Commodity prices in June 2026: the biggest changes
In June 2026, 14 of 43 benchmark prices rose and 28 fell, with 1 unchanged; the median change was −1.6%. Rice rose most, +12.3%: largest one-month rise since December 2025, the 3rd rise in a row. Urea fell most, −41.2%. 2 prices set a record in cash terms: fishmeal, copper.
Biggest gains
| Commodity | Price | Month | 12 months | How unusual |
|---|---|---|---|---|
| Rice | $494/t | +12.3% | +18% | Largest one-month rise since December 2025, the 3rd rise in a row |
| Natural gas | $3.15/MMBtu | +7.5% | +4% | Largest one-month rise since January 2026 |
| Cocoa | $4.4/kg | +5.8% | −48% | Largest one-month rise since May 2026, the 3rd rise in a row |
| Bananas | $1.18/kg | +5.4% | +28% | Largest one-month rise since October 2025 |
| Fishmeal | $2,145/t | +4.9% | +27% | Largest one-month rise since May 2026, the 3rd rise in a row |
| Phosphate rock | $156.9/t | +2.9% | +3% | Largest one-month rise since March 2023 |
| Lamb | $7.47/kg | +2.6% | +17% | Largest one-month rise since April 2026, the 4th rise in a row |
| Canola | $1,522/t | +2.3% | +22% | Largest one-month rise since May 2026, the 5th rise in a row |
Biggest falls
| Commodity | Price | Month | 12 months | How unusual |
|---|---|---|---|---|
| Urea | $453.1/t | −41.2% | +8% | Largest one-month fall since November 2008 |
| Crude oil | $85.4/bbl | −20.6% | +19% | Largest one-month fall since April 2020 |
| Silver | $66.7/troy oz | −14.5% | +85% | Largest one-month fall since March 2020 |
| Platinum | $1,726/troy oz | −13.6% | +38% | Largest one-month fall since March 2020, the 5th fall in a row |
| Oranges | $0.82/kg | −10.9% | −40% | Largest one-month fall since February 2026, the 3rd fall in a row |
| Palm kernel oil | $2,166/t | −10.3% | +16% | Largest one-month fall since October 2022 |
| Coconut oil | $1,979/t | −8.9% | −27% | Largest one-month fall since October 2022, the 3rd fall in a row |
| Corn | $197.1/t | −8.8% | +1% | Largest one-month fall since August 2023 |
New records
These prices reached their highest monthly average in the series in June 2026, in cash terms: fishmeal ($2,145/t), copper ($13,552/t). A cash record is not the same as a record after inflation; the real-prices report shows every price against its inflation-adjusted peak.
Long runs
Prices that have now moved in the same direction for four or more months in a row: natural rubber, 7 rises (+1.8% in June 2026); sunflower oil, 6 rises (+0.3% in June 2026); platinum, 5 falls (−13.6% in June 2026); canola, 5 rises (+2.3% in June 2026); phosphate fertilizers, 5 rises (+1.9% in June 2026); gold, 4 falls (−7.8% in June 2026); lamb, 4 rises (+2.6% in June 2026).
By category
| Category | Average change | Prices |
|---|---|---|
| Grains & cereals | −0.7% | 3 |
| Softs | −0.8% | 5 |
| Timber & forest products | −1.4% | 3 |
| Fibres & other raw materials | −2.3% | 2 |
| Fruit & vegetables | −2.8% | 2 |
| Livestock, meat & dairy | −2.8% | 3 |
| Oilseeds & vegetable oils | −3.0% | 7 |
| Energy | −4.0% | 3 |
| Metals | −5.7% | 10 |
| Fertilizers | −9.3% | 4 |
Biggest changes over twelve months
| Commodity | Price | 12 months | This month |
|---|---|---|---|
| Silver | $66.7/troy oz | +85% | −14.5% |
| Tin | $53,037/t | +63% | −1.0% |
| Cocoa | $4.4/kg | −48% | +5.8% |
| Natural rubber | $2.25/kg | +40% | +1.8% |
| Oranges | $0.82/kg | −40% | −10.9% |
| Platinum | $1,726/troy oz | +38% | −13.6% |
| Copper | $13,552/t | +38% | +0.1% |
| Aluminum | $3,439/t | +36% | −6.2% |
See also every benchmark price, the pattern reports, and the price movers feed. Data: monthly.json.