.0 | 98.7 |
| 2014-05 | 103.0 | 99.8 |
| 2014-04 | 106.0 | 102.1 |
| 2014-03 | 104.8 | 100.8 |
| 2014-02 | 103.0 | 100.1 |
| 2014-01 | 101.5 | 98.9 |
| 2013-12 | 101.8 | 98.5 |
| 2013-11 | 101.0 | 99.3 |
| 2013-10 | 100.1 | 97.7 |
| 2013-09 | 100.2 | 99.8 |
| 2013-08 | 101.3 | 101.2 |
| 2013-07 | 100.8 | 102.3 |
| 2013-06 | 99.8 | 100.8 |
| 2013-05 | 101.0 | 103.8 |
| 2013-04 | 102.3 | 104.7 |
| 2013-03 | 103.6 | 106.6 |
| 2013-02 | 105.9 | 106.0 |
| 2013-01 | 104.2 | 104.9 |
graphiqueImported raw materials (excluding energy)
- Source: INSEE.
Oil prices retreated sharply, gas prices rebounded strongly
In August 2024, the price in dollars of North Sea crude oil (Brent) retreated sharply (‑5.6% after +3.5% in July), averaging $80.4 a barrel. In euros, the downturn was even more marked (‑7.0% after +2.7%), due to the appreciation of the euro against the dollar over the period.
Conversely, the price of natural gas on the European market (TTF) rebounded strongly (+17.8% after ‑5.5%), averaging €38.3/MWh. Over three months, it has risen by 20.0%. Lastly, the price of uranium fell again (‑5.7% after ‑2.2%), but remained up sharply over one year (+39.8%).
tableauPrices of energy
| Brent in dollars per barrel | Brent in euros per barrel | Natural gas (TTF) in euros per MWh | Uranium in euros per pound | |
|---|---|---|---|---|
| 2024-08 | 80.4 | 73.0 | 38.3 | 73.4 |
| 2024-07 | 85.2 | 78.5 | 32.6 | 77.8 |
| 2024-06 | 82.2 | 76.5 | 34.5 | 79.6 |
| 2024-05 | 81.9 | 75.7 | 32.0 | 84.6 |
| 2024-04 | 89.8 | 83.8 | 28.9 | 82.6 |
| 2024-03 | 85.4 | 78.6 | 26.9 | 81.7 |
| 2024-02 | 83.5 | 77.3 | 25.8 | 93.2 |
| 2024-01 | 80.0 | 73.4 | 29.9 | 91.4 |
| 2023-12 | 77.8 | 71.2 | 36.0 | 79.1 |
| 2023-11 | 82.9 | 76.8 | 45.7 | 71.1 |
| 2023-10 | 90.6 | 85.8 | 47.1 | 67.7 |
| 2023-09 | 93.5 | 87.5 | 36.9 | 61.2 |
| 2023-08 | 86.1 | 78.9 | 35.0 | 52.5 |
| 2023-07 | 80.1 | 72.4 | 29.5 | 50.5 |
| 2023-06 | 74.8 | 69.0 | 32.6 | 52.0 |
| 2023-05 | 75.6 | 69.6 | 31.7 | 49.5 |
| 2023-04 | 84.7 | 77.2 | 42.1 | 46.8 |
| 2023-03 | 78.4 | 73.3 | 44.0 | 47.1 |
| 2023-02 | 82.8 | 77.3 | 52.6 | 47.6 |
| 2023-01 | 82.5 | 76.6 | 63.9 | 45.7 |
| 2022-12 | 81.0 | 76.5 | 116.2 | 45.6 |
| 2022-11 | 91.4 | 89.7 | 119.5 | 49.6 |
| 2022-10 | 93.3 | 95.0 | 135.5 | 51.4 |
| 2022-09 | 89.7 | 90.6 | 203.5 | 49.8 |
| 2022-08 | 100.6 | 99.4 | 236.0 | 47.4 |
| 2022-07 | 111.9 | 109.9 | 172.0 | 46.2 |
| 2022-06 | 122.0 | 115.5 | 108.3 | 46.4 |
