Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10, on June 25, Iran's Revolutionary Guard Navy issued navigation requirements for the Strait of Hormuz, stating that all transits must be coordinated with the Guard on Channel 16. Vessels violating transit instructions will face action, the Guard said. The Guard also warned that

According to Foshan Jin Kong Futures, on June 25, PX is expected to trade sideways amid weakening cost support and seasonal demand decline, though supply-side tightening may provide limited upside.

The Shanghai Containerized Freight Index (Europe route) main contract fell over 3.00% intraday on June 25, now trading at 3,643.0 points.

According to Guru Club, WTI crude oil futures fell to $69.62 per barrel on June 25, with losses expanding to over 1% intraday. Brent crude futures declined more than 1% to $72.94 per barrel during the same

Brent crude oil futures shifted to contango on Wednesday, with the September contract trading $0.12 higher than the August contract—the first time since late February. According to U.S. Energy Secretary Wright, approximately 20 million barrels of oil flowed through the Strait of Hormuz in the

According to Jin10, Malaysian crude palm oil futures may fall on Thursday morning (June 25) as they follow weakness in international crude oil markets. Brent crude fell further in electronic trading Wednesday to a four-month low amid easing supply concerns, with more tankers exiting the Strait of

According to Citic Securities analysis, the Hormuz Strait has begun resuming normal operations in H1 2026 following a ceasefire arrangement between the US and Iran. The UN International Maritime Organization (IMO) has launched a large-scale ship evacuation plan to assist hundreds of commercial

According to Mysteel, on June 24, thermal coal (wet-quenched coke) prices and hard coal (dry-quenched coke) prices in major Chinese regions including Weifang, Binzhou, Dezhou, Jining, Zaozhuang, Heze, Rizhao, Tai'an, Linyi, and Xingtai are planned to rise by 50 yuan/ton and 55 yuan/ton

According to Jin10 Futures, CBOT soybean meal futures closed down 0.4% on Wednesday (June 25), following declines in soybean and soybean oil markets. Favorable weather conditions in U.S. soybean-growing regions and improved crop prospects continued to weigh on soybean and processed product markets.

According to Jin10 Futures, on Wednesday, CBOT soybean futures closed lower, with the benchmark contract declining 0.7% as crude oil prices plunged over $3 per barrel to a four-month low. The selloff was driven by speculation funds exiting positions and easing supply concerns as more tankers

CBOT soybean oil futures declined 1.3% at the close on Wednesday, trailing crude oil's decline, according to reports. U.S. crude oil prices fell below $70 per barrel, marking the lowest level since March 2, as supply concerns eased following the departure of tankers previously stranded at the

According to Jin10 Futures, CBOT soft red winter wheat futures fell for the fourth consecutive trading session on Wednesday, with the benchmark contract closing 0.2% lower amid fund selling pressure driven by a sharp decline in crude oil futures and a strengthening U.S. dollar

According to Guru Club, on June 25, WTI July crude oil futures fell 3.92% to $70.34 per barrel, while Brent July futures dropped 4.33% to $73.74 per barrel. This marks the lowest closing price for both benchmarks since late February. Abu Dhabi Murban crude oil futures also declined 3.43% to $67.24 p

According to U.S. Secretary of State Marco Rubio, the United States and Iran will continue technical consultations by the end of June (June 25). President Trump stated that Iran has agreed to terms, while the initial agreement includes $500 million for Iran to purchase U.S. goods. Meanwhile,

According to Codelco Chairman Bernardo Fontaine's statement at a lower house congressional committee meeting, the world's largest copper producer will assess potential asset sales or partnerships as part of a broader investment priorities review. The evaluation, expected to take three to four

President Trump held talks with multiple oil companies today, stating that their efforts to reduce gasoline prices are insufficient. ExxonMobil, Chevron, and other oil companies are under investigation as part of efforts to address soaring gasoline prices.

From 20:00 to 20:15 UTC on June 24, 2026, ETH staged a quick rebound within 15 minutes, yielding +1.63%, with the price rising from 1,579.9 USDT to 1,612.32 USDT, a 2.05% amplitude. The abnormal move occurred amid overall market pressure, as ETH posted a 24-hour decline of -5.03% and briefly fell to its lowest level in two weeks, typical of a short-term oversold bounce. The main driver of this move was technical oversold repair. The price had fallen to the intraday low of $1,558.39 just before t

According to Jin10, on Wednesday, June 25, Brent crude futures fell $3.34 to settle at $73.74 per barrel, down 4.3%, while U.S. crude futures dropped $2.87 to $70.34 per barrel, down 3.9%, retreating to levels seen before the U.S.-Israel-Iran conflict erupted in late February. The decline came as

According to Bloomberg, U.S. shale oil executives expressed concern on June 24 that White House communications regarding Iran conflict are creating market chaos and making planning impossible. Industry leaders cited inconsistent policy statements about Middle East tensions, with one executive