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Index of Commodity Prices April 2024

From rba.gov.au

Preliminary estimates for April indicate that the index decreased by 1.5 per cent (on a monthly average basis) in SDR terms, after decreasing by 4.7 per cent in March (revised). The non-rural subindex decreased in the month, while the rural and base metals subindices increased. In Australian dollar terms, the index decreased by 1.6 per cent in April. Over the past year, the index has decreased by 11.6 per cent in SDR terms, led by lower thermal coal, iron ore, coking coal, liquified natural gas and lithium prices. The index has decreased by 11.1 per cent in Australian dollar terms. Consistent with previous releases, ... (full story)

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