Commodities (Crude Oil & Copper) & Macro Outlook

According to Smart Finance, COSCO Shipping Energy (01138) has invested 1.7 billion RMB (approximately 238 million USD) into its fully-owned subsidiary Shanghai COSCO Shipping LNG Investment Co., Ltd., using company self-owned funds. The capital injection aims to optimize the subsidiary's capital

According to Shanghai Futures Exchange announcement on Sept 28, the maximum daily opening position for non-futures company members, offshore special non-brokerage participants, and clients in bitumen futures contracts BU2610 and BU2611 has been adjusted to 3,000 lots, effective from the night

According to Axios, U.S. President Trump said on September 28 that he remains open to resuming military strikes against Iran and anticipates U.S. negotiators will hold further talks with Iranian representatives this week, following Tehran's rejected proposal to end the conflict. Separately, Trump i

According to the Royal Automobile Club (RAC), diesel prices in the UK have reached a record high of 199.18 pence per liter, driven by ongoing Middle East conflicts that continue to push up fuel costs globally.

According to Shanghai International Energy Exchange, on September 28, the bourse restricted new position opening for one account group whose intraday opening volume exceeded regulatory limits on energy futures contracts. The trading behavior violated the exchange's rules on abnormal trading

According to CNBC, CFTC Chair Mike Selig said on Wednesday, September 23, that the regulator is preparing for the transition of markets moving "24-7, on-chain." Selig stated that the CFTC needs to reevaluate its rules and regulations to ensure readiness for this shift toward on-chain markets and

Intel (INTC), Advanced Micro Devices (AMD), Nvidia (NVDA), and Broadcom (AVGO) led a technology selloff in Monday's premarket trading as U.S.-Iran tensions sent oil prices higher. Intel fell 3.4%, AMD dropped 2.4%, and Nvidia

According to Jin10, China Ocean Shipping (Group) Company (CNMC) announced on September 28 that it will invest 1.7 billion RMB in cash into its wholly-owned subsidiary Shanghai China Ocean Shipping Liquified Natural Gas Investment Company to optimize capital structure and enhance green, low-carbon

The Korean bond market experienced a sharp selloff on September 28, with 10-year bond futures plunging 147 ticks and the 10-year government bond yield surging 16.5 basis points as of 3:11 PM, yet domestic institutional investors displayed unexpectedly calm behavior. The steep decline reflected

US stock futures declined early Monday, with Nasdaq futures down 0.8% and S&P 500 futures down 0.3% as of 4:00 a.m. ET. The decline followed Brent crude climbing above $107 per barrel after President Donald Trump rejected Iran's proposal to reopen the Strait of Hormuz. Investors are preparing for a

According to Jin10, QatarEnergy has extended the force majeure period on liquefied natural gas shipments to Asia and Europe through November due to continued disruptions at the Strait of Hormuz. The company notified Pakistan and Bangladesh this week that LNG delivery cancellations will persist

According to Jin10 Futures, Shanghai Futures Exchange reported mixed warehouse inventory movements on September 28. Alumina warehouse inventory surged 239,693 tons day-over-day, while bitumen factory inventory dropped 38,330 tons, the largest decline among tracked commodities. Diene rubber inventory

Brent crude oil reached $100 per barrel today, climbing 2.70% intraday.

Silver and gold prices dropped sharply on September 28 at 3:02 PM amid growing expectations for US interest rate hikes. Silver spot prices fell 4.08% to $61.53 per ounce, while gold spot declined 2.40% to $4,176.38, marking gold's largest single-day drop since August 31 if sustained. Rising

WTI crude oil gained $2 intraday today (September 28), reaching $93.35 per barrel with a 2.19% increase.

According to Jin10 Data, European natural gas prices rose 2.4% on Monday, September 28, with the benchmark Dutch TTF contract climbing to 73.63 euros per megawatt-hour. The surge was driven by concerns that liquid natural gas supply disruptions could extend through winter following U.S. President

According to Jin10 Futures, on September 28, Dalian Commodity Exchange released daily warehouse receipts data for chemical futures contracts. Polyvinyl chloride (PVC) warehouse receipts stood at 118,642 units, down 882 units from the previous trading day. Polypropylene warehouse receipts

According to Jin10, Eurozone government bond yields opened slightly lower on September 28, but the market remains vulnerable amid elevated oil prices and substantial debt supply. Belgium will issue debt on Monday, followed by the Netherlands and Italy on Tuesday, Germany on Wednesday, and Spain and

According to Jin10, as of 15:17 on September 28, China's domestic futures contracts recorded significant capital movements. The CSI 300 Index futures (Dec contract) led inflows with 20.19 billion CNY, followed by China A-50 Index futures at 16.18 billion CNY and CSI 1000 Index futures at 11.55 billi

According to Jin10 data on September 28, oil prices drove higher market expectations for a Bank of England rate hike in November. Brent crude futures rose 2.3% to $106.7 per barrel amid unresolved U.S.-Iran tensions. LSEG data showed market probability of a November BoE rate increase at 81%, up