method

Pink Sheet

The World Bank's monthly table of world commodity prices - grains, oils, sugar, fertilisers, energy - free and without registration.

Description

The Pink Sheet is a monthly compilation of world commodity prices published by the World Bank. It lists price indices and actual dollar prices for major commodities traded internationally, including grains (wheat, maize, rice), vegetable oils (palm, soybean), sugar, fertilizers (urea, phosphate), and energy products (crude oil, coal, natural gas). The data is freely accessible online without registration, making it a standard reference for economists, policymakers, and researchers tracking global market trends.

History

The Pink Sheet has been published since the 1960s, originally as an internal document on pink paper, hence its name. It became publicly available online in the 1990s as part of the World Bank's open data initiative.

How it works

The World Bank collects price quotes from major international exchanges and trade publications, then averages them into monthly figures. For each commodity, it reports both the nominal price and an index that is normalized to a base year (currently 2010 = 100). The Pink Sheet also provides sub-indices for food, beverages, and raw materials, allowing users to see how broad categories move relative to each other.

In practice

It is used by governments to assess food security risks, by financial analysts to forecast inflation, and by development agencies to evaluate the impact of price shocks on poor countries.

Fun fact

The Pink Sheet's name has nothing to do with its content—it simply refers to the color of the paper it was originally printed on.

Concept graph →

Related articles · 0

No articles yet