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Index of Commodity Prices June 2022
Preliminary estimates for June indicate that the index decreased by 1.6 per cent (on a monthly average basis) in SDR terms, after decreasing by 5.3 per cent in May (revised). The rural, non-rural and base metals sub-indices all decreased in the month. In Australian dollar terms, the index decreased by 1.5 per cent in June. Over the past year, the index has increased by 24.3 per cent in SDR terms, led by higher LNG, coking coal and thermal coal prices. The index has increased by 26.1 per cent in Australian dollar terms. Consistent with previous releases, preliminary estimates for iron ore, coking coal, thermal coal ... (full story)