| 2022-05 | 113.1 | 106.9 | 94.1 | 47.8 |
| 2022-04 | 104.9 | 96.7 | 101.8 | 54.6 |
| 2022-03 | 117.2 | 106.4 | 131.3 | 49.7 |
| 2022-02 | 96.8 | 85.4 | 81.9 | 38.4 |
| 2022-01 | 86.5 | 76.5 | 85.2 | 39.3 |
| 2021-12 | 74.4 | 65.8 | 114.8 | 39.0 |
| 2021-11 | 81.0 | 71.0 | 82.6 | 40.3 |
| 2021-10 | 83.5 | 72.0 | 91.3 | 37.6 |
| 2021-09 | 74.5 | 63.3 | 66.2 | 36.8 |
| 2021-08 | 70.9 | 60.2 | 44.7 | 27.4 |
| 2021-07 | 75.1 | 63.5 | 36.1 | 27.4 |
| 2021-06 | 73.2 | 60.8 | 29.2 | 26.6 |
| 2021-05 | 68.5 | 56.4 | 25.0 | 25.0 |
| 2021-04 | 64.8 | 54.1 | 20.4 | 24.7 |
| 2021-03 | 65.4 | 55.0 | 17.6 | 24.0 |
| 2021-02 | 62.3 | 51.5 | 17.4 | 24.0 |
| 2021-01 | 54.8 | 45.0 | 20.4 | 24.6 |
| 2020-12 | 50.0 | 41.1 | 16.4 | 24.6 |
| 2020-11 | 42.7 | 36.1 | 13.9 | 25.0 |
| 2020-10 | 40.2 | 34.1 | 14.2 | 25.2 |
| 2020-09 | 40.9 | 34.7 | 11.4 | 25.6 |
| 2020-08 | 44.8 | 37.8 | 8.3 | 26.6 |
| 2020-07 | 43.2 | 37.7 | 5.4 | 28.4 |
| 2020-06 | 40.3 | 35.8 | 5.3 | 29.6 |
| 2020-05 | 29.4 | 27.5 | 4.9 | 31.0 |
| 2020-04 | 18.5 | 16.9 | 6.7 | 28.8 |
| 2020-03 | 31.9 | 28.8 | 8.4 | 22.9 |
| 2020-02 | 55.7 | 51.1 | 9.1 | 22.5 |
| 2020-01 | 63.6 | 57.3 | 11.2 | 22.1 |
| 2019-12 | 67.2 | 60.4 | 14.2 | 22.9 |
| 2019-11 | 63.2 | 57.2 | 15.9 | 22.9 |
| 2019-10 | 59.7 | 54.0 | 15.6 | 22.4 |
| 2019-09 | 62.8 | 57.1 | 13.0 | 23.1 |
| 2019-08 | 59.0 | 53.1 | 11.3 | 22.7 |
| 2019-07 | 63.9 | 57.0 | 11.0 | 22.6 |
| 2019-06 | 64.3 | 56.9 | 10.8 | 21.8 |
| 2019-05 | 71.2 | 63.6 | 13.2 | 21.9 |
| 2019-04 | 71.2 | 63.4 | 14.9 | 22.9 |
| 2019-03 | 66.1 | 58.5 | 15.6 | 23.7 |
| 2019-02 | 64.0 | 56.4 | 18.1 | 25.1 |
| 2019-01 | 59.4 | 52.0 | 21.7 | 25.3 |
| 2018-12 | 56.5 | 49.8 | 23.9 | 25.2 |
| 2018-11 | 64.7 | 57.0 | 24.8 | 25.5 |
| 2018-10 | 81.0 | 70.6 | 26.1 | 24.1 |
| 2018-09 | 78.9 | 67.7 | 27.9 | 23.3 |
| 2018-08 | 72.5 | 62.8 | 23.9 | 22.7 |
| 2018-07 | 74.3 | 63.5 | 22.2 | 20.5 |
| 2018-06 | 74.4 | 63.7 | 21.8 | 19.8 |
| 2018-05 | 76.9 | 65.2 | 21.6 | 18.7 |
| 2018-04 | 72.0 | 58.7 | 19.3 | 16.9 |
| 2018-03 | 66.0 | 53.5 | 18.5 | 17.7 |
| 2018-02 | 65.3 | 52.9 | 18.6 | 17.6 |
| 2018-01 | 69.1 | 56.6 | 18.6 | 19.1 |
| 2017-12 | 64.4 | 54.4 | 20.6 | 20.6 |
| 2017-11 | 62.7 | 53.4 | 19.5 | 19.6 |
| 2017-10 | 57.5 | 48.9 | 17.9 | 17.3 |
| 2017-09 | 55.5 | 46.6 | 17.1 | 17.2 |
| 2017-08 | 51.9 | 44.0 | 15.8 | 17.3 |
| 2017-07 | 49.1 | 42.6 | 14.8 | 17.8 |
| 2017-06 | 47.6 | 42.4 | 14.9 | 17.8 |
