Index of Commodity Prices June 2026

Preliminary estimates for June indicate that the index decreased by 2.2 per cent (on a monthly average basis) in SDR terms, after increasing by 1.0 per cent in May. The non-rural and base metals subindices decreased in the month, while the rural subindex increased. In Australian dollar terms, the index decreased by 0.7 per cent in June.

Over the past year, the index has increased by 16.9 per cent in SDR terms. Increases in the prices of gold, coking coal and rural commodities have more than offset declines in liquefied natural gas (LNG) and alumina prices. The index has increased by 8.0 per cent in Australian dollar terms.

Consistent with previous releases, preliminary estimates for iron ore, coking coal, thermal coal and LNG export prices are being used for the most recent months, based on market information. Using spot prices for the bulk commodities index, the index decreased by 2.4 per cent in June in SDR terms, but remains 19.7 per cent higher over the past year.

For further details regarding the construction of the index, please refer to ‘Changes to the RBA Index of Commodity Prices: 2013’ in the March 2013 issue of the Bulletin and ‘Weights for the Index of Commodity Prices’ (April 2026).

Details are in the attached table and graph.