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Commodity Mid Session News

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(01 Apr 2025, 12:18)

Commodities Buzz: Australia’s commodity prices fall 6.5% YoY in March,

The Reserve Bank of Australia’s Index of Commodity Prices declined 6.5% year-on-year in March 2025, easing from an 8.9% fall in February. This marked the 25th straight monthly drop but at the softest pace since August 2024, driven by lower iron ore and coking coal prices. On a monthly basis, prices fell 3.2%, reversing February’s 0.6% gain, with rural and non-rural indices down while base metals rose. In AUD terms, the index dropped 2.8% YoY and 1.7% MoM.
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