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July 6, 2026

Commodity Price Index

Monthly UpdateCommoditiesOther

The ANZ World Commodity Price Index fell 1.0% in June 2026 as global commodity prices softened, while the NZD-denominated index rose 0.9% due to local currency weakness.

Key Takeaways

  • 1.The ANZ World Commodity Price Index fell 1.0% m/m in June, driven by declines in most components except meat and fibre.
  • 2.The NZD Commodity Price Index rose 0.9% m/m due to a weaker New Zealand dollar, contrasting with the decline in world price terms.
  • 3.Aluminium prices saw a significant decline of 5.9% m/m as geopolitical tensions in the Middle East eased and shipping routes reopened.

Table of Contents

  • June data
  • Meet the team
  • Important Notice

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Authors

Matt Dilly

Themes

Currency impact on trade indicesGeopolitical impact on commodity prices

Regions

GlobalNew Zealand