| 2017-05 | 51.4 | 46.5 | 15.6 | 19.5 |
| 2017-04 | 53.8 | 50.1 | 16.0 | 21.6 |
| 2017-03 | 52.6 | 49.2 | 16.0 | 23.4 |
| 2017-02 | 56.0 | 52.6 | 19.4 | 23.6 |
| 2017-01 | 55.4 | 52.2 | 19.7 | 21.5 |
| 2016-12 | 54.9 | 52.1 | 17.5 | 18.8 |
| 2016-11 | 47.1 | 43.7 | 18.0 | 17.1 |
| 2016-10 | 51.4 | 46.6 | 16.5 | 19.2 |
| 2016-09 | 47.7 | 42.5 | 12.9 | 22.0 |
| 2016-08 | 46.8 | 41.8 | 12.3 | 23.2 |
| 2016-07 | 45.3 | 41.0 | 14.4 | 23.5 |
| 2016-06 | 48.2 | 43.0 | 14.4 | 24.2 |
| 2016-05 | 46.7 | 41.3 | 13.1 | 24.6 |
| 2016-04 | 41.6 | 36.7 | 12.0 | 25.4 |
| 2016-03 | 38.2 | 34.4 | 12.0 | 26.9 |
| 2016-02 | 32.2 | 29.0 | 12.2 | 30.3 |
| 2016-01 | 30.7 | 28.3 | 13.8 | 32.0 |
graphiquePrices of energy
- Source: INSEE.
tableauEnergy prices
| prices of last month | changes (in %) | |||
|---|---|---|---|---|
| M/M-1 | M/M-3 | M/M-12 | ||
| Brent in $ per barrel | 80.4 | -5.6 | -1.8 | -6.6 |
| Brent in € per barrel | 73.0 | -7.0 | -3.5 | -7.4 |
| Natural gas (TTF) in €/MWh | 38.3 | 17.8 | 20.0 | 9.6 |
| Uranium in €/pound | 73.4 | -5.7 | -13.3 | 39.8 |
- Source: INSEE.
Prices in euros of industrial raw materials decreased again
In August 2024, the prices of industrial raw materials in euros declined further over one month (‑3.5% after ‑2.9% in July), but were up slightly over one year (+2.2%).
Prices for minerals fell again (‑4.3% after ‑2.8%), in the wake of those for ferrous metals (‑7.3% after ‑1.4%) and non-ferrous metals (‑3.8% after ‑4.7%). Prices for precious metals, on their side, were virtually stable (‑0.2% after +1.7%). Over a year, prices of mineral materials increased slightly (+2.0%), driven up by those for precious metals (+21.8%) and, to a lesser extent, non-ferrous metals (+3.7%). Only ferrous metal prices dropped over one year (‑9.9%).
Prices for agro-industrial raw materials rebounded over one month (+1.3% after ‑3.1%) in the wake of those for sawn softwood (+6.6% after ‑3.3%) and natural rubber (+4.6% after ‑6.4%). Conversely, prices for natural textile fibres continued to decline (‑2.7% after ‑3.3%), as did those for hides (‑1.5% after ‑0.8%). Tropical sawn wood prices edged down (‑1.0% after +0.4%). Finally, prices for paper pulp were virtually stable (‑0.2% after ‑3.9%). Over one year, prices for agro-industrial materials rose by 3.8%. They were driven up by prices for natural rubber (+32.1%) and paper pulp (+8.0%), while prices for natural textile fibres fell sharply (‑13.1%).
