Commodities (Crude Oil & Copper) & Macro Outlook

According to Shanghai Steel Union, battery-grade lithium carbonate (MMLC) fell to a midprice of 131,250 yuan/ton in early trading today (September 15), down 2,600 yuan/ton from yesterday's 4:30 p.m. close.

According to Jin10, on September 10, Wang Hongzhi, head of China's National Energy Administration, met Guillermo Nuevo, Peru's Energy and Mining Minister, who was attending the APEC Energy Ministers Meeting. The two sides exchanged views on cooperation in oil and gas, power, and renewable energy

According to Jin10 Futures, crude oil prices rebounded on September 15, improving market sentiment for ethylene glycol in Zhangjigang. Spot prices were quoted at 7,020 yuan/ton, with basis trading at 10+1080/1100 yuan/ton. For next week, basis is expected at 10+1000/950 yuan/ton, and October

Korean government bond futures opened mixed on September 15 as traders weighed conflicting signals from global markets. The 3-year bond futures fell 2 ticks to 102.66 while 10-year futures rose 2 ticks to 103.93 as of 9:06 AM, according to Yonhap Infomax. The lackluster direction reflected market

According to China's National Bureau of Statistics, raw coal output from large-scale industrial enterprises fell 7.7% year-on-year in August to 360 million tons, with an average daily output of 11.67 million tons. The month-on-month decline rate narrowed by 2.4 percentage points from July. For the f

According to China National Offshore Oil Corporation (CNOOC), construction has launched on the Bohaini Field Redevelopment Project in Qatar, marking China's largest contracted international offshore oil and gas engineering project. The project, with a total contract value of $4 billion, is located a

According to the National Bureau of Statistics, industrial natural gas output reached 21.4 billion cubic meters in August, up 0.8% year-over-year and reversing a 0.9% decline in July. Daily average output hit 6.9 billion cubic meters. For the first eight months of 2026, cumulative natural gas

According to China's National Bureau of Statistics, crude oil production from large-scale industrial enterprises reached 184.3 million tons in August, up 0.8% year-over-year, maintaining the same growth pace as July. Crude oil processing volume fell to 590.7 million tons in August, down 6.9%

China's industrial production rose 5.2% year-over-year in August, compared to 4.5% in the previous month, indicating an acceleration in manufacturing activity.

According to BlackRock's strategy team on Monday, the asset manager recommended increasing allocation to emerging market stocks, betting that artificial intelligence-driven demand will push up valuations of scarce resources. South Korea and Taiwan sit at the core of semiconductor and chip supply

According to YonhapInfomax, on September 15, USD/KRW traded around 1,347.30 won as market participants assessed Middle East geopolitical risks, rising oil prices, and expectations for U.S. Federal Reserve policy. WTI crude briefly surpassed $104 per barrel while the U.S. 10-year Treasury yield

According to Jin10, SC crude surged over 6% in early trading on September 15. Baocheng Futures noted the oil market remains anchored to developments in Middle East tensions, with near-term focus on conflict negotiations, strait transit data, and Saudi oil facility

Bitcoin (BTC) remains range-bound, currently trading at around $77,960 on September 15. U.S. Senator Cynthia Lummis said Democrats are still demanding changes to the CLARITY Act and that the negotiations have no end. The U.S. House Financial Services Committee is scheduled to review the Strategic Bitcoin Reserve Act on September 16, which would require research into increasing Bitcoin holdings through a budget-neutral strategy within five years. Macro Events & Crypto Highlights According to Coin

As of 09:30 Beijing time on September 15, WTI crude oil futures rose 0.61%, while U.S. natural gas futures declined 0.73%.

According to Jin10 Futures citing Golden Bull pricing data, on Sept 15 (the second working day of the adjustment cycle), China's domestic gasoline and diesel are set to rise 550 yuan/ton, with an adjustment rate of 9.40% and a reference crude oil price of $102.93 per barrel. The next adjustment

According to Guru Club's commentary from September 14, COMEX gold fell 1.56% to $4,340/oz as the 10-year U.S. Treasury yield surged past 5% for the first time since 2023, creating headwinds for precious metals. Brent crude oil broke through $108/barrel amid Middle East geopolitical tensions,

Wall Street analysts predict AI companies will not meaningfully slow development pace despite overnight tech stock declines, according to Business Insider. Marta Norton, chief investment strategist at Empower, stated the slowdown rhetoric contains a PR dimension, noting competitive pressures make ac

Asphalt futures rose 2.00% intraday to 5,624 yuan per ton on September 15. Low-sulfur fuel oil (LU) futures climbed over 2.00% to 5,615 yuan per ton.

US stock index futures rose in Asian trading on the morning of September 15, ahead of the Federal Reserve's rate decision scheduled this week. The E-mini S&P500 futures traded at 7,697.00, up 0.06% from the previous session, while the tech-focused E-mini