Brasília – Commodity prices climbed marginally in October in Brazil. The Brazil Commodities Index (IC-Br) computed monthly by the Central Bank increased by 0.1% in October from September. The index was down 14.42% in the 12 months through October and down 10.71% year-to-date through October.
The IC-Br tracks the prices (in Brazilian currency) of Brazilian commodities traded in other countries. Last month, the prices of energy commodities (oil, natural gas and charcoal) rose by 6.78%, with metal commodities (aluminum, iron ore, copper, tin, zinc, lead and nickel) up 0.57%. Agriculture and livestock commodities (beef, cotton, soy oil, wheat, sugar, maize, coffee, rice and pork) slid 0.9%.
*Translated by Gabriel Pomerancblum