Commodities (Crude Oil & Copper) & Macro Outlook

According to Financial News, Korean Steel entered Doosan Enerbility's gas turbine supply chain, delivering initial turbine housing units in H1 2026 and expanding production capacity to 10 units annually. The company's order backlog surged 30% to 8,400 tons by June 30, 2026, from 6,441 tons at

According to Shanghai Mysteel, on September 30, MMLC battery-grade lithium carbonate mid-price fell to 120,000 yuan per ton in morning trading, down 500 yuan per ton from the previous day's 4:30 PM closing

South Korean stocks opened higher on the 30th but lost momentum by mid-morning as foreign and institutional investors turned sellers. The KOSPI index opened 72.66 points (1.06%) higher at 6,943.47 and briefly touched a 1.38% gain before moderating to 6,891.40, up 20.59 points (0.30%) as of 11:10

Korean government bond futures opened higher on September 30, with 3-year futures up 10 ticks to 102.29 and 10-year futures rising 19 ticks to 104.06 as of 9:04 AM. The gains reflected overnight declines in US Treasury yields and stabilization in international oil prices. Foreign investors net

According to Yonhap Infomax, South Korea's government bond futures rose on September 30 morning, tracking overnight declines in U.S. Treasury yields and falling oil prices. The 3-year government bond futures contract climbed 10 basis

According to EU energy commissioner Dan Jørgensen, since the Iran conflict erupted in late February, the European Union has spent approximately 100 billion euros on additional fossil fuel imports to maintain equivalent supply levels. Speaking on September 29 at an EU Energy Ministers meeting in

According to Jin10 Futures, styrene in Jiangsu's spot market rose slightly on September 30, driven by gains in crude oil and benzene prices. Buying interest remained cautious ahead of the holiday, with market participants adjusting bids higher amid the supportive supply costs. Current spot and

According to JPMorgan Chase analysts on Sept 29, Middle East crude oil shipments have recovered to 98% of pre-war levels, reaching 17.5 million barrels per day. Refined products including diesel and gasoline flows stood at 3 million barrels daily, equivalent to 58% of pre-war volumes. Analysts

According to China's Ministry of Commerce, Brazilian beef imports have reached 100% of the quota set under the safeguard measure as of September 29, 2026. Starting October 1 at 00:00, beef imported from Brazil will face an additional 55% tariff on top of the currently applicable tariff rate, as

Bitcoin (BTC) remains range-bound, trading at around $83,540 as of September 30. The U.S. House of Representatives has expanded its investigation into insider trading in prediction markets, requesting information on know-your-customer (KYC) procedures and internal monitoring. U.S. Senator Tim Scott criticized the Democrats for putting political calculations above the public interest, condemning the party for “killing” the CLARITY Act. Macro Events & Crypto Highlights According to CNBC, James Com

As of 9:30 AM Beijing time today, WTI crude oil futures rose 0.43%, while U.S. natural gas futures gained 0.46%.

Real-time commodity prices as of 09:30 Beijing time today show New York gold futures rising 0.47%, silver futures up 0.42%, and copper futures gaining 0.64%.

Nobel Prize-winning economist Paul Krugman criticized US Treasury Secretary Scott Bessent on the 29th (local time) in a blog post titled 'The Beclowning of Scott Bessent,' attributing recent surges in US long-term bond yields to prolonged Middle East warfare and oil price-driven inflation. Krugman s

Brent crude oil extended gains during intraday trading on September 30, rising 1.00% to $96.38 per barrel.

Nine Korean bond market experts surveyed by Yonhap Infomax forecast October government bond yields will remain downwardly rigid, with 3-year bonds at 4.07% and 10-year bonds at 4.49%. The consensus reflects concerns over potential Bank of Korea rate hikes and sustained high oil prices. Brent crude f

On September 30, the Seoul bond market is expected to move while monitoring foreign investors' treasury futures trading amid bearish positioning and cautious outlook on favorable indicators. International oil prices fell on news of Saudi Arabia's oil export normalization, with state-owned Saudi

According to a Yonhapinfomax survey of nine Korean bond market experts, government bond yields are expected to face downside pressure in October as the Bank of Korea remains vigilant about potential rate hikes amid elevated oil prices. The consensus forecast

On the market open this morning, September 30, Chinese futures showed mixed signals, with synthetic rubber surging over 4%, rubber and 20-gauge rubber rising over 3%, rapeseed oil and soybean futures climbing

According to Jin10 Futures, South China's major refineries maintained stable shipment pace on September 30, with dock spot prices gaining amid higher October Saudi contract prices. International crude oil prices declined sharply earlier in the session. Refinery operations remain cautious ahead of th

According to Reuters, citing multiple informed sources, U.S. President Donald Trump announced on September 30 plans for South Korea to invest $54 billion in Alaska liquefied natural gas (LNG) development as part of broader Korean investment in the United States. South Korean steel pipe makers