Over the past month, the FAO Food Price Index has edged down 0.91% to Index 370 across dairy, sugar, meat and vegetable oils but is still 5% higher compared to December 2024. In contrast, aluminum, copper, brass and silver stand very strong, reflecting steady industrial demand whereas the energy prices have faced downward pressure due to economic uncertainty in key markets, unstable demand and oversupply concerns.
This Market and Business Update intends to give you an indication of the expected price development of the most important commodities within provisions and stores, freight rates, supply chain obstacles and challenges in major ports.