Presentation of the World Bank Group Commodity Markets Outlook - October 2026
The World Bank Group’s Commodity Markets Outlook is published twice a year, in April and October. The report provides detailed market analysis for major commodity groups, including energy, metals, agriculture, precious metals, and fertilizers. Price forecasts for 46 commodities are presented together with historical price data. Commodity price data updates are published separately at the beginning of each month.
The Special Focus in this edition analyzes commodity market connectedness, mapping how price volatility propagates. It finds that commodity-specific factors dominate price volatility on average, but connectedness rises during episodes of market stress. Industrial metals typically transmit the most volatility, but the relationships are not static. After the onset of the Middle East conflict in early 2026, volatility transmission via oil prices surged.
Download Full Report & Executive summary
Opening Remarks

Irene Alaoui, Special Representative to the UN & the WTO, World Bank Group
Keynote Speaker

John Baffes, Senior Economist with the World Bank’s Prospects Group and lead author of the Commodity Markets Outlook (CMO)
CLOSING Remarks

Nathan Sussman, Full Professor, International Economics & Pictet Chair in Finance and Development, and Director, Centre for Finance and Development
Registration
Registration is required. Please Register Here
Organisers
The event is jointly organised by the World Bank and the Centre for Finance and Development (CFD) and is part of the CFD-World Bank High-Level Series on Financing for Development.