tableauIndustrial raw materials
| Price index in foreign currencies | Price index in euros | |
|---|---|---|
| 2024-08 | 102.6 | 123.1 |
| 2024-07 | 104.8 | 127.6 |
| 2024-06 | 107.0 | 131.4 |
| 2024-05 | 112.7 | 137.7 |
| 2024-04 | 108.7 | 133.8 |
| 2024-03 | 102.5 | 124.6 |
| 2024-02 | 103.2 | 126.3 |
| 2024-01 | 106.3 | 128.8 |
| 2023-12 | 107.6 | 130.4 |
| 2023-11 | 105.6 | 129.1 |
| 2023-10 | 101.7 | 127.1 |
| 2023-09 | 102.9 | 127.1 |
| 2023-08 | 99.5 | 120.4 |
| 2023-07 | 101.2 | 120.9 |
| 2023-06 | 100.8 | 122.9 |
| 2023-05 | 99.9 | 121.6 |
| 2023-04 | 106.5 | 128.6 |
| 2023-03 | 109.0 | 134.8 |
| 2023-02 | 111.9 | 138.4 |
| 2023-01 | 112.7 | 138.6 |
| 2022-12 | 107.1 | 133.7 |
| 2022-11 | 99.5 | 128.7 |
| 2022-10 | 97.1 | 130.4 |
| 2022-09 | 100.1 | 133.5 |
| 2022-08 | 106.4 | 139.1 |
| 2022-07 | 104.8 | 136.5 |
| 2022-06 | 117.6 | 147.7 |
| 2022-05 | 124.6 | 156.2 |
| 2022-04 | 139.8 | 171.8 |
| 2022-03 | 144.9 | 175.1 |
| 2022-02 | 133.4 | 156.6 |
| 2022-01 | 127.0 | 149.4 |
| 2021-12 | 119.9 | 141.1 |
| 2021-11 | 111.6 | 130.0 |
| 2021-10 | 120.3 | 137.8 |
| 2021-09 | 117.8 | 133.1 |
| 2021-08 | 123.5 | 139.4 |
| 2021-07 | 134.6 | 151.4 |
| 2021-06 | 137.0 | 151.2 |
| 2021-05 | 140.0 | 153.4 |
| 2021-04 | 128.4 | 142.6 |
| 2021-03 | 121.4 | 135.8 |
| 2021-02 | 118.3 | 130.2 |
| 2021-01 | 115.5 | 126.3 |
| 2020-12 | 110.9 | 121.0 |
| 2020-11 | 96.9 | 108.6 |
| 2020-10 | 92.7 | 104.4 |
| 2020-09 | 94.6 | 106.3 |
| 2020-08 | 93.0 | 104.1 |
| 2020-07 | 84.4 | 97.4 |
| 2020-06 | 79.0 | 92.8 |
| 2020-05 | 73.8 | 89.5 |
| 2020-04 | 70.8 | 86.1 |
| 2020-03 | 74.6 | 89.2 |
| 2020-02 | 78.0 | 94.6 |
| 2020-01 | 82.2 | 98.0 |
| 2019-12 | 80.3 | 95.6 |
| 2019-11 | 77.7 | 93.0 |
| 2019-10 | 78.7 | 94.1 |
| 2019-09 | 80.8 | 97.0 |
| 2019-08 | 79.9 | 95.0 |
| 2019-07 | 89.0 | 105.1 |
| 2019-06 | 84.9 | 99.6 |
| 2019-05 | 83.2 | 98.4 |
| 2019-04 | 83.9 | 99.0 |
| 2019-03 | 82.1 | 96.4 |
| 2019-02 | 82.1 | 95.9 |
| 2019-01 | 76.4 | 88.7 |
| 2018-12 | 74.9 | 87.1 |
| 2018-11 | 77.1 | 89.7 |
| 2018-10 | 78.4 | 90.3 |
| 2018-09 | 76.7 | 87.1 |
| 2018-08 | 77.5 | 88.8 |
| 2018-07 | 78.4 | 89.0 |
| 2018-06 | 82.5 | 94.0 |
| 2018-05 | 83.3 | 93.9 |
| 2018-04 | 82.6 | 89.8 |
| 2018-03 | 82.1 | 88.7 |
| 2018-02 | 86.0 | 92.8 |
| 2018-01 | 85.6 | 93.4 |
| 2017-12 | 81.5 | 91.5 |
| 2017-11 | 79.9 | 90.4 |
| 2017-10 | 78.8 | 89.1 |
| 2017-09 | 80.9 | 90.3 |
| 2017-08 | 79.6 | 89.5 |
| 2017-07 | 73.9 | 85.1 |
| 2017-06 | 69.8 | 82.3 |
| 2017-05 | 71.6 | 85.7 |
| 2017-04 | 75.0 | 92.6 |
| 2017-03 | 80.6 | 99.8 |
| 2017-02 | 81.1 | 100.9 |
| 2017-01 | 76.5 | 95.4 |
