World Bank2015-02-262015-02-262009-09-01https://hdl.handle.net/10986/21550A companion to Global Development Finance 2009. The slowing of global growth, which preceded the financial crisis by several months, prompted commodity prices to start falling in mid-2008. The eruption of the full-blown crisis and the rapid drop-off in economic activity since September of that year accelerated this process markedly. Demand for most commodities (notably, in high-income industries and in China) slowed or declined, particularly for oil and metals. By December 2008, crude oil prices had dropped to $41 a barrel, down more than 70 percent from the July peaks, while non-energy prices, including food,had declined by nearly 40 percent. Since December, prices have firmed, with crude oil prices up to $69 on average in June 2009, and prices for foods and metals up 22 and 13 percent, respectively.en-USCC BY 3.0 IGOAGRICULTURAL COMMODITIESAGRICULTURAL MARKETSAGRICULTURAL PRICESAGRICULTURAL PRODUCTSAGRICULTUREALUMINUM PRICESAUCTIONSBANANASBARLEYBARRELS PER DAYBARSBEEFBEVERAGESBIRDSBORDER PRICEBRANDSCANE PRODUCTIONCEREALSCOALCOCOACOCOA BEANSCOCOA PRICECOCONUTCOCONUT OILCOFFEECOFFEE PRICESCOMMERCECOMMODITYCOMMODITY PRICECOMMODITY PRICE PROJECTIONSCOMMODITY PRICESCOPPER PRICESCOPRACOTTONCOTTON PRICECOTTON PRODUCTIONCROPCRUDE OILCRUDE OIL PRICEDEMAND GROWTHEDIBLE OILSENERGY COSTSENERGY EFFICIENCYENERGY PRICEENERGY PRICESETHANOLETHANOL INDUSTRYETHANOL PLANTSETHANOL PRODUCERETHANOL PRODUCTIONEXPENDITURESFARMERSFATSFEEDSTOCKFERTILIZERFERTILIZERSFISHERIESFISHMEALFOOD CROPSFOOD SECURITYFOOD SUPPLIESFOODSFOSSILFOSSIL FUELSFUELGOLD PRICESGRAINGRAINSGROSS DOMESTIC PRODUCTGROUNDNUTGROUNDNUT OILHARVESTSHYDRO POWERHYDROCARBONINFLATIONINFRASTRUCTURE INVESTMENTSINVENTORIESINVENTORYLNGMAIZEMAIZE PRODUCTIONMARKET CONDITIONSMARKETINGMEATNATURAL GASNATURAL RUBBEROILOIL COMPANIESOIL DEMANDOIL EXPORTERSOIL OUTPUTOIL PALMOIL PRICESOIL PRODUCERSOIL PRODUCTIONOIL RIGSOIL USEOILSORANGESPALM OILPALM OIL PRICESPETROLEUMPETROLEUM EXPORTING COUNTRIESPIPELINEPLYWOODPOPULATION GROWTHPOTASSIUMPOWERPOWER PRICESPRICE FORECASTPRICE INCREASEPRICE INCREASESPRICE INDEXPRICE INDICESPRICE PROJECTIONSPROTEINPURCHASINGRAPESEEDRAPESEED OILRAW MATERIALSREFININGRENEWABLE FUELRICE PRICERICE PRICESRICE PRODUCTIONRUBBER PRICESSALESALESSCRAPSEEDSSMELTINGSORGHUMSOYBEANSOYBEAN MEALSOYBEAN OILSOYBEAN PRICESSOYBEANSSPOT PRICESPRINGSTEELSTEEL PRODUCTSSTOCKSSUBSTITUTESUGARSUGAR CANESULFURSUPPLIERSUPPLIERSSURPLUSSYNTHETIC RUBBERTEATEA MARKETSTEA PRICESTHIN MARKETTOBACCOTROPICAL TIMBERVEGETABLE OILSWFPWHEATWHEAT PRICESWHEAT TRADEWHOLESALE PRICEWIREWORLD FOOD PROGRAMMEWORLD MARKETWORLD OIL CONSUMPTIONYIELDS10.1596/21550