Commodities (Crude Oil & Copper) & Macro Outlook

SD Guthrie's chief executive officer expects crude palm oil prices to remain between 4,600 and 5,000 Malaysian ringgit per tonne for the remainder of 2026.

According to Guru Club, soda ash futures contracts rose 4% intraday to reach 998.00 yuan on August 11.

According to Guru Club, China's coke futures main contract rose 4% during intraday trading on August 11, reaching 1,325.50 yuan.

According to Bloomberg, Indonesia's Gresik smelter halted operations over the weekend due to a boiler leak and will suspend work for several weeks for assessment and repairs, delaying copper exports. The facility processes ore from the Grasberg mine and supplies major buyers who have been notified o

According to Guru Club, coking coal futures rose 3% intraday on August 11, trading at 1,313 yuan.

According to CME data on August 10, energy and precious metals futures displayed divergent trading activity. WTI crude oil volume rose to 798,985 contracts with open interest at 1,890,456, up 44,275 contracts in volume but down 9,590 in open interest from the previous trading day. Natural gas volume

According to Guru Club, Maersk's AE19 route returned to the Suez Canal today, signaling rising expectations for Red Sea shipping recovery. The announcement triggered a significant decline in container shipping futures on European routes, with prices falling more than 6% as market participants

According to Jin10 Futures, yesterday (August 10), CBOT soybean oil market closed significantly higher, supported by strong crude oil prices. Malaysian palm oil also rose yesterday, hitting a four-month high amid gains in competing oil

According to Yonhapinfomax, S&P 500 E-mini futures rose 0.11% to 7,785.25 points on the morning of August 11, while Nasdaq-100 E-mini futures gained 0.31% to 29,829.25, as markets adopted a cautious stance ahead of key U.S. inflation indicators. The advance was tempered by geopolitical risks and

In early trading close on August 11, crude oil futures maintained strong momentum, driven by the stalemate in U.S.-Iran negotiations. Meanwhile, Maersk's downward price adjustment confirmed the off-season downturn in spot shipping markets. Combined with a partial retreat of

Goldman Sachs co-head of global banking and markets Ashok Varadhan advised investors to stay invested in US stocks despite recent concerns over interest rates and oil prices. Speaking on a recent Goldman Sachs podcast, Varadhan cited three key reasons for his optimism: the Federal Reserve is not

According to CNBC, on August 10, Ashok Varadarajan, co-head of global banking and markets at Goldman Sachs, recommended investors maintain positions in U.S. equities despite current concerns over interest rates and oil prices. During a Goldman Sachs podcast appearance, Varadarajan cited the

The Strait of Hormuz, the world’s most important energy transportation chokepoint, has once again become the center of a storm in global financial markets. On Monday, U.S.-Iran negotiations over reopening the strait reached an impasse after the Trump administration demanded compensation from Iran. International oil prices then skyrocketed, with WTI 原油 rising 4.16% to $81.71 per barrel, according to Gate market data, while 布伦特原油 broke above $86.80 per barrel, marking four consecutive gains. {curr

According to sources, the Abu Dhabi National Oil Company (ADNOC) launched a tender offering spot crude oil for loading in October and November. This marks the eighth such tender since early June 2026.

According to Park Sang-hyun of iM Securities, the yen/dollar exchange rate bounced back to 159.08 on August 11 (as of 10:45 a.m.), despite coordinated intervention by U.S. and Japanese authorities. After spiking to nearly 164 yen in late July, the rate fell to the mid-155 range following joint

According to Shanghai Steel Union data released today, battery-grade lithium carbonate (MMLC) midday price remained unchanged at 144,750 yuan/ton compared to yesterday's 4:30 p.m. closing level.

South Korea's Vice Minister of Trade, Industry and Energy Moon Shin-hak met with Tajikistan's First Vice Minister of Industry and New Technologies Isozjon Kurbonzoda on the 11th to discuss critical mineral cooperation and industrial-economic projects. The meeting focused on preparations for the 1st

According to YNA, South Korea's Ministry of Industry held an emergency meeting on August 11 in response to U.S. tariff measures on polysilicon and its derivatives announced by the U.S. government on August 6. The U.S. set minimum import prices of $21 per kilogram

LPG main contract futures rose 100 yuan intraday on August 11, reaching 5,338 yuan per ton, up 1.91%.

Brent crude oil reached $87 per barrel on August 11, up 0.10% during the intraday session.