Unit 1: Commodity price charts

Commodity markets are rarely far from the front pages of the economics and business news coverage. The surge in world food prices in 2008 was followed by a steep fall in many prices during the recession. But rampant food price inflation is back on the economic and political agenda.

See the commodity price chartroom below - in it there is the world price of between eight to ten soft commodities ranging from sugar to wheat, from cocoa to frozen orange juice.


When you look at a particular market, you should think about some of the supply and demand factors that might explain the recent price movements.

Click on the chart to access a link to a recent BBC news video story on the commodity in question. These short video provide some visual stimulus and background to what might be happening in the market and the impact on producers and consumers in different countries.

This should be a useful resource for AS microeconomics:

Global Food Prices

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