Global Commodity Prices: Monthly Data (1960-2022)
World Commodity Prices Dataset: Monthly Prices of Select Commodities (1960-2022)
@kaggle.utkarshx27_select_world_bank_commodity_price_data
About this Dataset
Global Commodity Prices: Monthly Data (1960-2022)
➡️A data set on select, monthly commodity prices made available by the World Bank in its so-called "pink sheet." These data are potentially useful for applications on data gathering, inflation adjustments, indexing, cointegration, general economic riff-raff, and more.
| Column | Description |
|---|---|
| date | a date |
| oil_brent | crude oil, UK Brent 38' API ($/bbl) |
| oil_dubai | crude oil, Dubai Fateh 32 API for years 1985-present; 1960-84 refer to Saudi Arabian Light, 34' API ($/bbl). |
| coffee_arabica | coffee (ICO), International Coffee Organization indicator price, other mild Arabicas, average New York and Bremen/Hamburg markets, ex-dock ($/kg) |
| coffee_robustas | coffee (ICO), International Coffee Organization indicator price, Robustas, average New York and Le Havre/Marseilles markets, ex-dock ($/kg) |
| tea_columbo | tea (Colombo auctions), Sri Lankan origin, all tea, arithmetic average of weekly quotes ($/kg). |
| tea_kolkata | tea (Kolkata auctions), leaf, include excise duty, arithmetic average of weekly quotes ($/kg). |
| tea_mombasa | tea (Mombasa/Nairobi auctions), African origin, all tea, arithmetic average of weekly quotes ($/kg). |
| sugar_eu | sugar (EU), European Union negotiated import price for raw unpackaged sugar from African, Caribbean and Pacific (ACP) under Lome Conventions, c.I.f. European ports ($/kg) |
| sugar_us | sugar (United States), nearby futures contract, c.i.f. ($/kg) |
| sugar_world | sugar (World), International Sugar Agreement (ISA) daily price, raw, f.o.b. and stowed at greater Caribbean ports ($/kg). |
Details
All data are in nominal USD. Adjust (to taste) accordingly.
Data compiled by the World Bank for its historical data on commodity prices. The oil price data come from a combination of sources, supposedly Bloomberg, Energy Intelligence Group (EIG), Organization of Petroleum Exporting Countries (OPEC), and the World Bank. Data on coffee prices come from Bloomberg, Complete Coffee Coverage, the International Coffee Organization, Thomson Reuters Datastream, and the World Bank. Data on tea prices for Colombo auctions come the from International Tea Committee, Tea Broker's Association of London, Tea Exporters Association Sri Lanka, and the World Bank. Data on tea prices for Kolkata auctions come from the International Tea Committee, Tea Board India, Tea Broker's Association of London, and the World Bank. Tea prices for Mombasa/Nairobi auctions come from African Tea Brokers Limited, International Tea Committee, Tea Broker's Association of London, and the World Bank. EU sugar price data come from International Monetary Fund, World Bank. Sugar price data for the United States come from Bloomberg and World Bank. Global sugar price data come from Bloomberg, International Sugar Organization, Thomson Reuters Datastream, and the World Bank.
This data set effectively deprecates the sugar_price and coffee_price data sets in this package. Both may be removed at a later point.