winners & losers

Crude oil prices continue to fall, hitting the lowest level since 2009 as global oversupply far outstrips weak demand. With oil prices linked to EU gas supply contractors, gas prices have fallen too - though this has also been driven by strong supply and low demand.

Elsewhere, Pakistani basmati rice has fallen sharply after a major rice processor closed. This has had a knock-on effect on other processors, which delayed purchasing crops while prices were high.

Palm oil prices have surged amid supply concerns after a monsoon flood disrupted Malaysian harvests.

Cocoa powder, which was in decline last autumn, is now increasing as processors raise prices to offset losses made from falling cocoa butter prices.