The most expensive product in the world in October this year was cobalt, while the cheapest was orange juice, according to data from ICE Futures, CME Group, and the Shanghai Metal Exchange.
The price of cobalt, widely used for making steel and electric batteries, increased by 28.5% month-on-month in October. Additionally, among metals, palladium saw a significant price increase of 15.8%, as well as lithium, which rose by 9.5%.
Among agricultural products, soybeans experienced the highest price increase in October, rising by 8.2%, along with robusta coffee, which increased by 7.3%, and arabica coffee, which went up by 3.8%.
In the list of energy products, natural gas in the U.S. saw the largest price increase of 19.4%. The top three also included diesel fuel, which rose by 7.6%, and heating oil, which increased by 6.9%.
The cheapest product in the world in October this year was orange juice, with prices plummeting by 23.3% month-on-month. Pork also saw a significant decrease of 18%, and neodymium dropped by 13.4%.
