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Commodity price slide continues

Posted on 05 February 2009

From Stuff.co.nz: Commodity prices have fallen for a sixth consecutive month, down a further 4.3 per cent in January. The ANZ Commodity Price Index has now fallen a cumulative 28 per cent since its peak last July, returning to its October 2006 level.

Pulp and dairy were the biggest losers, with double-digit declines of 13.1 per cent and 12.3 per cent respectively. A worldwide slump in demand took log prices down 7.9 per cent to hit a two-year low….. Full Article: Source


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