Fri, 01 Jun 2012 07:19:09 GMT
New Zealand's commodity prices tumbled to 21-month low
The commodity price index measured by ANZ dropped by 4.2 %, attaining 21-month low last month. The ANZ Commodity Price Index approached 260.8, indicating decline for the last 12 months. The major contributors to the decline were falling prices of diary and wool products while slight increase in kiwifruit and apple prices limited the downswing.