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Commodities Briefing - Categorized | Index, Price Watch more

Commodity prices fall but still high

Posted on 04 December 2013

Commodity prices fell for the first time in five months in November, dragged down by falls in aluminium and some dairy products. The ANZ Commodity Price Index eased 0.4% to be 21.4% higher than a year ago. The index is now 2% below the record high reached in April.
Aluminium recorded the largest fall across the commodity basket, dropping 4% to a four-year low, while wholemilk powder and butter also eased. This was partly offset by higher prices for meat, skins, wool and other dairy products. The price index edged higher in New Zealand dollar terms………………………………………..Full Article: Source


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