Commodities Price Data 2010 2011 2011 Commodity Unit 2009 2010 2011 Q3 Q4 Q1 Q2 Q3 Sep Oct Nov Energy Coal, Australia a/ $/mt 71.84 98.97 121.96 93.55 107.63 128.99 120.00 120.61 122.55 118.99 113.80 Crude oil, avg, spot a/ $/bbl 61.76 79.04 103.99 75.51 85.42 99.75 110.05 103.07 100.82 99.85 105.41 Crude oil, Brent a/ $/bbl 61.86 79.64 111.22 76.41 86.79 104.90 117.10 112.47 110.88 109.47 110.50 Crude oil, Dubai a/ $/bbl 61.75 78.06 106.02 74.04 84.37 100.40 110.56 107.01 106.00 103.67 108.59 Crude oil, West Texas Int. a/ $/bbl 61.65 79.43 94.74 76.08 85.09 93.95 102.50 89.73 85.58 86.41 97.12 Natural gas Index a/ 2000=100 153.47 156.11 177.75 155.07 151.58 165.48 179.09 185.88 182.64 184.50 179.41 Natural gas, Europe a/ $/mmbtu 8.71 8.29 10.42 8.26 8.54 9.45 10.31 10.88 10.85 11.42 11.32 Natural gas, US a/ $/mmbtu 3.95 4.39 4.07 4.28 3.80 4.18 4.37 4.12 3.90 3.57 3.24 Natural gas LNG, Japan a/ $/mmbtu 8.94 10.85 14.47 11.22 10.91 11.99 13.71 16.35 16.27 16.50 16.50 Non Energy Commodities Agriculture Beverages Cocoa b/c/kg 288.9 313.3 305.1 305.9 296.6 334.3 307.4 303.5 287.4 268.0 252.7 Coffee, Arabica b/c/kg 317.1 432.0 604.5 468.5 513.9 620.0 636.5 597.7 606.0 546.3 540.3 Coffee, robusta b/c/kg 164.4 173.6 242.9 183.2 199.4 241.5 262.6 243.1 233.8 216.3 214.4 Tea, auctions (3), avg b/c/kg 272.4 288.5 294.1 295.1 303.5 288.7 299.7 300.3 288.7 290.3 278.8 Tea, Colombo auctions b/c/kg 313.7 329.0 327.8 322.1 342.4 356.3 319.7 313.0 313.8 323.4 315.5 Tea, Kolkata auctions b/c/kg 251.5 280.5 281.7 320.6 311.7 229.2 313.0 312.8 285.6 278.3 255.2 Tea, Mombasa auctions b/c/kg 252.0 256.0 272.9 242.7 256.3 280.6 266.3 275.3 266.8 269.2 265.8 Food Fats and Oils Coconut oil b/$/mt 725 1,124 1,756 1,159 1,546 2,073 1,996 1,474 1,305 1,208 1,479 Copra $/mt 480 750 1,175 769 1,038 1,379 1,342 991 867 804 980 Groundnut oil b/$/mt 1,184 1,404 1,959 1,301 1,604 1,723 1,830 2,142 n.a. n.a. 2,225 Palm oil b/$/mt 683 901 1,134 875 1,108 1,251 1,147 1,079 1,065 994 1,053 Palmkernel oil $/mt 700 1,184 1,674 1,161 1,619 2,131 1,874 1,338 1,268 1,085 1,298 Soybean meal b/$/mt 408 378 403 378 424 437 400 399 395 374 354 Soybean oil b/$/mt 849 1,005 1,308 984 1,242 1,349 1,311 1,324 1,305 1,220 1,217 Soybeans b/$/mt 437 450 547 452 522 565 557 553 543 503 486 Grains Barley b/$/mt 128.3 158.4 206.7 161.9 181.1 198.1 209.5 210.4 209.6 208.8 211.5 Maize b/$/mt 165.5 185.9 294.7 181.7 241.5 282.8 312.6 302.1 295.3 274.8 274.4 Rice, Thailand, 5% b/$/mt 555.0 488.9 539.1 457.0 510.8 511.2 493.1 567.7 598.8 599.4 614.3 Rice, Thailand, 25% $/mt 458.1 441.5 500.7 418.5 471.4 465.4 456.8 532.0 555.5 560.2 584.7 Rice,Thai, A.1 $/mt 326.4 383.7 450.9 376.9 423.1 411.3 419.2 476.2 514.0 489.0 550.7 Rice, Vietnam 5% $/mt n.a. 428.8 514.7 411.1 504.7 479.8 479.7 544.8 