NZ commodity prices fall in November on weaker dairy

Tue, 05 Dec 2017

By Sophie Boot Dec. 5 (BusinessDesk) - New Zealand commodity prices slipped further in November, with dairy prices leading the pack lower although the softening was across the board. The ANZ Commodity Price index slipped 0.9 percent to 291.9 in November and was up 6 percent in the year. In New Zealand dollar terms, the index was at 223.3, up 1.5 percent in the month and 12 percent in the year as the New Zealand dollar continued to fall against major trading partners. The kiwi dollar has come under significant pressure due to political...

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