Energy and raw materials costs

This page shows the trend analysis of the main energetic and raw materials costs used in the agri-food sector.

The opening dashboard offers a summary of the prices of the inputs analyzed, compared with the previous month and the same month of previous year.

For each input, a dedicated section reports the price trend on a monthly, daily and yearly basis, as well as a percentiles visualisation to compare the current price level with the recent history. You can also see the changes in current prices compared to those of one, six and twelve months ago.

Considered inputs:

Click to see the data in the following currencies:

Electricity price

Click to select a data series:



Current price level as of 2023-09-24 - in purple the average 2022.
The colored bands represent the following pecentiles: 25°, 50°, 75° and historical highs.
  Monthly data Average price
€/MWh		 Change
on prev month		 Change
on 6 months ago		 Change
on prev year
  Sep 23 (P) 98.6 +5.6% -7.0% -70.9%
  Aug 23 93.4 +8.2% -30.8% -78.1%
  Jul 23 86.3 -5.6% -32.2% -72.1%
  Jun 23 91.5 +11.8% -62.6% -57.8%
Source: ENTSOE - Processed by: CLAL
  Yearly data Average price
€/MWh		 Change
on prev year		 Average price
previous year €/MWh
  2023 01 Jan - 24 Sep 101.8 -57.4% 239.0
  2022 Complete 239.0 +130.6% 103.6
  2021 Complete 103.6 +205.1% 34.0
Source: ENTSOE - Processed by: CLAL

The prices refer to the 'Day ahead' energy market in which market participants commit to buy or sell wholesale electricity one day before the operating day. (P): Provisional. In statistics, a percentile is a score below which a given percentage of scores in its frequency distribution falls.
Data used in the percentile calculation start from 2018.

Natural Gas price

Click to select a data series:



Current price level as of 2023-09-22 - in purple the average 2022.
The colored bands represent the following pecentiles: 25°, 50°, 75° and historical highs.
  Monthly data Average price
€/MWh		 Change
on prev month		 Change
on 6 months ago		 Change
on prev year
  Sep 23 (P) 35.5 -9.0% -26.4% -80.0%
  Aug 23 39.0 +8.9% -32.0% -80.1%
  Jul 23 35.8 -8.2% -48.5% -70.1%
  Jun 23 39.0 -2.3% -67.1% -51.3%
Source: ICE - Processed by: CLAL
  Yearly data Average price
€/MWh		 Change
on prev year		 Average price
previous year €/MWh
  2023 01 Jan - 22 Sep 46.2 -56.2% 105.5
  2022 Complete 105.5 +394.1% 21.3
  2021 Complete 21.3 +49.2% 14.3
Source: ICE - Processed by: CLAL

Prices refer to the futures contracts trends for natural gas at the virtual trading point of the Title Transfer Facility (TTF), managed by Gasunie Transport Services (GTS), the operator of the transport system in the Netherlands. Future contract: Next month. (P): Provisional. In statistics, a percentile is a score below which a given percentage of scores in its frequency distribution falls.
Data used in the percentile calculation start from 2020.

Oil price



Current price level as of 2023-09-18 - in purple the average 2022.
The colored bands represent the following pecentiles: 25°, 50°, 75° and historical highs.
  Monthly data Average price
$/BBL		 Change
on prev month		 Change
on 6 months ago		 Change
on prev year
  Sep 23 (P) 92.6 +7.5% +18.1% +3.2%
  Aug 23 86.1 +7.5% +4.3% -14.2%
  Jul 23 80.1 +7.0% -2.9% -28.4%
  Jun 23 74.8 -0.8% -7.6% -39.0%
Source: EIA - Processed by: CLAL
  Yearly data Average price
$/BBL		 Change
on prev year		 Average price
previous year $/BBL
  2023 01 Jan - 18 Sep 81.4 -19.4% 100.9
  2022 Complete 100.9 +42.4% 70.8
  2021 Complete 70.8 +68.8% 42.0
Source: EIA - Processed by: CLAL

Brent is the name given to a relatively light crude oil made from a blend of crudes from 19 oil fields in the North Sea. Brent Crude is one of the three main benchmarks for crude oil prices per barrel. (P): Provisional. In statistics, a percentile is a score below which a given percentage of scores in its frequency distribution falls.
Data used in the percentile calculation start from 2010.

Lumber price



Current price level as of 2023-05-15 - in purple the average 2022.
The colored bands represent the following pecentiles: 25°, 50°, 75° and historical highs.
  Monthly data Average price
$/BF		 Change
on prev month		 Change
on 6 months ago		 Change
on prev year
  May 23 (P) 347 -10.1% -21.2% -58.9%
  Apr 23 386 -0.5% -20.1% -59.8%
  Mar 23 388 -8.9% -19.4% -68.6%
  Feb 23 426 +2.9% -20.7% -64.6%
Source: CME - Processed by: CLAL
  Yearly data Average price
$/BF		 Change
on prev year		 Average price
previous year $/BF
  2023 01 Jan - 15 May 396 -46.6% 741
  2022 Complete 741 -15.9% 881
  2021 Complete 881 +70.3% 518
Source: CME - Processed by: CLAL

Lumber (random length) price refers to futures contracts traded on the Chicago Mercantile Exchange. (P): Provisional. In statistics, a percentile is a score below which a given percentage of scores in its frequency distribution falls.
Data used in the percentile calculation start from 2016.