| 2016-12 | 75.2 | 94.4 |
| 2016-11 | 71.6 | 87.9 |
| 2016-10 | 64.5 | 77.7 |
| 2016-09 | 63.6 | 75.3 |
| 2016-08 | 65.4 | 77.5 |
| 2016-07 | 64.3 | 77.1 |
| 2016-06 | 60.9 | 72.1 |
| 2016-05 | 61.6 | 72.4 |
| 2016-04 | 63.2 | 74.2 |
| 2016-03 | 60.7 | 72.8 |
| 2016-02 | 56.2 | 67.3 |
| 2016-01 | 53.5 | 65.4 |
| 2015-12 | 54.1 | 66.1 |
| 2015-11 | 55.9 | 69.3 |
| 2015-10 | 60.4 | 71.6 |
| 2015-09 | 62.1 | 73.8 |
| 2015-08 | 61.9 | 74.1 |
| 2015-07 | 63.5 | 77.1 |
| 2015-06 | 68.7 | 81.9 |
| 2015-05 | 70.1 | 83.8 |
| 2015-04 | 67.0 | 82.9 |
| 2015-03 | 68.1 | 83.8 |
| 2015-02 | 70.4 | 82.8 |
| 2015-01 | 73.1 | 84.0 |
| 2014-12 | 76.9 | 83.3 |
| 2014-11 | 80.2 | 85.8 |
| 2014-10 | 81.4 | 85.7 |
| 2014-09 | 83.6 | 86.5 |
| 2014-08 | 87.1 | 87.2 |
| 2014-07 | 87.4 | 86.1 |
| 2014-06 | 84.4 | 82.8 |
| 2014-05 | 85.7 | 83.3 |
| 2014-04 | 88.8 | 85.8 |
| 2014-03 | 87.3 | 84.3 |
| 2014-02 | 90.0 | 88.0 |
| 2014-01 | 92.2 | 90.4 |
| 2013-12 | 93.8 | 91.4 |
| 2013-11 | 93.3 | 92.3 |
| 2013-10 | 92.4 | 90.4 |
| 2013-09 | 92.0 | 92.0 |
| 2013-08 | 93.1 | 93.3 |
| 2013-07 | 89.3 | 91.1 |
| 2013-06 | 87.0 | 88.0 |
| 2013-05 | 90.6 | 93.1 |
| 2013-04 | 95.3 | 97.5 |
| 2013-03 | 98.6 | 101.3 |
| 2013-02 | 104.5 | 104.2 |
| 2013-01 | 102.9 | 103.1 |
graphiqueIndustrial raw materials
- Source: INSEE.
All prices of strategic materials for the industry are down
In August 2024, the price in euros of lithium dropped again (‑7.5% after ‑6.6% in July). This was also the case for the prices of copper (‑6.0% after ‑3.3%), cobalt (‑6.0% after ‑2.2%), silver (‑5.4% after ‑0.2%), platinum (‑4.9% after ‑1.4%), nickel (‑2.4% after ‑7.0%), chromium (‑1.6% after ‑0.9%) and molybdenum (‑1.5% after ‑0.8%). Finally, the price of palladium retreated (‑4.8% after +3.1%).
tableauPrices of strategic materials for the industry
| prices of last month | changes (in %) | |||
|---|---|---|---|---|
| M/M-1 | M/M-3 | M/M-12 | ||
| Silver (cts €/ounce) | 2,594.7 | -5.4 | -4.7 | 20.6 |
| Chromium (€/tonne) | 8,526.5 | -1.6 | -2.3 | -1.5 |
| Cobalt (€/tonne) | 22,935.6 | -6.0 | -9.6 | -24.3 |
| Copper (€/tonne) | 8,143.5 | -6.0 | -13.2 | 6.4 |
| Lithium (€/tonne) | 97,596.0 | -7.5 | -15.2 | -57.2 |
| Molybdenum (€/tonne) | 40,039.7 | -1.5 | -1.8 | -8.2 |
| Nickel (€/tonne) | 14,755.2 | -2.4 | -18.4 | -21.3 |
| Palladium (€/ounce) | 832.5 | -4.8 | -7.9 | -26.6 |
| Platinum (€/ounce) | 862.8 | -4.9 | -8.8 | 1.1 |
- Within the mineral raw materials index, silver, palladium and platinum are classified as precious metals, while the other strategic raw materials for industry are classified as non-ferrous metals.
