Brasília –Brazilian commodity prices in foreign market had a decline of 1.51% in June from May. So it shows the Brazil Commodities Index (IC-Br), calculated monthly by the Brazilian Central Bank (BC) and disclosed this Wednesday (2nd). In the 12-month period ended June, the index was up 6.65%.
The IC-Br is calculated based on the variation, in Brazilian currency, of the prices of Brazilian staple products (commodities) traded abroad. The BC keeps track of products which are relevant to consumer price dynamics in Brazil.
The fall posted in June can be mapped back to the agricultural sector (beef, cotton, soya oil, wheat, sugar, maize, coffee, rice and pork), with a decline of 2.6%.
The commodity prices of the energy sector (oil, natural gas and coal) were up 1.36%, and metals (aluminium, iron ore, copper, tin, zinc, lead and nickel), 0.87%.
The International Commodity Price Index (CRB), calculated by the Commodity Research Bureau, posted a decline of 0.39% in June and an increase of 7.54% in the 12-month period.
*Translated by Rodrigo Mendonça
