State of Commodities: Q3 2026
Across July 2026, August 2026, September 2026, the largest single-month rise was Crude oil, +28.5% in September 2026, and the largest fall was Silver, −11.8% in July 2026. 5 benchmark prices set a new highest monthly average in cash terms.
Month by month
| Month | Rose | Fell | Median change | Records |
|---|---|---|---|---|
| July 2026 | 14 | 28 | −0.9% | — |
| August 2026 | 27 | 14 | +1.4% | 3 |
| September 2026 | 26 | 15 | +1.2% | 2 |
By category
| Category | Average monthly change |
|---|---|
| Softs | +4.5% |
| Grains & cereals | +4.2% |
| Energy | +4.0% |
| Fibres & other raw materials | +3.0% |
| Oilseeds & vegetable oils | +2.0% |
| Timber & forest products | +0.4% |
| Metals | +0.3% |
| Fertilizers | −0.7% |
| Livestock, meat & dairy | −0.9% |
| Fruit & vegetables | −1.4% |
New records this quarter
- Fishmeal: August 2026
- Copper: August 2026
- Tin: August 2026
- Fishmeal: September 2026
- Copper: September 2026
← Q2 2026 · All quarters · Download as PDF
World Bank Pink Sheet, primary benchmark of each commodity. A month's records and category averages are the same figures published on the monthly reports; this page only regroups them by quarter. Prices are monthly averages of benchmark quotes and are not investment advice.