ANZ World Commodity Price Index lifts in September

(Image: Getty)

Thu, 03 Oct 2024

The ANZ World Commodity Price Index rose 1.8% in September versus August, as stronger prices were recorded for all major sectors except forestry.In New Zealand dollar terms the index fell 0.2% after the NZD Trade Weighted Index lifted 1%, said agricultural economist Susan Kilsby. In world price terms, dairy prices lifted 2.3% month-on-month as demand strengthened. Whole milk powder prices lifted 24% year-on-year and butter prices were up 42%.The meat and fibre index gained 1.4% versus August and is up 18.3% year-on-year. The horticult...

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