Table A2:  Commodity Prices and Price Forecast in Constant 2000 Dollars
			Actual						Forecast
Commodity		Unit	1970	1980	1990	2000	2010		2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
Energy
Coal, Australia		$/mt	27.0	49.5	38.5	26.3	82.1		98.2	92.4	83.6	78.8	74.1	69.4	70.1	70.8	71.6	72.3
Crude oil, average		$/bbl	4.2	45.5	22.2	28.2	65.5		82.7	81.2	79.4	77.5	75.8	74.0	72.3	70.7	69.1	68.3
Natural gas, Europe		$/mmbtu	1.5	5.2	2.7	3.9	6.9		8.1	8.1	7.9	7.8	7.7	7.5	7.4	7.3	7.2	7.1
Natural gas, US		$/mmbtu	0.6	2.0	1.7	4.3	3.6		3.8	4.6	4.8	5.0	5.2	5.4	5.6	5.8	6.0	6.2
LNG, Japan		$/mmbtu	n.a.	7.0	3.5	4.7	9.0		10.0	9.9	9.7	9.4	9.2	9.0	8.9	8.8	8.6	8.5
Non-Energy Commodities
Agriculture
Food
Beverages
Cocoa		¢/kg	234	321	123	91	260		256	229	211	201	192	187	183	178	174	170
Coffee, arabica		¢/kg	397	427	192	192	358		384	352	335	307	288	277	267	257	247	238
Coffee, robusta		¢/kg	316	400	115	91	144		171	158	150	145	139	137	135	132	130	128
Tea, auctions (3) average		¢/kg	289	205	200	188	239		242	247	241	236	231	227	222	217	213	208
Fats and oils
Coconut oil		$/mt	1 376	831	327	450	932		1 281	880	836	788	741	725	709	693	678	663
Groundnut oil		$/mt	1 311	1 059	936	714	1 164		1 281	1 233	1 215	1 183	1 155	1 127	1 099	1 072	1 046	1 020
Palm oil		$/mt	901	720	282	310	747		897	792	748	710	697	678	660	642	625	608
Soybean meal		$/mt	355	324	195	189	314		342	308	291	272	269	267	265	263	261	259
Soybean oil		$/mt	992	737	435	338	833		939	792	762	749	741	728	716	704	692	680
Soybeans		$/mt	405	365	240	212	373		427	396	352	346	340	336	331	327	323	319
Grains
Barley		$/mt	n.a.	96	78	77	131		151	144	137	133	134	134	135	135	135	135
Maize		$/mt	202	154	106	89	154		179	167	158	150	150	149	148	147	146	145
Rice, Thailand, 5%		$/mt	438	506	263	202	405		427	423	418	412	410	404	399	393	388	383
Wheat, US, HRW		$/mt	190	213	132	114	185		213	198	176	173	170	168	167	165	163	162
Other food
Bananas, US		$/mt	575	465	526	424	720		769	748	704	675	654	647	640	634	627	621
Meat, beef		¢/kg	452	340	249	193	278		350	277	255	254	253	253	254	254	255	255
Meat, chicken		¢/kg	n.a.	85	105	131	157		164	171	173	174	173	172	172	171	171	170
Oranges		$/mt	582	493	516	363	857		777	801	801	797	793	788	782	776	771	765
Shrimp		¢/kg	n.a.	1 420	1 039	1 515	833		1 059	1 059	1 028	993	959	958	958	957	957	956
Sugar, world		¢/kg	28.5	77.9	26.9	18.0	38.9		42.7	35.2	31.7	30.7	29.6	29.8	30.0	30.2	30.4	30.6
Agricultural raw materials
Timber
Logs, Cameroon		$/cum	149	310	334	275	355		444	449	440	429	418	425	431	437	444	451
Logs, Malaysia		$/cum	149	241	172	190	231		320	299	283	266	261	265	269	273	277	281
Sawnwood, Malaysia		$/cum	608	489	518	595	703		867	858	835	809	793	804	816	827	838	850
Other raw materials
Cotton		¢/kg	234	254	177	130	189		256	220	176	158	148	146	143	141	138	136
Rubber, Asia		¢/kg	141	176	84	67	303		367	264	158	219	209	205	200	196	191	187
Tobacco		$/mt	3 727	2 806	3 297	2 976	3 570		3 587	3 594	3 494	3 379	3 269	3 208	3 148	3 090	3 032	2 976
Fertilizers
DAP		$/mt	187	274	167	154	415		470	423	396	377	370	368	365	362	360	357
Phosphate rock		$/mt	38	58	39	44	102		128	128	123	114	105	102	100	98	96	94
Pottasium chloride		$/mt	109	143	95	123	275		299	264	247	241	235	231	226	221	217	213
TSP		$/mt	147	222	128	138	317		342	335	308	302	296	291	286	282	277	272
Urea		$/mt	63	237	116	101	239		282	247	238	228	218	215	212	209	207	204
Metals and Minerals
Aluminum		$/mt	2 128	2 188	1 593	1 549	1 802		2 114	2 201	2 223	2 234	2 245	2 255	2 265	2 276	2 286	2 296
Copper		$/mt	4 904	2 690	2 586	1 813	6 248		8 113	7 924	7 043	6 132	5 230	4 770	4 790	4 809	4 828	4 846
		$/lb	2.22	1.22	1.17	0.82	2.83	#	3.68	3.59	3.19	2.78	2.37	2.16	2.17	2.18	2.19	2.20
Gold		$/toz	125	749	373	279	1 016		1 153	1 145	1 056	964	872	781	798	816	833	850
Iron ore		¢/dmtu	34.1	34.6	31.6	28.8	121.0		136.6	132.1	114.5	96.4	78.4	69.4	71.2	73.0	74.8	76.5
Lead		¢/kg	105	112	79	45	178		213	225	216	197	179	169	170	172	173	174
Nickel		$/mt	9 860	8 037	8 614	8 638	18 084		20 496	19 369	17 608	16 644	15 690	15 178	15 211	15 242	15 273	15 303
Silver		c/toz	609	2 544	468	500	1 675		2 348	2 201	1 981	1 752	1 525	1 301	1 316	1 331	1 346	1 360
Tin		¢/kg	1 273	2 068	591	544	1 692		2 391	2 641	2 421	2 190	1 961	1 735	1 748	1 760	1 773	1 785
Zinc		¢/kg	102	94	147	113	179		192	220	211	193	174	165	166	167	169	170
n.a. = Not available.
Note:  Projections as of March 23, 2011.
Source:  World Bank, Economic Policy and  Prospects Group.