NZ commodity prices rise 3.5 percent in September, led by milk, aluminium

Tue, 02 Oct 2012

By Hannah Lynch Oct. 2 (BusinessDesk) - New Zealand commodity prices rose for a second month in September, in the strongest monthly gain in a year-and-a-half, led by skim milk powder and aluminium. The ANZ commodity price index rose 3.5 percent last month, about 14 percent weaker than the same month a year ago. Excluding dairy prices the index rose 0.5 percent. The largest increase was shared by skim milk powder and aluminium, both up 11 percent, followed by butter and whole milk powder up 8 percent, wool and apple prices gaining 6 percent,...

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