NZ commodity prices rise in March on dairy, meat and forestry gains; aluminium prices hit by trade war

Thu, 05 Apr 2018

By Paul McBeth April 5 (BusinessDesk) - New Zealand commodity prices rose for a third month in March as tight supply bolstered prices for dairy and meat products and Chinese demand continued to underpin forestry. Aluminium prices fell as the US imposed tariffs, stoking trade tensions with China. The ANZ commodity price index increased 1.2 percent in March and is up 5.8 percent from a year earlier as the country's dominant raw material exports were supported by supply concerns and strong Chinese demand. In New Zealand dollar terms, the in...

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