Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10, ethylene glycol (EG) futures climbed over 4% on August 17 as U.S. escalation of economic sanctions against Iran sparked crude oil gains, which ripple through polyester production chains. China's weekly EG production reached 349,200 tons, up 0.35% week-over-week, with overall

WTI crude oil touched $82 per barrel today, up 0.59% intraday. The benchmark energy commodity continued to track broader market movements as trading activity persisted.

According to Guru Club, shipping index Europe route futures contracts rallied over 10% intraday on Aug 17, reaching 1,748 points.

During intraday trading on August 17, butadiene rubber futures rose 4% to 14,060 yuan per ton, while liquefied petroleum gas (LPG) futures climbed 101 yuan to 5,443 yuan per ton, up 1.89%.

According to Jin10 Futures, as of 09:30 Beijing time on August 17, WTI crude oil futures remained flat while U.S. natural gas futures fell 2.60%.

According to Guru Club, the container shipping index for the Europe route rose 8% on Aug 17, reaching 1716.5 points during intraday trading.

According to Guru Club, polysilicon jumped nearly 7% on China's domestic futures market on August 17, with shipping routes and synthetic rubber gaining over 3%. Ethylene glycol, para-xylene, low-sulfur fuel oil, pure benzene, styrene, and crude oil advanced over 2%. Stainless steel and red dates

According to China's JLY Energy, as of August 17, the first working day of the current pricing window, domestic gasoline and diesel prices are predicted to rise by 190 yuan per ton, with a price change rate of 3.42%. The reference crude oil price stands at 85.46 US dollars per barrel. The next prici

According to Taiwan Economic Daily, indium phosphide (InP) substrates and epitaxial wafers face severe supply shortages, with prices set to surge more than 10% in the fourth quarter—marking the record-largest increase in the material's history. The shortage reflects surging demand from optical

According to shipping intelligence firm Kpler, vessel traffic through the Strait of Hormuz plunged over the past weekend. On Saturday, only 5 bulk carriers transited the waterway, while no vessels passed on Sunday, marking a sharp decline from 31 vessels the previous weekend. The drop follows

According to reports, CBOT soft red winter wheat futures surged over 3% on Friday (August 15) as market concerns over global grain export supply tightened. Recent escalations in Russian and Ukrainian strikes on Black Sea shipping and port

Xangle, a crypto data firm, identified two key variables shaping the crypto market this week: whether US inflation slowdown can reduce Federal Reserve tightening concerns and Middle East geopolitical tensions affecting oil prices. July Consumer Price Index rose 3.4%

According to reports from international media, CBOT corn futures closed higher on Friday (August 15), supported by strength in wheat markets and rising oil prices, though precipitation forecasts for the U.S. Midwest limited gains. The market is digesting updated supply and demand outlooks

According to Zangel's research report released on August 16, U.S. July consumer price index (CPI) rose 0.1% month-over-month and 3.4% year-over-year, matching market expectations. Core CPI increased 0.2% month-over-month without additional upward pressure. Producer price index (PPI) came in flat ver

According to shipping data, traffic through the Hormuz Strait slowed over the weekend as tanker attacks and stalled U.S.-Iran peace negotiations weighed on regional shipping activity.

According to Shinhan Investment Securities, on August 17, South Korea's oil refining enterprises are expected to extend their earnings growth period as refining profit margins reach historic highs. The margin—the revenue generated from the price difference between crude oil and refined

According to China Tungsten Online data and industry sources cited by Shanghai Securities News, tungsten prices have stabilized during the third quarter after significant volatility in H1. Black tungsten concentrate (65%) is trading around 415,000 yuan per metric ton, while ammonium metatungstate (A

According to Guru Club, tomorrow (August 17), Asian refiners are securing crude oil supplies ahead of schedule, with Indian buyers targeting November shipments. Ukrainian strikes on Russian oil refining facilities have exacerbated supply concerns, leaving Russia facing fuel shortages despite

WTI crude oil futures gained 0.4% during early Asian trading on Monday, posting a modest advance in the morning session.

According to Gate market data, spot gold opened higher on Monday at $4,380.58 per ounce, while WTI crude oil rose to $81.66 per barrel.