National Economic Recovery Program Update
10
6
GLOBAL COMMODITY PRICES REMAIN VOLATILE, WITH MANY HAVE BEEN IN DECLINING TREND
Supply improvement and the sentiment of slower economic activity have led to moderation trend in many commodities
Natural gas and oil prices on a declining trend, whole coal remains high due to demand shift to this commodity in many countries
Natural Gas 5dma (US$/MMBtu)
YTD
8
-16.9%
7
6
5
4
3
2
J-20
M-20
M-20
J-20
S-20
N-20
J-21
M-21
M-21
J-21
S-21
N-21
Coal 5dma (US$/Metric Ton)
150
9.05
500
440.5
YTD
411.7
400
-1.6%
300
الله
130
YTD
398.7
110
-8.9%
90
5.91
4.17
100
264.6
200
50
22
30
10
70
J-22
M-22
M-22
J-22
S-22
N-22
J-23
J-20
M-20
M-20
J-20
S-20
N-20
J-21
M-21
M-21
J-21
S-21
N-21
J-22
M-22
M-22
J-22
S-22
N-22
J-23
Brent 5dma (US$/barrel)
125.5 126.0
J-20
M-20
M-20
J-20
S-20
N-20
J-21
M-21
M-21
J-21
S-21
N-21
J-22
M-22
M-22
J-22
S-22
N-22
J-23
2100
1800
YTD
0.8%
1500
1200
900
600
Increasing demand during the festive season and weather condition still hold up food prices, particularly soybean and corn
Soybean 5dma (US$/bu.)
CPO 5dma (US$/Ton)
Wheat 5dma
Corn 5dma (US$/Bushels)
756.8
1400
1,779.7
YTD
1200
-5.7%
1000
921.8 800
727.8
600
(US$/Bushels)
1650
800
1307.0
1,551.2 1,514.2
1500
YTD
1350
-3.5%
ساله
700
YTD
-3.8%
600
1,339.7
1200
770.4
1050
300
22
M-20
J-20
S-20
N-20
J-21
M-21
M-21
J-21
S-21
N-21
J-22
M-22
M-22
J-22
S-22
N-22
J-23
400
J-20
M-20
M-20
J-20
S-20
N-20
J-21
M-21
M-21
J-21
S-21
N-21
J-22
M-22
M-22
J-22
S-22
N-22
J-23
Sources: Bloomberg, UN, Reuters data as of Thursday, 5 Jan 2023
900
750
J-20
M-20
M-20
J-20
S-20
N-20
J-21
M-21
M-21
M-21
1 Z-IN
J-21
IZ-C
S-21
IZ-S
N-21
J-22
M-22
M-22
J-22
S-22
N-22
J-23
500
400
300
589.2
W
J-20
M-20
M-20
J-20
S-20
N-20
J-21
M-21
M-21
J-21
S-21
N-21
J-22
M-22
M-22
J-22
S-22
N-22
J-23
678.8
83.9View entire presentation