NZ commodity prices rise 2.8% in February, as supply concerns bolster dairy

Mon, 05 Mar 2018

By Rebecca Howard March 5 (BusinessDesk) - New Zealand commodity prices rose in February as supply issues bolstered prices for dairy products as well a lift in meat and fibre prices. The ANZ commodity price index gained 2.8 percent in February to 296.4 and was up 5 percent on the year. In New Zealand dollar terms the index lifted 2.4 percent on the month to 215.5 as the New Zealand dollar was broadly steady against major trading partners in the month. It was the first lift in New Zealand dollar prices since November. The index was up 6...

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