Aluminium price



Current price level as of 2023-09-23 - in purple the average 2022.
The colored bands represent the following pecentiles: 25°, 50°, 75° and historical highs.
  Monthly data Average price
RMB/Ton		 Change
on prev month		 Change
on 6 months ago		 Change
on prev year
  Sep 23 (P) 19520 +4.6% +5.9% +5.2%
  Aug 23 18655 +1.5% +0.6% +0.5%
  Jul 23 18372 -1.2% +0.5% +0.9%
  Jun 23 18603 +1.7% -2.2% -7.2%
Source: Sunsirs - Processed by: CLAL
  Yearly data Average price
RMB/Ton		 Change
on prev year		 Average price
previous year RMB/Ton
  2023 01 Jan - 23 Sep 18,609 -6.9% 19,980
  2022 Complete 19,980 +5.6% 18,925
  2021 Complete 18,925 +33.3% 14,193
Source: Sunsirs - Processed by: CLAL

Aluminium spot prices (remelting ingots grade A199.70) on the Chinese market. (P): Provisional. In statistics, a percentile is a score below which a given percentage of scores in its frequency distribution falls.
Data used in the percentile calculation start from 2016.

Plastic price (Polyethylene terephthalate)



Current price level as of 2023-09-23 - in purple the average 2022.
The colored bands represent the following pecentiles: 25°, 50°, 75° and historical highs.
  Monthly data Average price
RMB/Ton		 Change
on prev month		 Change
on 6 months ago		 Change
on prev year
  Sep 23 (P) 7294 -0.5% -3.5% -15.4%
  Aug 23 7334 +1.3% -2.3% -18.4%
  Jul 23 7236 -0.6% +0.6% -19.8%
  Jun 23 7277 -3.4% +1.7% -23.0%
Source: Sunsirs - Processed by: CLAL
  Yearly data Average price
RMB/Ton		 Change
on prev year		 Average price
previous year RMB/Ton
  2023 01 Jan - 23 Sep 7,378 -12.0% 8,386
  2022 Complete 8,386 +18.1% 7,099
  2021 Complete 7,099 +26.5% 5,612
Source: Sunsirs - Processed by: CLAL

PET Plastic (Polyethylene terephthalate) spot prices on the Chinese market. (P): Provisional. In statistics, a percentile is a score below which a given percentage of scores in its frequency distribution falls.
Data used in the percentile calculation start from 2016.

Glass price



Current price level as of 2023-09-23 - in purple the average 2022.
The colored bands represent the following pecentiles: 25°, 50°, 75° and historical highs.
  Monthly data Average price
RMB/m²		 Change
on prev month		 Change
on 6 months ago		 Change
on prev year
  Sep 23 (P) 23.56 +2.1% +25.2% +19.7%
  Aug 23 23.07 +7.9% +20.5% +16.4%
  Jul 23 21.38 -2.4% +11.7% +6.2%
  Jun 23 21.90 -9.8% +20.3% +0.7%
Source: Sunsirs - Processed by: CLAL
  Yearly data Average price
RMB/m²		 Change
on prev year		 Average price
previous year RMB/m²
  2023 01 Jan - 23 Sep 21.97 +0.0% 21.97
  2022 Complete 21.97 -29.3% 31.08
  2021 Complete 31.08 +47.4% 21.09
Source: Sunsirs - Processed by: CLAL

Glass spot prices on the Chinese market. (P): Provisional. In statistics, a percentile is a score below which a given percentage of scores in its frequency distribution falls.
Data used in the percentile calculation start from 2016.

Other raw materials costs

Raw materials and by-products Monthly data Change %
on Prev. Month.		 Change %
Year-Over-Year.		 Latest data
Last record
Aluminium 2 136,57 $/Ton -1,1% -12,1% August 2023
Iron 110,20 $/Ton -3,7% +1,2% August 2023
Copper 8 349,13 $/Ton -1,5% +4,6% August 2023
Metals and Brass 99,64 index -1,9% -4,0% August 2023
Plastic* 109,89 index -8,1% -37,5% June 2023
Paper/Cardboard* 139,14 index -0,2% -8,4% August 2023
Cotton 2,11 $/Kg +3,0% -22,9% August 2023
Glass* 174,34 index 0,0% - June 2023
Source:
- Paper/Cardboard, Plastic and Glass: CCIAA Milan
- Aluminium, Cotton, Iron, Metals and Brass: World Bank

* Paper/Cardboard, Plastic and Glass: Index Computed with respect to values in 2014;
* Metals: Index computed with respect to values in 2010
To see the full list of the products quoted in the Milan Chamber of Commerce Click Here

United States - Consumer Price Index


Due to extraordinary maintenance, some components of the site may not work as expected. We apologize, and invite you to report any inaccuracies.