Commodities (Crude Oil & Copper) & Macro Outlook

According to Guru Club, Brent crude futures declined 3% to $87.798 per barrel on August 25.

According to Jin10, WTI crude oil fell below $82 per barrel intraday on August 25, down 3.02% for the day. Brent crude declined 2.6%, trading at $88.04 per barrel.

According to its announcement on August 25, Everbright Fund Management has suspended redemption services for its Everbright Crude Oil Securities Investment Fund (QDII) on August 31, 2026, as the London Stock Exchange will be closed that day. Redemption services will resume on September 1. The suspen

According to Jin10, E Fund announced on August 25 that it will suspend redemption services for its China Crude Oil Qualified Domestic Institutional Investor (QDII) fund on August 31, 2026, due to London Stock Exchange closure. Redemption services will resume on September 1. The suspension applies to

According to Jin10, on Aug 25, Japanese Prime Minister Takayuki Makiyama instructed relevant ministers to prepare measures maintaining gasoline price subsidies. The subsidies, introduced since mid-March to support oil wholesalers, aim to keep average retail gasoline prices around 170 yen per

According to Jin10, WTI crude oil declined 2.00% intraday on August 25 to $82.86 per barrel. Brent crude oil fell 1.65% to $88.88 per barrel.

Brent crude oil breaks below $89 per barrel, down more than 1.5% intraday on August 25.

According to a Yide Futures report on Aug 25, bitumen futures surged, driven by geopolitical premium amid the U.S.-Iran standoff and tight domestic supply. Refinery operating rates hit a seasonal low with weekly production at 39.1 million tons, while September independent refineries plan a 43.6%

According to Dalian Commodity Exchange announcement, effective August 27, 2026, the daily trading limits for original timber futures contracts will be adjusted from 6% to 5%, while margin requirements will be lowered from 8% to 6%. Additionally, margin requirements for fiberboard futures will

President Donald Trump stated on August 19 that the Commodity Futures Trading Commission (CFTC) is developing a regulatory pathway for Hyperliquid to operate legally in the United States. Speaking at a White House gathering of cryptocurrency and financial-industry executives, Trump identified CFTC C

According to Guru Club, copper prices declined slightly on August 25 but remained above $14,200 per tonne, as fresh outflows from London Metal Exchange warehouses triggered concerns about supply tightness. ING analysts noted that while recent inflows had provided temporary relief, the latest stock o

According to Jin10, on August 25, China's Dalian Commodity Exchange (DCE) released its daily petrochemical warehouse receipt data. Styrene futures receipts surged 2,300 contracts to 2,700, the largest single-day increase among tracked commodities. Polypropylene receipts rose 332 contracts to 29,132,

According to Kazakhstan's Energy Ministry, the Caspian Pipeline Consortium (CPC) pipeline came under attack, prompting the country to revise its 2026 oil production target downward to 96 million tons. The attack is expected to result in a production loss of 3.5 million tons.

According to Bloomberg, the Trump administration is considering additional tariffs of 7.5% on Chinese goods on August 24. Combined with existing tariffs of 10% to 12.5% imposed in July under Section 301 of the Trade Act, the total rate would reach 20%, the same level before a February U.S. Supreme C

According to TASS, Kazakhstan has begun supplying small quantities of gasoline to Russia.

According to Jin10 Futures, as of August 25 at 15:16, Shanghai copper (CU2610) led China's major futures contract inflows with 1.519 billion yuan, followed by 30-year treasury bonds (T2612) at 1.016 billion yuan and CSI 1000 (IF2609) at 758 million yuan. On the outflow side, Shanghai gold

On August 25, Shanghai Futures Exchange released daily metals warehouse receipts data, showing mixed changes across commodities. Copper inventories fell 2,484 tons to 38,619 tons, aluminum dropped 1,923 tons to 262,514 tons, and white silver declined 8,220 kilograms to 1,412,903 kilograms. Zinc inve

According to Shanghai Futures Exchange data released on August 25, pulp futures warehouse inventory increased to 379,045 tons, up 4,564 tons from the previous trading day. Pulp factory warehouse inventory remained at 20,000 tons. Other energy and chemical futures contracts, including crude oil,

According to Jin10, Russia's Afipsky refinery in the southern Krasnodar region caught fire after being attacked by drones overnight on August 25. Local emergency services are responding to the incident at the facility near the Ukraine border. The refinery, owned by privately-held ForteInvest, has

According to the Financial Investment Association of Korea, as of August 21, domestic MMF (money market fund) balance reached 259.68 trillion won, up 8.12 trillion won compared to the previous month. The figure remains near the record high of 262.97 trillion won recorded on August 13, reflecting