Commodities (Crude Oil & Copper) & Macro Outlook

Japanese stocks opened higher on September 28, with the Nikkei 225 rising 621.02 points (0.94%) to 66,985.22 as of 9:21 AM, following US market gains. Buying concentrated in AI and semiconductor stocks, with SoftBank Group and Advantest up over 3%, while September 28 is the final day to secure

According to Shanghai Steel Union, battery-grade lithium carbonate (MMLC) midprice fell to 122,900 yuan/ton today, down 5,000 yuan/ton from yesterday's 4:30 PM level.

According to MBK Partners, on September 28, the major Korean private equity firm issued a statement calling for the resignation of Kores Zinc Chairman Yoon Yun-beom and his family, citing massive debt accumulation and alleged misuse of company funds during a two-year management rights battle that be

Korean stocks delivered the highest returns among major domestic and international investment assets this year, with the KODEX200 ETF tracking the KOSPI 200 index surging 80.76% from January 2 to day 20, according to Daishin Securities asset performance analysis released on day 27. The ETF

According to Daishin Securities, the KODEX200 ETF, which tracks South Korea's top 200 large-cap stocks, has returned 80.76% since January 2, rising from approximately 60,460 Korean won to 109,285 won as of September 20. The performance significantly outpaced other major assets including crude oil (u

According to Foshan Jinkong Futures' September 28 report, methanol futures posted volatile price swings last week, with open interest rising 8.6% and daily average trading volume climbing over 20 percent. The volatility stemmed from competing cost and supply pressures: crude oil futures jumped

JP Morgan's James Sullivan warned on the 27th (local time) via CNBC that sustained oil prices above $100 per barrel could trigger stagflation risks even without significant economic slowdown. Sullivan, co-head of global fundamental research at JP Morgan, stated this scenario would mark the first

According to CNBC on September 27, James Sullivan, co-head of global fundamental research at JPMorgan, warned that sustained oil prices above $100 per barrel could trigger stagflation (high inflation amid economic slowdown) even without significant economic deceleration. Sullivan noted that food an

According to Guru Club, on September 28, methanol futures main contract surged 5% to 3,261 yuan/ton, while fuel oil main contract rose 4% to 4,428 yuan/ton. Liquefied petroleum gas futures also climbed, gaining more than 2%

Crude oil futures contracts surged 4.00% intraday on September 28, reaching 4,428 yuan per ton.

According to Yonhap News, South Korea's Procurement Service announced on September 28 that it will extend procurement market stabilization measures through year-end due to prolonged high oil prices triggered by Middle East tensions. The measures, originally set to expire at end of September, apply t

Bitcoin (BTC) has retreated from last week's high and is currently trading at around $84,140. Strategy founder Michael Saylor proposed a “Digital Rights Charter,” advocating five freedoms for digital assets: creation, issuance, ownership, transfer, and use. The U.S. Court of Appeals for the Sixth Circuit unanimously ruled that Kalshi's sports contracts are not futures exchange contracts and that gambling laws in Ohio and Tennessee apply to prediction markets. Macroeconomic Events & Crypto Hotspo

According to China's National Bureau of Statistics, the petroleum refining industry turned profitable from losses in January-August 2026, achieving total profits of 56.29 billion yuan, as announced on September 28. The raw materials manufacturing sector drove growth, with profits up 47.3 percent

Nine financial institutions forecast South Korean exports will exceed $100 billion in September, driven by a sustained semiconductor boom. According to a Yonhap Infomax survey conducted on September 28, the average export forecast for September reached $107.787 billion, representing a 63.55% year-on

According to Yonhapinfomax's survey of nine financial institutions, South Korea's September exports are forecast to exceed $107.78 billion, up 63.55% year-over-year. Semiconductor shipments are expected to surge 259.4%, reaching $34.13 billion, accounting for 47.8% of total exports despite fewer

According to Guru Club, the Shanghai Containerized Freight Index European route main contract rallied over 8% intraday on September 28, reaching 2,968 points.

At market open today, China's domestic futures markets showed broad gains with most major contracts rising. Asphalt led gainers with a nearly 4% surge, followed by methanol and pure benzene up nearly 3%, and fuel oil, SC crude, and low-sulfur fuel oil (LU) gaining over 2%. On the downside, silver

According to Jin10, on September 21, China's National Energy Administration held a meeting to assess natural gas supply and demand for the 2026-2027 heating season. The agency called on upstream oil and gas enterprises to increase reserves and production, accelerate injection rates to ensure

According to Kpler data released Monday, Middle Eastern crude oil exports rose to 12.8 million barrels per day in September, the highest level since fighting broke out in February, driven by increases from Saudi Arabia and the UAE. Saudi Arabia, the region's largest exporter, is expected to reach

From 00:15 to 00:30 (UTC) on September 28, 2026, BTC edged up 0.43% within 15 minutes, with a price range of 84426.9-84999.9 USDT and an Ampl of 0.68%. The current offer is around $84,240, with the price down just 0.06% over the past 24h, as the market remains in a narrow, low-volatility, low-participation consolidation pattern. The main drivers of this slight price fluctuation were multiple macro headwinds. First, the FED raised rates by 25 bps on September 16, marking the first rate hike since