561.4 580.5 568.7 Sorghum $/mt 151.1 165.4 269.9 153.6 208.6 255.2 270.5 287.5 288.8 263.7 265.4 Wheat, Canada $/mt 300.5 312.4 443.8 326.1 383.6 449.0 474.6 429.8 408.7 414.1 407.7 Wheat, US, HRW b/$/mt 224.1 223.6 320.6 237.9 283.6 330.5 339.3 315.6 315.9 289.0 281.0 Wheat, US SRW $/mt 186.0 229.7 289.7 253.4 284.9 320.8 301.9 270.5 267.5 253.5 253.2 Other Food Bananas, EU $/mt 1,145 1,002 1,142 933 1,033 1,251 1,250 1,030 991 992 971 Bananas, US b/$/mt 847 868 970 922 909 964 1,004 953 947 954 956 Fishmeal $/mt 1,230 1,688 1,558 1,663 1,613 1,740 1,648 1,426 1,353 1,359 1,339 Meat, beef b/c/kg 264 335 403 331 353 410 406 394 387 386 416 Meat, chicken b/c/kg 188.8 189.2 192.1 193.6 189.3 188.2 191.0 194.3 196.2 196.2 196.7 Meat, sheep c/kg 427.6 531.4 664.2 572.5 618.7 637.1 668.5 686.5 669.2 666.3 663.6 Oranges b/$/mt 909 1,033 906 1,163 878 824 878 1,038 1,195 1,033 717 Shrimp, Mexico b/c/kg 945 1,004 1,204 n.a. 1,222 ##### 1,244 1,198 1,141 1,102 1,083 Sugar, EU domestic b/c/kg 52.44 44.18 45.69 43.29 44.38 44.69 47.02 46.13 44.91 44.82 44.26 Sugar, US domestic b/c/kg 54.88 79.25 84.29 78.20 84.86 86.56 80.28 86.72 88.53 82.84 83.61 Sugar, world b/c/kg 40.00 46.93 57.91 42.98 58.01 62.70 52.56 60.72 58.78 56.11 52.95 continued on next page Commodity Markets Review -9 December 2011 3 Commodities Price Data 2010 2011 2011 Commodity Unit 2009 2010 2011 Q3 Q4 Q1 Q2 Q3 Sep Oct Nov Raw Materials Timber Logs, Cameroon $/cum 421.5 428.6 501.9 426.3 448.5 451.6 489.6 515.1 500.4 575.7 576.7 Logs, Malaysia b/$/cum 287.2 278.2 390.8 293.5 312.1 326.2 382.1 444.7 453.6 435.9 403.3 Plywood c/sheets 564.6 569.1 606.9 572.3 580.5 588.5 603.2 621.0 631.1 619.9 617.5 Sawnwood, Cameroon $/cum 748.9 812.7 832.3 811.8 847.8 833.1 872.2 823.1 797.2 798.5 771.4 Sawnwood, Malaysia b/$/cum 805.5 848.3 944.1 879.8 892.9 921.6 959.2 965.2 952.7 954.2 892.8 Woodpulp $/mt 614.6 866.8 912.2 912.9 897.8 891.5 942.0 930.5 900.2 870.9 870.9 Other Raw Materials Cotton A Index b/c/kg 138.2 228.3 344.0 205.2 330.1 456.9 386.7 259.4 257.6 243.9 230.8 Rubber, RSS3 b/c/kg 192.1 365.4 495.4 337.5 432.8 573.2 530.1 465.3 455.2 406.1 337.2 Rubber, TSR20 c/kg 180.0 338.1 462.6 314.4 425.9 525.1 467.3 456.5 451.6 408.5 333.0 Fertilizers DAP b/$/mt 323.1 500.7 622.9 494.1 585.6 601.7 617.3 650.8 642.5 630.9 611.3 Phosphate rock b/$/mt 121.7 123.0 183.3 125.0 140.0 158.3 182.5 197.5 197.5 198.8 202.5 Potassium chloride b/$/mt 630.4 331.9 431.7 334.2 343.2 374.2 422.7 471.3 470.0 470.0 474.0 TSP b/$/mt 257.4 381.9 539.0 389.6 463.8 486.3 544.2 558.3 560.0 592.5 570.0 Urea, E. Europe, bulk b/$/mt 249.6 288.6 427.1 279.2 357.0 353.4 407.9 485.4 503.8 487.1 470.9 Metals and Minerals Aluminum b/$/mt 1,665 2,173 2,436 2,090 2,343 2,501 2,611 2,399 2,293 2,181 2,080 Copper