State of Commodities: Q2 2026
Across April 2026, May 2026, June 2026, the largest single-month rise was Cocoa, +22.4% in May 2026, and the largest fall was Urea, −41.2% in June 2026. 9 benchmark prices set a new highest monthly average in cash terms.
Month by month
| Month | Rose | Fell | Median change | Records |
|---|---|---|---|---|
| April 2026 | 28 | 12 | +1.5% | 3 |
| May 2026 | 28 | 13 | +2.2% | 4 |
| June 2026 | 14 | 28 | −1.6% | 2 |
By category
| Category | Average monthly change |
|---|---|
| Fibres & other raw materials | +4.5% |
| Grains & cereals | +2.7% |
| Softs | +2.1% |
| Livestock, meat & dairy | +1.3% |
| Timber & forest products | −0.2% |
| Metals | −0.2% |
| Fertilizers | −0.5% |
| Oilseeds & vegetable oils | −0.8% |
| Energy | −1.2% |
| Fruit & vegetables | −3.0% |
New records this quarter
- Aluminum: April 2026
- Fishmeal: April 2026
- Palm kernel oil: April 2026
- Tin: May 2026
- Fishmeal: May 2026
- Copper: May 2026
- Aluminum: May 2026
- Fishmeal: June 2026
- Copper: June 2026
← Q1 2026 · Q3 2026 → · All quarters · Download as PDF
World Bank Pink Sheet, primary benchmark of each commodity. A month's records and category averages are the same figures published on the monthly reports; this page only regroups them by quarter. Prices are monthly averages of benchmark quotes and are not investment advice.