The most expensive goods in the world in August are named

Robusta and Arabica coffees showed the largest price increases among global commodities in August, while lumber and copper lost the most in price. This follows from an analysis of data from ICE Futures, CME Group and the Shanghai Metal Exchange conducted by RIA Novosti.

The cost of robusta increased 1.5 times in a month, Arabica — by 29%. Sugar on the London stock exchange and soybeans on the American market also increased in price, rising by 4.9%. Among metals, the largest increase was shown by neodymium, used for the production of magnets, which rose in price by 20% in a month. Lithium rose in price by 9.2%, and molybdenum — by 7.7%.

At the same time, energy prices decreased: gasoline on the New York Mercantile Exchange fell by 13.2%, WTI oil — by 8.5%, Brent — by 8%. Among other goods, lumber fell the most by 19.2%, copper by 18.3%, and orange juice lost 13.7% of its value.

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Earlier, on June 25, Kirill Seleznev, an expert on the Garda Capital stock market, reported that coffee prices in the world could decrease by 10-20% by the end of the year. According to him, the key reason for the reduction in the cost of the product was the statements of coffee producers from Brazil about their expectation of favorable weather conditions.

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