Commodities (Crude Oil & Copper) & Macro Outlook

According to CTWANT, a three-member Japanese parliamentary delegation departed for China on August 24 to meet with top Communist Party officials and attempt to repair bilateral relations, particularly seeking resumption of rare earth mineral supplies. The delegation comprises one member from the

According to reports, President Trump said Monday that the U.S. desperately needs Canadian aluminum, stating "We have no aluminum. Most of our aluminum comes from Canada, and we need it very much." On the same day, Trump proposed building an aluminum plant in Inola, Oklahoma, writing on social

The Canadian government will announce retaliatory tariffs against the United States on May 25 (local time), according to foreign media reports citing a government statement on May 24 (local time). Four cabinet ministers including Innovation Minister François-Philippe Champagne and Foreign Minister M

US President Donald Trump threatened to impose 50% tariffs on Canadian automobiles, trucks, auto parts, and steel effective January 1, escalating a trade conflict between the two nations. The Trump administration already imposed 50% tariffs on approximately $20 billion worth of Canadian imports

According to Vietnam's Ministry of Industry and Trade, on August 22, Vietnam made a final determination in its third anti-dumping review of H-beam steel originating from China, reducing anti-dumping duties from 13.38% to 6.78% for manufacturers and exporters Hebei Jinxi Type Steel, and its

As of 09:30 Beijing time on August 25, New York gold futures rose 0.34%, silver rose 0.30%, and copper rose 0.20%.

Bitcoin (BTC) continued to rebound, trading at around $79,750 as of August 25. The United States imposed a new round of sanctions on Iran targeting sectors including digital assets and oil. Treasury Secretary Bessent called the move “economic D-Day.” Japan plans to ease restrictions on large stablecoin payments, with individual transactions potentially exceeding ¥1 million. Macro Events & Crypto Highlights The Block reported that the U.S. Treasury announced a new round of sanctions on Iran targe

According to Jin10 Futures, as of 09:20 on Aug 25, several commodity options recorded significant gains. Fuel oil 2610 call option (strike 4900) surged 255.56% to 64.0 yuan/ton, while fuel oil 2610 call option (strike 4650) jumped 200.0% to 105.0 yuan/ton. PVC 2610 put option (strike 4400)

According to official announcement reported by PANews on August 25, Entropy.io, the HIP-3 deployer on Hyperliquid, completed a $14 million funding round led by Ribbit Capital and secured $40 million in HYPE token collateral support. Entropy enables perpetual futures trading on global stocks,

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