Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10 Futures, as of 11:41 on September 11, Chinese futures main contracts showed mixed capital flows. Inflows included Crude Oil 2610 with 1.522 billion yuan, Fuel Oil 2611 with 669 million yuan, and Shanghai Nickel 2610 with 383 million yuan. On the outflow side, CSI 1000 2609 led wit

According to Jin10 Futures, propylene in Shandong market hit 10,000 yuan/tonne on September 10, marking the highest level since October 2018 and surpassing the year-high set on March 9. During the week of September 7–10, Shandong propylene accumulated gains of 960 yuan/tonne, representing an

According to Jin10, ship transits through the Strait of Hormuz fell to 7 vessels on Thursday, down from 11 the previous day and well below the 10-day average of 15 vessels. Of the 7 vessels, 2 departed the strait while 5 entered. The data excludes vessels that may have disabled their automatic

According to ChainCatcher, on September 10, the S&P 500, Nasdaq, and Dow Jones closed lower for the fourth consecutive trading day. The Philadelphia Semiconductor Index declined approximately 2.66%. Among the Magnificent Seven, Apple (AAPL) rose 3.56%, while Alphabet posted modest gains, Microsoft h

According to Jinlian Coke, on September 11, coking plant operating rates surged significantly, releasing increased supply that pressured prices and reduced upside momentum for price rallies. Geopolitical premiums in crude oil continued to support the market, limiting significant downside. Market

Patrick Gaby, ING Americas Research Head, stated in a report on September 11 (local time) that the US 10-year Treasury yield approaching the 5% threshold represents a predictable progression, driven primarily by rising real interest rates amid fiscal burden concerns and expanded bond issuance

According to Jin10 Futures, China's LNG factory ex-works price rose to 6,116.53 yuan/ton this week (September 11), up 3.6% or 212.41 yuan/ton from the previous week. Supply tightness was driven by reduced feedstock injections from upstream and lower inventory levels at inland liquefaction plants,

According to Jin10, China's Mining Newspaper, under the auspices of the China Geological Survey, released the Global Mining Development Report 2026 on September 11. The report indicates that driven by global energy transition and compounded by supply chain volatility and international rules

According to Jin10 Futures, bitumen prices across China averaged 5,365.43 yuan per ton this week, up 317 yuan per ton or 6.28% week-over-week. The rally was driven by geopolitical tensions in the Middle East, where escalating conflicts in Iran and Saudi Arabia have led to repeated tanker attacks in

Australian bond yields surged to their highest levels in approximately 15 years as of 9:23 AM Korean time on the 11th, with the 3-year government bond yield rising 17.91 basis points to 5.0408%. The selloff was driven by a US Treasury bond rout that spread to Asian markets after Brent crude

According to Citibank analyst Paraz Siyed, Australia's 3-year government bond yields surged to 5.04% on September 11, marking the highest level since May 2011, as the Reserve Bank of Australia (RBA) faces mounting rate-hike expectations. The 10-year yield rose to 5.38%, while the 30-year yield

According to Guru Club, lithium carbonate futures contracts rallied on September 11, with losses narrowing to 7.91% to 130,680 yuan per ton, after earlier declining nearly 10%.

According to Jin10, as of 10:40 on September 11, several commodity options saw dramatic rallies. Ferrosilicon 2610 put option (6100 strike) surged 1,260% to 68.0 yuan/ton, while crude oil 2610 call option (820 strike) jumped 1,100% to 13.8 yuan/barrel. Ferrosilicon 2610 put option (6000 strike)

U.S. stock futures traded higher in the overnight session late Thursday, with Dow futures climbing 0.21%, the S&P 500 edging 0.13% higher, and Nasdaq-100 falling 0.09%, as investors await August Consumer Price Index data on Friday. According to CME FedWatch tool data, traders are pricing in a 72.4%

According to a Reuters survey, Japan's August core inflation held steady at 1.8% on September 11, with government subsidies offsetting upward pressure from Middle East-driven oil prices. The national consumer price index (CPI) is expected to rise 1.8% year-over-year, while core CPI remains flat

According to Guru Club, lithium carbonate futures contracts broke below the 130,000 yuan level on September 11, down more than 8%, hitting their lowest point since February 6.

According to Shanghai Metals & Market News, MMLC battery-grade lithium carbonate fell to 139,350 CNY/ton at midday trading today (September 11), down 3,500 CNY/ton from the previous day's 4:30 PM close.

Japanese stocks declined at the opening on September 11 as international oil prices surged to new levels. At 9:09 AM, the Nikkei 225 index traded at 63,548.99, down 1,721.96 points or 2.64% from the previous session, sliding from the 65,000 level to the 63,000 range.