Commodities (Crude Oil & Copper) & Macro Outlook

South Korea's carbon emission allowance prices reached 25,900 won per ton, marking a 2.5-fold increase from the sub-10,000 won levels seen at the end of last year. The surge stems from the government's strengthened decarbonization policy under the 4th planning period (2026-2030), which reduced

According to Yonhapinfomax, South Korea's carbon emission allowance prices for 2025 contracts hit 25,900 won per ton on July 29, surging more than 2.5 times from late 2025 levels around 10,000 won. The contract briefly peaked at 29,700 won in early June, approaching the 30,000 won mark. Daily

According to reports on July 30, Malaysia Derivatives Exchange crude palm oil futures are likely to open higher on Thursday morning, tracking international crude oil gains. Brent crude oil surged nearly 8% on Wednesday as escalating Middle East airstrikes renewed tensions among the U.S., Israel,

According to Shenyin Wanguo Futures, the Federal Reserve held rates unchanged at its July 30 FOMC meeting, easing pressure on precious metals. Meanwhile, escalating U.S.-Iran tensions pushed oil prices higher. China's central bank has extended its gold reserve accumulation to 20 consecutive

According to Jinlian Creative, as of July 30, China's reference crude oil averaged 88.24 U.S. dollars per barrel with a change rate of 13.32%, prompting retail gasoline and diesel prices to rise 680 yuan per ton. The pricing adjustment window opens on July 31 at 24:00.

According to Jin10 Futures, the U.S. military confirmed strikes on Iran earlier today, sending crude oil higher. International oil markets remained volatile on the news, with prices climbing as geopolitical tensions weighed on energy markets.

According to Bitget, WTI crude oil fell 1% intraday on July 30, trading at $82.75 per barrel.

According to Gate data, WTI crude oil fell 1.00% to $82.75 per barrel today.

According to Gate data, WTI crude oil fell 1.00% intraday on July 30, trading at $82.75 per barrel.

According to China International Capital Corporation (CICC) research report, tungsten prices in China showed signs of recovery in July after stabilization, with overseas premium rates hitting record highs. The report noted that downstream and midstream segments of the domestic tungsten supply

According to Huatai Securities citing Xingluo Lithium Battery data, August battery production among sampled enterprises is projected at 198.8 GWh, up 8.9% month-over-month. Cathode material output is expected to reach 244,000 tons (up 3.5%), anode material 214,000 tons (up 4.9%), separator 2.23

According to BlockBeats, on July 30, Iran launched multiple missiles at U.S. military forces stationed in the Middle East, while U.S. forces conducted airstrikes on the Iran-Iraq border region. Iraqi Popular Mobilization Forces (PMF) reported that joint U.S.-Saudi airstrikes targeted multiple PMF he

According to Jin10 Futures, CBOT soybean oil futures fell 1.9% on Wednesday, tracking the broader soybean market decline. Traders attributed the pressure to improving weather prospects in the Midwest, which raised concerns about soybean supply

According to Financial Times on July 30, U.S. strategic petroleum reserves dropped 3.8 million barrels to 307.7 million barrels during the week through July 24, marking the lowest level since 1983. Commercial crude inventories also fell 7.2 million barrels. The decline comes as military tensions

US stock markets fell sharply on April 29 (local time) as the Dow Jones Industrial Average dropped 1153.18 points (2.19%) to 51,594.14, the S&P 500 declined 112.63 points (1.52%) to 7,316.15, and the Nasdaq Composite fell 433.97 points (1.74%) to 24,442.94, driven by a spike in long-term Treasury

According to Jin10 Futures, crude oil prices surged overnight on July 30 following escalating Middle East tensions. WTI crude rose 6.74% to $84.60 per barrel, while Brent crude climbed 7.35% to $88.11 per barrel. Iran attacked U.S. forces in the region, prompting a U.S.-Saudi counteroffensive;

According to media reports, international oil prices surged nearly 7% on Wednesday (July 30) as escalating military strikes in the Middle East dampened hopes for an imminent resolution to tensions between the United States, Israel, and Iran. The rally was further fueled by U.S. government data