2026-10-28 · 1 statements · 1 actors
World Bank commodity price forecasts for 2026-2027
The World Bank published forecasts for commodity prices, oil supply and demand, and metals, along with financing support for affected countries.
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World Bank
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Commodity Prices Set to Increase by 23% in 2026 as Global Shocks Mount
2026-10-28 · org · one of several topics in this statement
The World Bank forecasts overall commodity prices to rise 23% in 2026 before falling 7% in 2027, with energy prices up 32% in 2026 and food prices up a cumulative 18% over 2026-27. It attributes these to the Middle East conflict, disrupted grain shipments and El Niño, and assumes no major intensification of conflict in its baseline.
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Commodity Prices Set to Increase by 23% in 2026 as Global Shocks Mount
2026-10-28 · org · one of several topics in this statement
The World Bank Group says it has made $50 billion to $60 billion available through existing instruments, including $25 billion in pre-arranged financing, to support social safety nets, fiscal capacity and firms and farms, and is scaling up its ability to mobilize private capital.
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Commodity Prices Set to Increase by 23% in 2026 as Global Shocks Mount
2026-10-28 · org · one of several topics in this statement
The World Bank projects global oil supply to fall 5.2% and consumption to fall 2.5% in 2026, with production remaining below consumption and stocks being drawn down.
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Commodity Prices Set to Increase by 23% in 2026 as Global Shocks Mount
2026-10-28 · org · one of several topics in this statement
The World Bank forecasts metals prices to rise 25% in 2026 to a new high and precious metals prices to rise 40%, attributing these to renewable energy, electric vehicle and data center demand, supply disruptions and safe-haven demand.