- Source: INSEE.
Food commodity prices in euros bounced back a little
In August 2024, the prices in euros of food commodities picked up (+0.8% after ‑4.7% in July), due to the rebound in those for tropical commodities (+3.8% after ‑4.4%), seafood products (+3.8% after ‑6.4%) and meat (+1.4% after ‑6.2%). In contrast, prices for oilseeds fell again (‑5.9% after ‑1.3%), as did those for sugar (‑6.0% after ‑0.2%) and cereals (‑3.3% after ‑8.2%). Over one year, food commodity prices surged by 12.4%, driven by soaring tropical commodity prices (+87.2%), themselves buoyed by those of cocoa (+159.3%) and coffee (+60.2%). Conversely, the prices of other imported food commodities declined year on year: this was particularly the case for sugar (‑24.6%), cereals (‑15.2%) or even oilseeds (‑8.0%).
tableauFood raw materials
| Price index in foreign currencies | Price index in euros | |
|---|---|---|
| 2024-08 | 179.3 | 191.4 |
| 2024-07 | 175.3 | 189.8 |
| 2024-06 | 181.9 | 199.1 |
| 2024-05 | 178.2 | 193.6 |
| 2024-04 | 184.0 | 201.5 |
| 2024-03 | 174.7 | 189.2 |
| 2024-02 | 165.6 | 180.7 |
| 2024-01 | 161.2 | 174.6 |
| 2023-12 | 161.6 | 174.7 |
| 2023-11 | 160.9 | 174.4 |
| 2023-10 | 155.9 | 172.7 |
| 2023-09 | 155.9 | 171.5 |
| 2023-08 | 157.3 | 170.3 |
| 2023-07 | 159.0 | 170.1 |
| 2023-06 | 155.8 | 168.4 |
| 2023-05 | 154.3 | 166.4 |
| 2023-04 | 156.8 | 168.6 |
| 2023-03 | 151.3 | 166.5 |
| 2023-02 | 151.2 | 167.3 |
| 2023-01 | 147.9 | 163.7 |
| 2022-12 | 145.4 | 163.6 |
| 2022-11 | 146.0 | 169.4 |
| 2022-10 | 149.7 | 178.4 |
| 2022-09 | 151.9 | 181.2 |
| 2022-08 | 159.2 | 187.9 |
| 2022-07 | 160.7 | 186.7 |
| 2022-06 | 163.6 | 185.0 |
| 2022-05 | 164.4 | 186.7 |
| 2022-04 | 166.3 | 188.1 |
| 2022-03 | 161.7 | 179.8 |
| 2022-02 | 153.2 | 165.4 |
| 2022-01 | 149.2 | 161.6 |
| 2021-12 | 145.1 | 157.3 |
| 2021-11 | 143.8 | 154.9 |
| 2021-10 | 143.2 | 152.5 |
| 2021-09 | 140.1 | 146.6 |
| 2021-08 | 143.2 | 149.2 |
| 2021-07 | 136.3 | 141.7 |
| 2021-06 | 137.1 | 140.8 |
| 2021-05 | 139.1 | 141.8 |
| 2021-04 | 133.5 | 138.3 |
| 2021-03 | 125.6 | 130.3 |
| 2021-02 | 122.5 | 125.0 |
| 2021-01 | 118.7 | 120.4 |
| 2020-12 | 114.5 | 115.9 |
| 2020-11 | 112.5 | 116.4 |
| 2020-10 | 109.7 | 113.5 |
| 2020-09 | 107.7 | 111.7 |
| 2020-08 | 104.2 | 108.0 |
| 2020-07 | 101.5 | 107.6 |
| 2020-06 | 103.1 | 110.9 |
| 2020-05 | 106.4 | 117.4 |
| 2020-04 | 100.7 | 110.4 |
| 2020-03 | 104.7 | 113.4 |
| 2020-02 | 107.1 | 119.5 |
