Commodities (Crude Oil & Copper) & Macro Outlook

According to SaxoBank, Middle East supply concerns continue to fuel U.S. producer price inflation, with diesel prices surging to drive PPI gains. Bond yields across the eurozone and U.S. have climbed significantly, while gold, copper, and equity markets face concurrent selling pressure. Markets

According to Shanghai Futures Exchange data, major industrial metals showed mixed warehouse receipt movements on September 11. Copper futures receipts declined 301 tonnes to 20,854 tonnes; aluminum fell 1,526 tonnes to 212,073 tonnes; and zinc increased 546 tonnes to 93,201 tonnes. Among precious me

According to Jin10 Futures, on September 11, Shanghai Futures Exchange (SHFE) energy and chemical futures warehouse holdings saw notable changes. Fuel oil futures holdings cleared to zero, down 1,000 tonnes from the previous trading day. Pulp futures warehouse holdings increased to 412,791 tonnes, u

According to Business Insider, HSBC raised its 2027 Brent oil price forecast by $20 to $85 per barrel on September 10, citing prolonged supply disruptions from the ongoing U.S.-Iran conflict. The bank expects crude oil supplies through the Strait of Hormuz to recover gradually rather than quickly, e

According to China's National Development and Reform Commission (NDRC) on September 11, the government implemented temporary price controls on domestic gasoline and diesel to mitigate impact from rising international crude prices amid the escalating U.S.-Iran conflict. Under normal market

South Korea's KOSPI index closed down over 2% on the 11th, pressured by rising international oil prices and surging global interest rates. The benchmark index fell 124.01 points (1.76%) to close at 6,909.91, driven by investor concerns over potential military conflict between the United States and I

Saudi Crown Prince Mohammed bin Salman called US President Donald Trump twice on local time May 10 to request strikes against Houthi rebels, according to US media outlet Axios. Trump declined the requests, marking a significant policy shift for Saudi Arabia, which stated in July it could handle the

According to Yonhapinfomax, South Korea's KOSPI index fell 1.76% on September 11, closing at 6,909.91 points amid concerns over rising international oil prices and surging global interest rates. Brent crude futures climbed to $107.95 per barrel intraday, while U.S. West Texas Intermediate crude

According to the Turkish Anadolu Agency, Pakistan received its first liquefied natural gas (LNG) shipment from Qatar since July on Thursday (September 11). The tanker Al Marrouna, carrying approximately 82,000 tons of LNG from Ras Laffan, transited the Strait of Hormuz and docked at Karachi's

According to Xinhu Futures analysis via Guru Club, tin prices fell sharply recently, with Shanghai tin futures breaking through 410,000 yuan/ton, down nearly 6% from the previous high above 430,000 yuan/ton. The decline was driven by multiple macro factors: Middle East tensions boosting crude oil to

According to Ukraine's agricultural minister, Ukraine exported 630,000 tons of grain during September 1-9, including 380,000 tons of cereals.

According to Guru Club, on Sept 11, China's energy and chemicals futures board fell sharply. Crude oil narrowed losses to 4% after rallying nearly 9% earlier, while fuel oil dropped 3%. Ethylene glycol fell 5%, methanol lost

LPG (liquefied petroleum gas) main contract futures declined more than 2% intraday today, trading at 6,781 yuan per ton.

According to market sources including Jin10 Futures, East Asia port inventory of ethylene glycol hit an all-time low of 120,000 tons this week, with supply further tightened by Middle East geopolitical tensions and narrow Strait passage affecting imports. Projected August shipments are expected to

According to Jin10 futures data and Kpler, VLCC (very large crude carriers) daily earnings on the Middle East-China route surged to nearly $800,000, marking a historic peak. The U.S. Gulf to Asia liner all-in rate reached $29.5 million, driven by ongoing Red Sea geopolitical conflicts and extended s

Intraday on September 11, Brent crude oil fell 3% to $102.99 per barrel, while WTI crude dropped nearly 3% to $97.68 per barrel, extending losses across both major benchmarks.

This afternoon, China's energy futures fell sharply. SC crude oil gains narrowed to 6% from earlier highs above 9%, while low-sulfur fuel oil (LU) gains shrank to 5%. Fuel oil and pure benzene edged lower, with plastics turning

According to Odaily, Brent crude oil (XBRUSD) retreated to $107.81 per barrel on September 11, representing a 24-hour gain of 5.6% based on Gate trading data.

According to Jin10 Data Center, the Chicago Mercantile Exchange (CME) metals commodity trading volume report for September 10 has been updated and is now available for review on the platform.

According to CME data reported by Jin10, on Sept 10, multiple commodity futures displayed mixed trends in trading volume and open interest. Precious metals saw broad gains: gold and silver both recorded higher volume and increased open positions. Crude oil futures also strengthened, with both WTI an