Prices for crude energy products fell 3.6 percent, a third consecutive monthly decrease. The price of conventional crude oil was down 4.9 percent in September. Expectations of slowing economic activity worldwide contributed to the decrease in prices, the national statistical bureau said.
The price of natural gas rebounded 14.9 percent in September, following a 19.4 percent drop in August. Globally, natural gas prices have been on the rise. The benchmark price of natural gas in Alberta was 4.36 Canadian dollars (3.48 U.S. dollars) per gigajoule on average in September. Comparatively, the price in Europe was 74.6 Canadian dollars per gigajoule, and the price in the United States was 9.8 Canadian dollars per gigajoule, the bureau said.
Prices for metal ores, concentrates and scrap were down 2.9 percent in September, due in part to a stronger U.S. dollar, as well as concerns about economic growth, the bureau said.
Prices for logs, pulpwood, natural rubber and other forestry products decreased 11.7 percent in September, a record month-over-month decline since the start of the series in January 2010, Statistics Canada said.
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