Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10 Futures, as of August 13 at 3:15 PM, China's index futures recorded significant fund inflows: CSI 1000 contracts received 2.088 billion yuan, CSI 500 index futures 2.024 billion yuan, and Shanghai-Shenzhen 300 1.906 billion yuan. On the outflow side, Shanghai silver contracts

According to Shanghai Futures Exchange (SHFE) data released by Jin10 on August 13, pulp futures warehouse inventory decreased to 369,231 tonnes, down 433 tonnes from the previous trading day. Pulp futures factory warehouse inventory remained unchanged at 20,000 tonnes. Other commodities

According to Shanghai Futures Exchange (SHFE) data released on August 13, key metal futures warehouse receipts posted mixed movements. Copper warehouse receipts increased 3,077 tonnes to 27,208 tonnes, while lead surged 4,463 tonnes to 65,691 tonnes. Aluminum declined 3,098 tonnes to 300,070 tonnes,

According to Iran's state media Fars News, a spokesman for Basij, a paramilitary organization under Iran's Revolutionary Guards Corps, stated that the Strait of Hormuz "remains under Iran's control and

HMM announced Q2 operating profit of KRW 354.1 billion and revenue of KRW 3.402 trillion on August 13, driven by a freight rate rebound. Operating profit increased 51.87% year-over-year, while revenue rose 29.71%, though operating profit fell short of the market consensus of KRW 417.4 billion due

According to Guru Club, lean hog futures main contract rose 2% on August 13, trading at 12,295 yuan per ton.

According to Jin10 Futures analysis, aluminum market conditions shifted in the first half of 2026, with global demand growth decelerating while overseas production capacity accelerates. Aluminum supply is expected to surge by approximately 3.98 million tons in 2027 as high smelting profits

According to CME data released on August 13, trading activity in precious metals and energy futures showed divergent trends on August 12. Gold trading volume reached 186,126 contracts with open interest at 403,674 contracts, up 23,230 and 3,365 contracts respectively from the prior trading day.

Japan and the United States plan to develop deep-sea rare earth resources near Minamitorishima to build a supply chain independent of China. Japanese Prime Minister Takaichi Sanae discussed the cooperation with US President Trump during her March White House visit; the summit statement noted that so

According to reports, Japan and the U.S. plan to commercialize deep-sea rare earth mining off Minami-Tori Island by March 2028, targeting depths around 6,000 meters. In February 2026, Japan's marine research agency JAMSTEC recovered approximately 50 metric tons of rare earth-bearing mud from the

According to the National Energy Administration, China's green certificate price index closed at 222.8 points in July 2026 (with January 2025 as the base period at 100 points), rising 23.1% month-over-month and 11.2%

In the first half of 2026, TAQA (Abu Dhabi National Energy Company) recorded a decline in oil and gas output, attributed to the scheduled retirement of its UK North Sea assets.

SK Hynix reduced its credit bond purchases to 200 billion won this week, a sharp decline from the multi-trillion won weekly purchases the company maintained since early June. The semiconductor manufacturer purchased Korea Railroad Corporation 3-year bonds at 4.107% issued on the 12th. Bond market

During today's early session close, China's futures main contracts traded mixed. Glass fell nearly 3%, soda ash dropped over 2%, and alumina, foundry aluminum, and coking coal each fell over 1%. Urea, stainless steel, and Shanghai aluminum declined near 1%. On the upside, synthetic rubber rose over

According to Jin10, China's refined oil prices are set for a cut of approximately 0.15 yuan per liter on August 14 at 24:00 (Saturday midnight), marking the fifth price reduction in 2026. The cut is driven by international crude oil prices declining during the adjustment cycle. A private vehicle

According to Jin10 Futures, Mongolia's emergency command for fuel supply held a meeting on August 12, announcing increased imports to alleviate fuel shortages. In August, the country will import 50,000 tons of AI-92 gasoline and an additional 15,000 tons of Euro-5 standard fuel from Russia,

Coinbase announced on Aug. 11 that eligible UK professional investors will gain access to more than 170 derivatives contracts across crypto, commodities, equities, and foreign exchange. Keith Grose, UK head of the crypto exchange, wrote in a company blog post that the rollout follows Coinbase's

According to Shanghai Metals Market, MMLC battery-grade lithium carbonate traded at 148,000 yuan/ton on Aug 13 morning, down 250 yuan/ton from the previous day's 4:30 p.m. closing price.

According to the American Automobile Association (AAA), U.S. gasoline prices reached $4.036 per gallon nationally on August 12, up 0.60% (0.024 dollars) from the previous day. Patrick De Haan, an analyst at GasBuddy, noted that this marks the highest national average price ever recorded on or

According to Jin10, Shanghai issued an action plan on August 13 to promote private investment, supporting private enterprises to participate in state-approved railway, nuclear power, hydropower, cross-province electricity transmission, oil and gas pipeline, LNG facility, and water supply projects.