Base metals are nonferrous non-precious metals that are widely used in construction and manufacturing. The most common base metals include copper, lead, nickel, tin, aluminum, and zinc. Due to their wide use in industrial applications, base metals are traded on several exchanges around the world, such as the London Metals Exchange (LME) and the CME Group, which are the original sources of data on metal prices.
Natural Gas Price(US dollars per million Btu)
Guess what, does the cost of living of any country determined by simple Burger Price? But, it is interesting to see the burger price around the world.
Source:Whole Sale Price Index, published by Office of Economic Advisor, India
Crude Oil - A naturally occurring, unrefined petroleum product composed of hydrocarbon deposits. Crude Oil can be refined to produce usable products such as gasoline, diesel and various forms of petrochemicals. Oil is traded in the US Currency, a strong dollar makes it more expensive for International investors, dampening demand. "The combination of elevated stockpiles in the US and increasing production from OPEC, sluggish demand growth, and a stronger US (dollar) would continue to pressure oil prices", said Bernard Aw, market strategist at IG markets in Singapore. As we see in the current market, the crude oil has declined in this year. So, does this decline happens for longer period. We found that there will be a greater impact in the following years, where the price trend increases for the oil based on the World Bank Commodity Price Forecast Data, July 2015.
This Data brings together 1960-2012 data on fertilizer consumption in the United States by plant nutrient and major selected product, as well as consumption of mixed fertilizers, secondary nutrients, and micronutrients. Share of crop area receiving fertilizer and fertilizer use per receiving acre, by nutrient, are presented for the major producing States for corn, cotton, soybeans, and wheat. Additional data include fertilizer farm prices and indices of wholesale fertilizer price. Fertilizer price data are through 2013. Source : United States Fertilizer Use & Price, December 2014