Sources of the Price Measures Used in the ICP
Release date:
Commodity | Sources | Data description |
---|---|---|
Rural commodities | ||
Wool | Bloomberg | Eastern Market Indicator |
Beef and veal | MLA | Eastern States Young Cattle Indicator |
Wheat | Bloomberg | US Gulf price; HRW No 2 |
Barley | Bloomberg | FranceAgriMer, Feed Barley FOB (Rouen) |
Canola | Bloomberg | Manitoba Agriculture and Food Canola Spot |
Sugar | Bloomberg | Sugar No. 11 ICE |
Cotton | Bloomberg | Raw Cotton A Index |
Lamb | MLA | National Trade Lamb Indicator |
Base metals | ||
Aluminium | Bloomberg | London Metal Exchange (LME) spot price |
Lead | Bloomberg | LME spot price |
Copper | Bloomberg | LME spot price |
Zinc | Bloomberg | LME spot price |
Bulk commodities | ||
Iron ore | ABS | Average export price |
Bloomberg | Spot price – 62% Fe Fines Index, Chinese landed price less Australia to China freight rate (free on board basis) | |
Metallurgical coal | ABS | Average export price |
CRU | Spot price – Australian premium hard coking coal | |
Thermal coal | ABS | Average export price |
CRU | Spot price – Newcastle thermal coal (6,000 kcal/kg) | |
Other resources | ||
LNG | ABS | Average export price from mid-2015 |
Confidential | Prior to mid-2015 | |
Crude oil | Bloomberg | European Brent Blend |
Alumina | ABS | Average export price |
Gold | Bloomberg | Spot price |
Copper ore | ABS | Average export price |
Lithium | Bloomberg | Spodumene min 6% Li2O, CIF China spot price |
Source: RBA |