Correction to: The consequences of coronavirus outbreak on commodity markets

Correction to: Environment, Development and Sustainability https://doi.org/10.1007/s10668-020-00934-4

1. Unfortunately, the authors have missed the addition of source of Table 1. We apologize for our mistake.

   The source of Table 1 is provided below.

2. There is change in the title of manuscript as it coincides with the title of World Bank report, 2020. We apologize for our mistake

   The title has been modified to:

   The consequences of Coronavirus outbreak on commodity markets.

Table 1.

The nominal price indexes and forecast revision.

Source: Commodity Markets Outlook, World Bank (2020)

	Price indexes (2010 = 100)a					Change % (q/q)b		Change % (y/y)c		Forecast revisions
	2017	2018	2019	2020	2021	2019Q4	2020Q1	2020	2021	2020	2021
Energy	68	87	76	45	54	1.7	− 18.4	− 40.3	18.9	− 35.1	17.1
Non-energy	84	85	82	78	79	1.9	− 0.7	− 5.1	2.5	− 4.6	0.9
Agricultured	87	87	83	82	84	4.1	1.2	− 1.1	1.8	− 0.9	− 0.1
Beverages	83	79	76	72	74	5.1	− 0.9	− 5.3	2.3	− 4.4	0.2
Food	90	90	87	87	88	4.9	1.5	− 0.5	1.9	− 1.2	2.1
Oil and meals	87	85	77	78	80	7.2	3.1	0.1	2.7	− 1.8	5.2
Grains	81	89	89	88	89	0.8	4.4	− 1.5	1.8	− 1.6	0.4
Other food	102	99	98	97	98	6	− 2.5	− 0.4	0.9	0	0.2
Raw materials	81	81	78	77	79	1.2	1.6	− 0.8	1.6	− 5.3	0.3
Fertilizers	74	82	8	73	76	− 7	− 4.5	− 9.9	3.1	− 12.9	1
Metals and minerals	78	83	78	68	71	− 1.8	− 4.7	− 13.2	4	− 11.6	2.9
Precious metals	98	97	105	119	119	0.7	5.4	13.2	− 0.3	7.7	0.7
Memorandum items
Crude oil (USD/bbl)	53	68	51	35	42	1	− 18.7	− 43	20	− 37.5	18.1
Gold (USD/toz)	1.258	1.269	1.392	1.6	1.59	0.5	6.9	14.9	− 0.6	9.3	0.6

^aPrice index, as “100”, calculated by the ratio of nominal GDP to real GDP

^b(q/q) = quarter by quarter

^c(y/y) = year by year

^dAverage of wheat, corn, and soybean price