FAO in Sri Lanka

Global food commodity prices drop further in April

07/05/2020

07 May 2020, Rome - World food commodity prices declined for the third month in a row during April, as the economic and logistical impacts of the COVID-19 pandemic resulted in significant contractions in demand for many commodities.

The FAO Food Price Index, which tracks international prices of the most commonly-traded food commodities, averaged 165.5 points in April, some 3.4 percent lower than the previous month and 3 percent lower than April 2019.