| 2020-01 | 108.7 | 120.1 |
| 2019-12 | 109.3 | 120.5 |
| 2019-11 | 106.7 | 118.0 |
| 2019-10 | 102.2 | 113.0 |
| 2019-09 | 101.3 | 112.7 |
| 2019-08 | 103.5 | 114.0 |
| 2019-07 | 105.9 | 116.6 |
| 2019-06 | 108.0 | 118.1 |
| 2019-05 | 105.9 | 116.5 |
| 2019-04 | 107.9 | 118.8 |
| 2019-03 | 105.5 | 115.3 |
| 2019-02 | 107.3 | 116.9 |
| 2019-01 | 107.9 | 117.0 |
| 2018-12 | 106.3 | 115.4 |
| 2018-11 | 107.7 | 117.6 |
| 2018-10 | 108.9 | 118.3 |
| 2018-09 | 104.0 | 111.2 |
| 2018-08 | 106.1 | 114.5 |
| 2018-07 | 112.1 | 120.0 |
| 2018-06 | 116.6 | 124.9 |
| 2018-05 | 116.4 | 123.2 |
| 2018-04 | 115.0 | 117.9 |
| 2018-03 | 115.4 | 118.0 |
| 2018-02 | 112.3 | 114.5 |
| 2018-01 | 110.0 | 113.3 |
| 2017-12 | 109.0 | 114.7 |
| 2017-11 | 111.4 | 118.6 |
| 2017-10 | 111.6 | 119.1 |
| 2017-09 | 112.7 | 119.2 |
| 2017-08 | 117.4 | 125.2 |
| 2017-07 | 120.6 | 130.9 |
| 2017-06 | 119.3 | 131.8 |
| 2017-05 | 117.3 | 131.6 |
| 2017-04 | 114.9 | 132.6 |
| 2017-03 | 118.0 | 136.9 |
| 2017-02 | 118.4 | 138.6 |
| 2017-01 | 119.0 | 139.1 |
| 2016-12 | 114.8 | 134.6 |
| 2016-11 | 117.5 | 135.0 |
| 2016-10 | 115.0 | 130.4 |
| 2016-09 | 114.4 | 127.5 |
| 2016-08 | 115.1 | 128.0 |
| 2016-07 | 118.4 | 132.7 |
| 2016-06 | 117.7 | 130.7 |
| 2016-05 | 111.4 | 123.0 |
| 2016-04 | 109.5 | 120.6 |
| 2016-03 | 105.8 | 118.3 |
| 2016-02 | 104.0 | 116.1 |
| 2016-01 | 103.8 | 117.8 |
| 2015-12 | 104.5 | 118.7 |
| 2015-11 | 104.8 | 120.8 |
| 2015-10 | 106.6 | 118.6 |
| 2015-09 | 105.7 | 117.7 |
| 2015-08 | 107.7 | 120.9 |
| 2015-07 | 108.1 | 123.3 |
| 2015-06 | 107.7 | 121.3 |
| 2015-05 | 106.5 | 121.0 |
| 2015-04 | 107.2 | 125.1 |
| 2015-03 | 107.7 | 124.7 |
| 2015-02 | 110.7 | 124.1 |
| 2015-01 | 113.3 | 123.8 |
| 2014-12 | 114.4 | 119.2 |
| 2014-11 | 116.2 | 121.1 |
| 2014-10 | 117.3 | 121.0 |
| 2014-09 | 116.5 | 118.8 |
| 2014-08 | 118.9 | 117.8 |
| 2014-07 | 120.3 | 117.2 |
| 2014-06 | 121.4 | 118.3 |
| 2014-05 | 124.2 | 120.0 |
| 2014-04 | 127.1 | 122.0 |
| 2014-03 | 126.2 | 121.0 |
| 2014-02 | 119.2 | 115.2 |
| 2014-01 | 113.2 | 109.7 |
| 2013-12 | 111.9 | 107.7 |
| 2013-11 | 110.7 | 108.3 |
| 2013-10 | 110.0 | 106.9 |
| 2013-09 | 110.7 | 109.9 |
| 2013-08 | 111.9 | 111.4 |
| 2013-07 | 115.3 | 116.5 |
| 2013-06 | 116.0 | 117.0 |
| 2013-05 | 114.3 | 117.4 |
| 2013-04 | 111.2 | 114.0 |
| 2013-03 | 110.1 | 113.4 |
| 2013-02 | 107.9 | 108.6 |
| 2013-01 | 106.2 | 107.4 |
graphiqueFood raw materials
- Source: INSEE.
