2025年8月，加拿大原材料价格指数（RMPI）环比下跌0.6%，扭转了7月份0.3%的涨幅，未达到1.2%的预期。原油能源产品领跌（-3.7%），常规原油下跌3.5%，合成原油下跌5.1%，受欧佩克+上调9月产量目标后供应过剩担忧的压力。由于关税导致中国需求疲软，油菜籽价格下跌6.4%，农作物产品价格下跌1.7%。相比之下，金属矿石、精矿和废料上涨2.0%，黄金和银矿石延续了长达一年的涨势。不包括原油能源，8月份RMPI上涨0.9%，同比上涨15.5%，而整体指数每年上涨3.2%。

Canada’s Raw Materials Price Index (RMPI) fell 0.6% month-over-month in August 2025, reversing a 0.3% rise in July and missing expectations of a 1.2% increase. Crude energy products led the decline (-3.7%), with conventional crude oil down 3.5% and synthetic crude oil 5.1%, pressured by oversupply fears after OPEC+ raised its September production target. Crop product prices dropped 1.7%, driven by a 6.4% fall in canola amid weaker demand from China due to tariffs. In contrast, metal ores, concentrates, and scrap rose 2.0%, with gold and silver ores extending a year-long rally. Excluding crude energy, the RMPI rose 0.9% in August and was up 15.5% year-on-year, while the overall index gained 3.2% annually.