Fri, Dec 19, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Index, Performance more

RBA commodity price index at 2-year low

Posted on 02 November 2012

Australia’s export commodity prices fell to a two-year low in October according to Reserve Bank of Australia (RBA) figures. The RBA’s index of commodity prices in October was 3.5 per cent lower in foreign currency terms compared with September, and down by 19.5 per cent from its peak in July last year.
The October level was the lowest for the index since October 2010. The index is now less than one per cent above the high point seen in September 2008, just ahead of the descent of global financial markets into crisis and consequently the slump in commodity prices that bottomed out in May 2009………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38538 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031