tableauImported raw materials (excluding energy) in euros
| Index of last month | changes (in %) | |||
|---|---|---|---|---|
| M/M-1 | M/M-3 | M/M-12 | ||
| Food total | 191.4 | 0.8 | -1.1 | 12.4 |
| Tropical foodstuffs | 284.7 | 3.8 | 8.9 | 87.2 |
| Oilseeds, vegetable oils | 159.6 | -5.9 | -6.1 | -8.0 |
| Cereals | 139.3 | -3.3 | -11.8 | -15.2 |
| Sugar | 99.9 | -6.0 | -3.8 | -24.6 |
| Meat | 171.0 | 1.4 | -7.1 | -3.6 |
| Seafood products | 145.2 | 3.8 | -1.8 | -4.6 |
| Industrial raw materials | 123.1 | -3.5 | -10.6 | 2.2 |
| Agricultural raw materials | 116.0 | 1.3 | -4.7 | 3.8 |
| Natural textile fibres | 104.9 | -2.7 | -7.4 | -13.1 |
| Natural rubber | 61.9 | 4.6 | 1.0 | 32.1 |
| Hides | 43.2 | -1.5 | -1.8 | -0.9 |
| Wood pulp | 136.4 | -0.2 | -8.4 | 8.0 |
| Tropical sawn wood | 99.9 | -1.0 | 0.5 | 0.8 |
| Sawn softwood | 209.3 | 6.6 | -2.2 | -0.9 |
| Minerals | 122.1 | -4.3 | -11.5 | 2.0 |
| Ferrous metals | 88.6 | -7.3 | -16.5 | -9.9 |
| Non-ferrous metals | 130.1 | -3.8 | -11.9 | 3.7 |
| Precious metals | 200.1 | -0.2 | 1.0 | 21.8 |
| All commodities | 154.2 | -1.0 | -5.4 | 7.9 |
- Source: INSEE.
Revisions
The price of shrimps was slightly revised from December 2023, resulting in small revisions of the aggregate indices that depend on it.
For further information
The relevant time series and a user guide are available at the bottom of this page.
Crude oil: from 1986, the price of Brent gradually established as a representative reference price of European supplies.
Natural gas: TTF (futures contracts in the Netherlands) is considered as the benchmark market in Europe.
Uranium: the price monitored is that of triuranium octaoxide (U3O8) listed on the New York Mercantile Exchange.
Energy: prices of energy are monthly averages.
Indices of non-energy raw materials imported by France: the indices calculated by INSEE are monthly averages of raw material prices, weighted by their share in the French imports of raw materials (2010 = 100).
Strategic materials for the industry: the list of strategic materials monitored is a non-exhaustive selection of raw materials with which the French industry is particularly dependent, especially with regard to the energy transition. This selection is based on the work of the French Geological and Mining Research Bureau (BRGM) on critical and strategic materials.
Next issue: 18 October 2024 at 12.00 pm.
Pour en savoir plus
The relevant time series and a user guide are available at the bottom of this page.
Crude oil: from 1986, the price of Brent gradually established as a representative reference price of European supplies.
Natural gas: TTF (futures contracts in the Netherlands) is considered as the benchmark market in Europe.
Uranium: the price monitored is that of triuranium octaoxide (U3O8) listed on the New York Mercantile Exchange.
Energy: prices of energy are monthly averages.
Indices of non-energy raw materials imported by France: the indices calculated by INSEE are monthly averages of raw material prices, weighted by their share in the French imports of raw materials (2010 = 100).
Strategic materials for the industry: the list of strategic materials monitored is a non-exhaustive selection of raw materials with which the French industry is particularly dependent, especially with regard to the energy transition. This selection is based on the work of the French Geological and Mining Research Bureau (BRGM) on critical and strategic materials.
Next issue: 18 October 2024 at 12.00 pm.