Commodities (Crude Oil & Copper) & Macro Outlook

According to Yonhap Infomax, Hanwha Aerospace established Hanwha Horizon USA subsidiary today (August 25) to enter the global LNG business. The subsidiary will serve as the control tower for Hanwha's LNG operations, handling procurement, trading, and logistics optimization. Hanwha Horizon USA will supply fuel to Hanwha Energy's Yeosu LNG power plant, which is scheduled to begin commercial operations in 2029, and plans to expand LNG supply to domestic and overseas power generation and energy comp

Bitcoin rebounded further to $79,598 on August 25, gaining approximately 27% over the past month. Multiple analysts view $83,000 as the next key resistance level. From August 17–23, Strategy sold 18.26 million MSTR shares through its at-the-market (ATM) program, raising approximately $2 billion, but did not purchase any new Bitcoin this week. Multiple Analysts Set $83,000 Bitcoin Target Four major analysts share a common focus on $83,000 in their outlooks, though each emphasizes different factor

According to Jin10 Futures, on August 25, China's reference crude oil price averaged $88.87 per barrel with a 7.54% change rate, indicating that domestic gasoline and diesel retail prices should rise 410 yuan per ton. The next pricing adjustment window is set for August 28 at 24:00, following the pr

Early trading on August 25, China's commodity futures markets rose broadly, with ethylene glycol and asphalt leading gains at nearly 3%, while short-fiber, xylene, and fuel oil rose nearly 2%. Polyvinyl chloride and eggs fell

From 00:30 to 00:45 on August 25, 2026 (UTC), BTC rebounded 0.72% over 15 minutes, with a price range of 78,743–79,364 USDT and an amplitude of 0.79%. A slight short-term recovery emerged, but the overall market remained volatile and weak, with attention focused on uncertainty surrounding macroeconomic risks. The main driver of this move was the diversion of safe-haven funds. Gold reached a three-month high and broke above $2,350 amid escalating geopolitical tensions in the Middle East, with sub

According to Jin10 Futures, on August 25, crude oil futures fell back after earlier gains, cooling bullish sentiment in the fuel oil market. Refineries faced increased resistance pushing prices higher, though tight supply of certain fuel oil products provided some support for refiners to hold prices

According to Jin10 Futures, South China LPG market gained on Aug 25 (yesterday), supported by strong international oil prices and supply tightness, though weak demand limited overall gains. International crude fell in early trading today, pressuring sentiment, but cost support and supply

According to the UK Maritime Trade Operations Office, on August 25, a tanker near Oman was struck by unidentified projectiles, sustaining engine damage and losing power. All crew members remain safe. The

According to Jin10 Futures, on August 25, styrene markets are consolidating at elevated levels amid crude oil pullback and ongoing port destocking. Multiple producers, including Taixin and facilities in Fujian and Guangdong provinces, are restarting or ramping production, while Shandong facilities a

According to Barclays, as markets price in potential Federal Reserve rate hikes by late 2026 or early 2027, energy, commodities, and technology stocks are positioned to outperform the broader market, while rate-sensitive sectors like financials and consumer discretionary face headwinds. Barclays' an

According to Financial Times, President Trump announced on August 22 a temporary reduction in tariffs on imported beef over the next 90 days, aiming to ease rising food prices ahead of the November midterm elections. The tariff cut may allow imports of up to 300,000 tons. While the administration em

According to Chinese investment bank CITIC Securities, lithium inventory fell this week to its lowest level of the year, with 865,000 tons and a weekly drawdown of 75,000 tons—the 8th consecutive week of inventory reduction. A sample survey of 27 battery manufacturers by Baichuan Yingfu showed Chin

According to Jin10, ICE canola futures closed sharply lower on Monday, Aug 25, with the benchmark contract falling 3.57% and hitting its lowest level since Aug 7. The November contract declined more than 28 Canadian dollars per tonne. The decline was driven by renewed U.S. tariffs on Canadian

The USD-KRW exchange rate traded in the mid-1,380 won range as the forex market absorbed news of US-Canada trade tensions and the US announcement of economic sanctions against Iran. At 6:00 AM, the rate stood at 1,383.20 won, up 0.80 won from the previous Seoul trading session close of 1,382.40 won,

According to market data, Bitcoin rose on August 24 as gold and the U.S. dollar strengthened and oil prices declined. The move occurred as the S&P 500 and Nasdaq declined, with semiconductor stocks under pressure, including a seventh consecutive decline for Nvidia. U.S. Treasury yields also fell

Korean Treasury bond futures declined in overnight trading on August 25, with trading volumes significantly lower than usual. The 3-year bond futures closed at 103.20, down 2 ticks from the previous day's regular session close, while 10-year futures fell 7 ticks to 105.43, according to the Seoul bon

According to Yonhap Infomax, on Aug 25 overnight, Korean government bond futures declined amid significantly thin trading activity. The 3-year futures fell 2 ticks to 103.20, while 10-year futures dropped 7 ticks to 105.43. Trading volumes collapsed to just 15 and 18 contracts respectively,

According to official announcements on August 24, China's central bank conducted overnight reverse repo operations and 500 billion yuan medium-term lending facility (MLF) injections. Meanwhile, e-commerce platform Pinduoduo reported second-quarter net profit of 27.2 billion yuan, marking strong oper

According to Guru Club, on August 25, WTI crude futures for October delivery fell 2.4% to settle at $85.01 per barrel, while Brent crude futures for the same period declined 2.4% to $92.17 per barrel. Traders balanced U.S. sanctions aimed at isolating

According to Guru Club, on August 25, former U.S. President Donald Trump stated that the United States urgently needs aluminum and primarily imports it from Canada.