Commodities (Crude Oil & Copper) & Macro Outlook

According to South Korea's exchange, Kosdaq rose 0.02% to 830.57 on September 10 as Middle East geopolitical tensions escalated, while Kospi fell 0.66% to 7,005.07. Crude oil prices surged on supply concerns: Brent crude exceeded $100 per barrel, and WTI crude rose 3% to $96.05. U.S. Treasury

According to remarks on September 10, Masuda Kazuyuki, a BOJ Policy Board member, called for additional rate increases to firmly anchor policy rates within the estimated neutral rate range, citing rising global inflation pressures. Masuda noted that many central banks worldwide have begun hiking rat

According to Seoul Bond Market data, South Korea's 10-year government bond yield rose to 4.465% on September 10, marking the highest level since October 2022. The benchmark 3-year yield climbed 3.6 basis points to 3.946%. The broader yield curve steepened as longer-dated rates gained more than

According to Jin10 Futures, on September 10, 2026, hot-rolled coil, stainless steel, and low-sulfur fuel oil options launched on Shanghai Futures Exchange with 236 contracts listed on the first trading day. The three American-style options are simultaneously open to qualified foreign investors

According to JinLianChuang, China's natural gas ex-factory price is expected to hold in the range of 6,500-7,300 yuan per ton (approximately $890-1,000/ton) during the winter season, driven by elevated import costs and tight supply-demand dynamics. The forecast assumes continued Middle East supply t

According to Jin10 Futures, polyethylene (LLDPE) prices rose to 8,930–9,650 yuan/ton as of September 8, up 300 yuan/ton from September 1. Rising Middle East tensions and reduced Strait passage rates have driven crude oil prices higher, strengthening cost support for PE. Domestic supply remains

According to Guru Club, pure benzene hit the daily limit up on September 10, with SC crude oil and styrene rising over 5%. Propylene and fuel oil gained over 3%, while plastic contracts, asphalt, para-xylene, and polypropylene gained over 2.5%. Rapeseed oil declined over 2%, while palm oil,

According to Guru Club, China's National Energy Administration released the "Measures on Information Disclosure and Reporting of Fair Open-Access for Oil and Gas Pipeline Facilities" on September 10, effective January 1, 2027. The measures establish that oil and gas pipeline operators are

US stock indices fell on Wednesday as oil prices surged past $101 per barrel and Treasury chief Scott Bessent expanded sovereign debt buybacks to $6 billion. The S&P 500 ended Wednesday 0.5% lower, the Nasdaq 100 fell 0.3%, and the Dow Jones Industrial Average dropped 0.8%. The decline followed

U.S. stock futures traded mixed in the overnight session late Wednesday, with Dow futures climbing 0.24% and S&P 500 edging 0.09% higher, while Nasdaq-100 fell 0.14% at 9:57 PM EDT. On Wednesday, all three benchmark indexes ended the session lower, with the Nasdaq Composite shedding 0.64% to close a

According to Jin10 Futures, on September 10, PTA prices continued to rise as crude oil costs increased following escalating U.S.-Iran tensions and a fire at Saudi Arabian oil facilities. Crude oil prices remained elevated, strengthening cost support for PTA, with market participants concerned

Korean retail investors net purchased 41.8 billion won in KODEX WTI Crude Oil Futures Inverse(H) from the 1st to 10:45 AM on the 10th, betting on oil price declines as international crude prices surpassed $100 per barrel. The inverse product ranked 10th in net buying among domestic listed ETFs,

According to Korea Exchange and KOSCOM, as of 10:45 a.m. on September 10, South Korean retail investors accumulated 41.8 billion won ($31.4 million) in net purchases of KODEX WTI Crude Oil Futures Inverse ETF, ranking 10th among domestic listed ETFs. The inverse product tracks -1x daily returns of W

According to Guru Club, lithium carbonate futures contracts broke below the 140,000 yuan mark on September 10, with intraday losses near 2%, marking the first break below this level since August 10.

According to statements on Sept 10, the United States and Venezuela announced a historic agreement to jointly develop the South American nation's oil fields. President Trump declared at the Republican National Convention that Venezuela's proven reserves of 6.5 billion barrels are sufficient for Amer

Japanese stocks opened lower on the morning of September 10, with the Nikkei 225 index falling 363.13 points (0.56%) to 64,779.65 at 9:16 AM, driven by escalating Middle East tensions and rising US interest rates. The decline followed overnight losses in US markets as Brent crude oil

According to Shanghai Steel Union, battery-grade lithium carbonate (MMLC) futures fell to 142,850 yuan per ton in early trading today (September 10), down 100 yuan per ton from yesterday's 4:30 p.m. close.

On September 10, 2026, Brent crude futures Settlement Price climbed above $101.21 per barrel, while WTI crude approached $96, with both posting their highest closing levels since late May. The direct catalyst for this rally was the ongoing US-Iran military confrontation in the Strait of Hormuz region—the US military launched an Invasion targeting Iranian oil tankers and other targets near Kharg Island, while Iran retaliated with ballistic missiles and declared the strait a “restricted zone.” {cu

According to Yonhap Infomax, South Korea's 10-year government bond futures fell 50 basis points to 104.62 on September 10 morning, driven by surging crude oil prices and geopolitical tensions. Brent crude for November delivery rose 3.36% to $101.21 per barrel overnight—its third consecutive day of g

According to Jin10, ethylene glycol prices in Zhangjiagang rose on Sept 10 amid crude oil's record highs. Spot market quotes reached 7,120–7,140 yuan/ton, with the spread at 10+1,000–1,020 yuan/ton for nearby delivery and 10+920–900 for next