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Commodity Price Monitor - RBC

Commodity Price Monitor | JULY 2018 Commodity Price Monitor | June 2018. RBC Commodity Price index Commodity Price Monitor . January 1994 = 100 August 17, 2018. 400. 350 Commodity Price index fell in July 300 The RBC Commodity Price index fell in July matching June's decline. The July decline was due to widespread weakness across sub-indices. The 250. forest products sub-index fell and provided the greatest downward pres- 200 sure on the overall index. Despite the monthly weakness, the overall index 150 was higher than a year earlier. Similarly, the index ex-energy fell in July but stood higher than a year ago. 100. 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018. The energy products sub-index rose in July to completely reverse Monthly average Source: RBC Economics Research June's drop. Supply side disruption risks were likely partially re- sponsible for higher crude oil prices in Despite hotter-than-normal Index excluding energy product prices July weather, natural gas prices fell The energy products sub-index January 1994 = 100.

ECONOMICS | RESEARCH 2 COMMODITY PRICE MONITOR | June 2018 RBC commodity price sub-indices 2015 2016 2017 Q4-17 Q1-18 Q2-18 Apr-18 May-18 Jun-18 Indices RBC commodity price index 180.7 172.8 …


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