b/$/mt 5,150 7,535 8,943 7,243 8,637 9,642 9,173 8,984 8,300 7,394 7,581 Gold $/toz 973 1,225 1,562 1,227 1,367 1,384 1,507 1,700 1,771 1,665 1,738 Iron ore, contract, fob Brazil b/¢/dmtu 101.0 n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. Iron ore, spot, cfr China $/dmt 80.0 145.9 170.6 137.4 155.9 178.6 175.8 175.9 177.2 150.4 135.5 Lead b/c/kg 171.9 214.8 243.5 203.2 239.0 260.4 255.1 245.5 228.8 196.0 199.4 Nickel b/$/mt 14,655 21,809 23,333 21,191 23,609 26,870 24,355 22,024 20,378 19,039 17,873 Silver c/toz 1,469 2,020 3,572 1,901 2,647 3,179 3,857 3,885 3,813 3,206 3,327 Steel products index c/ 2000=100 227.1 229.7 265.5 232.4 233.9 250.5 272.8 271.4 271.4 271.4 264.6 Steel cr coilsheet c/ $/mt 783 816 891 850 850 867 900 900 900 900 900 Steel hr coilsheet c/ $/mt 683 716 791 750 750 767 800 800 800 800 800 Steel, rebar c/ $/mt 486 563 629 533 550 600 640 640 640 640 640 Steel wire rod c/ $/mt 969 712 759 678 653 684 782 790 790 790 790 Tin b/c/kg 1,357 2,041 2,666 2,055 2,601 2,986 2,885 2,466 2,253 2,187 2,129 Zinc b/c/kg 165.5 216.1 222.0 201.3 231.5 239.3 225.5 222.4 207.5 187.1 193.5 World Bank commodity price indices for low and middle income countries( 2000 =100) Energy 214.3 271.2 352.3 259.5 291.3 339.5 370.3 350.2 343.5 340.1 355.3 Non Energy Commodities 208.8 266.5 324.0 260.1 302.0 339.7 331.7 324.5 317.1 293.1 283.5 Agriculture 197.8 231.3 286.1 228.6 264.7 300.4 291.8 283.8 281.3 264.9 254.7 Beverages 219.9 253.8 290.7 259.2 266.4 304.8 300.2 289.3 282.2 261.5 252.8 Food 205.1 224.1 277.2 222.0 260.4 284.9 277.8 278.9 277.9 263.2 261.0 Fats and Oils 216.2 244.4 300.1 241.1 292.1 321.0 303.2 294.2 289.5 271.2 273.9 Grains 214.9 215.8 297.3 212.5 259.1 289.4 302.9 304.0 305.5 290.2 290.6 Other Food 181.6 204.9 229.0 205.3 219.7 233.2 221.7 236.0 237.5 228.4 217.3 Raw Materials 168.7 237.5 305.6 229.2 274.4 335.9 321.5 292.9 289.2 270.8 240.4 Timber 138.9 143.5 169.1 149.4 153.3 158.7 170.1 178.2 177.5 175.7 163.8 Other Raw Materials 201.4 340.3 454.9 316.5 406.9 529.6 487.0 418.3 411.4 374.8 324.1 Fertilizers 293.0 280.0 401.0 278.5 329.3 343.5 392.2 439.8 447.4 446.2 438.1 Metals and Minerals d/ 221.9 337.2 393.0 322.5 375.4 419.9 406.6 394.8 375.8 333.5 325.0 Base Metals e/ 208.9 297.8 346.5 286.5 336.8 373.4 359.2 344.5 320.0 289.6 291.2 a/ Included in the energy index (2000=100) b/ Included in the non-energy index (2000=100) c/ Steel not included in the non-energy index d/ base metals plus iron ore e/ Includes aluminum, copper, lead, nickel, tin and zinc $ = US dollar ¢ = US cent bbl = barrel cum = cubic meter dmtu = Dry Metric Ton Unit kg = kilogram mmbtu = million British thermal units mt = metric ton toz = troy oz n.a. = not available n.q. = no quotation Commodity Markets Review -9 December 2011 4