Sources of the Price Measures Used in the ICP

Sources of the Price Measures Used in the ICP
Commodity Sources Data description
Rural commodities
Wool Bloomberg Australian Wool Export Price - AU Eastern Region, spot price
Beef and veal MLA Average of beef prices to the United States and Japan
Wheat Bloomberg US Gulf price; HRW No 2
Barley Bloomberg; France AgriMer France AgriMer, Feed Barley FOB (Rouen)
Canola Bloomberg Manitoba Agriculture and Food Canola Spot; Winnipeg Canola Spot(a)
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, free on board basis
Metallurgical coal ABS Average export price
IHS Markit Spot price – Queensland premium hard metallurgical coal
Thermal coal ABS Average export price
IHS Markit Spot price – Newcastle thermal coal (6,000kcal)
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
(a) Spliced from 1 February 2018 due to discontinuation of Winnipeg Canola Spot series

Source: RBA