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NZ commodity prices rise in Feb: ANZ Bank

Posted on 04 March 2013

Prices for New Zealand’s main commodities rose for the seventh consecutive month in February, bolstered by some dairy and forestry products and meat, a survey showed on Monday. The ANZ Bank’s commodity price index gained 1 per cent on the previous month, following the rise after a 0.3 per cent rise in January.
The series has gained 9 per cent since its low point last July but is 13 per cent below its record high in April 2011. Ten of the 17 commodity groups rose in price, two were weaker, and five flat………………………………………..Full Article: Source


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