Commodities (Crude Oil & Copper) & Macro Outlook

According to Jin10, China Merchants Heavy Industry (招商轮船) secretary Kong Kang said on September 7 during an earnings call that the tanker market's resilience and durability are expected to outperform market expectations. The company confirmed that fourth-quarter strength is largely

According to China's Ministry of Commerce, the authority has preliminarily determined that dichlorosilane imports originating from Japan are engaged in dumping and have caused material harm to the domestic industry. Effective September 8, 2026, importers must provide corresponding security

According to China's Foreign Ministry spokesperson Mao Ning on September 7, Beijing's cooperation with Venezuela is protected by international law and domestic legislation, unrelated to third parties and should not be subject to external interference. Mao emphasized that China's legitimate rights an

According to Jin10, Shanghai Futures Exchange warehousing receipts showed mixed movements on September 7. Copper inventories fell 2,466 tons to 23,315 tons, aluminum declined 3,843 tons to 219,874 tons, and zinc dropped 3,745 tons to 91,622 tons. Nickel rose 144 tons to 99,447 tons, while tin

According to China Energy Exchange (Shanghai Futures Exchange) data reported by Jin10 Futures on September 7, warehouse stocks for several energy and chemical products shifted today. Fuel oil warehouse stocks fell 11,450

China's domestic futures market closed mixed on the afternoon of September 7. Synthetic rubber led gains, surging over 4%, followed by 20 rubber climbing nearly 3%. Among decliners, manganese silicon and silicon iron both fell over 4%, while lithium carbonate dropped over 3%. Other commodities

According to Gate's data, WTI crude oil surged over 2% intraday today, reaching $91.07 per barrel. Brent crude climbed 1.9% to $96.27 per barrel.

According to Bloomberg, global oil traders, buyers, and executives are converging in Singapore this week for the S&P Global Energy Asia-Pacific Petroleum Conference (APPEC), as tensions resurface in the oil market following months of conflict-driven volatility. Discussions will focus on declining o

According to Jin10 Futures on September 7, polypropylene mainstream process units posted profit gains in August, supported by resilient crude oil prices on the cost side. Industry maintenance activity remains concentrated while new capacity additions are expected to remain weak, limiting near-term p

SC crude oil futures (Shanghai's benchmark crude index) surged over 3% intraday to 703.6 yuan per barrel, while asphalt futures extended gains to 2.00%, trading at 5,095 yuan per ton.

US diesel prices reached a record high of $5.85 per gallon on September 4, 2026, surpassing the previous peak of $5.82 per gallon set in June 2022. The 58% increase from $3.71 per gallon a year earlier stems from supply disruptions caused by the US-Iran conflict that began on February 28, 2026,

The national average retail price of diesel fuel in the United States reached $5.85 per gallon on September 4, 2026, setting a new all-time high and surpassing the previous record of $5.82 per gallon from June 2022. The price has surged 58% in the past year, rising from $3.71 a gallon in September 2

Intraday on September 7, Low Sulfur Fuel Oil (LU) futures main contract rose 2.00%, now trading at 5,056 yuan/ton.

Iron ore futures in Singapore surged 1.6% to $101.10 per ton today (September 7), marking the first time above the critical $100 psychological level since early summer. According to S&P Global analyst Pranay Shukla, the rally is primarily driven by position unwinding, as traders exit previous

Europe's government bond market is experiencing its worst selloff in years, driven by surging natural gas prices and geopolitical risk. Natural gas prices at the TTF hub, Europe's benchmark, have climbed past €75 per megawatt-hour, a level not seen since early 2023. Escalating tensions between the

Europe's government bond market is experiencing its worst selloff in years, driven by surging natural gas prices and geopolitical tensions. Natural gas prices at the TTF hub, Europe's benchmark, have climbed past €75 per megawatt-hour, the highest level since early 2023. The result: government bond

According to ChainCatcher, on Saturday (September 6), Bitcoin dropped 1% to $79,700 as U.S. Central Command struck Iranian oil tankers in the Persian Gulf region, pushing WTI crude prices up 1% to $92.72. Admiral Brad Cooper stated that additional economic costs would be imposed if Iran attacks U.S.

According to Guru Club, Brent crude oil futures rose 1% to $97.241 per barrel on Sept 7, with the gains extending during the trading session.

The Department of Energy announced on September 7 that fuel prices in the Philippines will increase starting September 8, with gasoline rising by P4.69 per liter, diesel by P5.18 per liter, and kerosene by P5.58 per liter. Energy Secretary Sharon Garin attributed the hike to renewed tensions

According to the Department of Energy, fuel prices in the Philippines will increase on September 8, with gasoline rising by P4.69 per liter, diesel by P5.18 per liter, and kerosene by P5.58 per liter. Energy Secretary Sharon Garin attributed the increases to renewed tensions in the Middle East