Commodity prices increase in September 2025 led by increases of minerals, ores and metals
Year-on-year change in UNCTAD Commodity Price Index by commodity group, percentage
UN Trade and Development, UNCTADstat.
The index has been modified in September 2025 to now only take data from automated sources, leading to (in general) small changes. Please read this methodology note for more information. The tables of individual prices have been discontinued.
The UNCTAD Commodity Price Index gained 3.3% in September 2025, with a big increase in the minerals, ores and metals group (29.8%) counteracting falls in the agricultural raw materials (-9.3%), fuels (-6.8%) and the all foods (-2.4%) groups (all comparisons on a year-on-year basis).
This led to the minerals, ores and metals sub-index hitting another new high, while the fuels subindex is now around 45% of the value of its August 2022 peak (on an absolute value basis).