The most expensive goods in the world in May have been named
According to data from ICE Futures, CME Group, and the Shanghai Metal Exchange, analyzed by RIA Novosti, cocoa beans and platinum emerged as the most profitable commodities for investment in May. Conversely, coffee and lithium were identified as the least profitable.
Cocoa beans, a key ingredient in chocolate production, saw an 11% price increase during May. Other agricultural commodities experiencing significant appreciation included orange juice (+7.9%), and both rice and oats (each +2.9%). Among metals, platinum registered the most substantial gain, ranking second overall in terms of growth across all commodities, with its global exchange prices rising by 9.2% in May.
Furthermore, tin prices increased by 5.2%, and copper by 3.1%. In contrast, gold experienced a more modest gain of 2.9%, slowing its momentum from previous months. Within the energy sector, coal exhibited the strongest positive trend among widely traded energy sources, with prices climbing 8.2% over the month. European natural gas saw a 5.5% increase, and uranium rose by 5.4%.
Conversely, coffee prices experienced the most significant decline across all commodities, with Robusta falling by 13.2% and Arabica by 11%. Lithium also featured among the top three “underperforming” commodities, losing 9.2% of its value during the month.
ORIENT
