Commodities (Crude Oil & Copper) & Macro Outlook

According to vessel tracking data, six empty-laden liquefied natural gas tankers operated by Qatar are returning to the Persian Gulf as of September 7, signaling potential export recovery efforts. Kpler data shows another empty vessel recently transited the Strait of Hormuz toward Qatar. Qatar,

According to China Nonferrous Metals Industry Association Lithium Branch, on September 5, a court in Minas Gerais state, Brazil, issued an emergency order suspending all environmental permits for Sigma Lithium's operating subsidiary and requiring immediate cessation of mining operations at its

According to Guru Club, Brent crude oil rose 1% to $95.44 per barrel on September 7.

Russian Ambassador to India Denis Alipov declared in September 2026 that Moscow stands ready to supply India with as much crude oil as it needs, framing Western sanctions as illegitimate pressure tactics. India's imports of Russian crude peaked above 2 million barrels per day during 2025-2026,

According to Russian Ambassador to India Denis Alipov, in September 2026, Moscow declared it stands ready to supply India with unlimited crude oil, framing Western sanctions as illegitimate pressure rather than effective policy tools. India's Russian crude imports peaked above 2 million barrels

According to Jin10, as of September 7 at 11:33, China's futures market recorded notable capital flows across major contracts. In inflows, crude oil 2610 led with 764 million yuan, followed by rubber 2701 with 511 million yuan and 30-year Treasury bond 2612 with 473 million yuan. In outflows,

According to Yonhapinfomax, on the morning of September 7 (KST), U.S. stock index futures declined modestly amid stronger-than-expected U.S. employment data and heightened Middle East tensions. E-mini S&P 500 futures fell 0.06% to 7,717.00, while E-mini Nasdaq-100 futures declined 0.07% to 29,544.25

Sugar prices surged 21.5% in August, marking the highest monthly gain since October 2010's 24% increase, as extreme weather in Europe and Asia triggered supply disruption concerns. The rally was driven by forecasts of reduced European Union sugar beet harvests due to adverse weather and fears that E

According to CNBC, sugar prices surged 21.5% in August, marking the highest monthly gain since October 2010, as weather disruptions in Europe and Asia raised supply concerns. The European Commission estimated EU sugar production for the 2026/27 marketing year at 13.4 million tons, down 19%

According to Goldman Sachs, on September 7, oil prices could rally to $120 per barrel if attacks on shipping in the Middle East region increase. The bank's global commodities research co-head noted that risks of expanded and escalated shipping disruptions should not be ignored. Goldman Sachs also se

According to Shanghai Steel Union data released today (September 7), MMLC battery-grade lithium carbonate midpoint price dropped to 145,750 yuan per ton, down 750 yuan from the previous day's 4:30 PM reference price.

According to PANews, on September 7, U.S. and Canadian stock markets closed for the Labor Day holiday. CME equity index futures contracts ended trading at 01:00 Beijing time on September 8, while precious metals and crude oil futures contracts ended at 02:30 Beijing time on the same day. ICE

According to Yonhap Infomax, Seobu Thermal Power received bids totaling 11.4 trillion won for 2-year bonds on September 3, far exceeding the planned issuance of 100 billion won. The winning yield was set 17.3 basis points below the market reference rate. Three-year and five-year bonds also saw

According to Cathie Wood's forecast shared by Guru Club on September 7, artificial intelligence could drive global real GDP growth of up to 15% over coming years as part of a broader tech revolution spanning AI, robotics, energy storage, blockchain, and life sciences. Wood also projects that global

Sept. 7, Bitcoin recovered to above $80,000, still about 37% below this year's all-time high. Meanwhile, US federal debt has exceeded $40 trillion, the fiscal deficit remains at about 6% of GDP, and long-term borrowing costs remain high. BloFin analysts said in a report that the “currency debasement trade” has not failed but has entered its second phase: the drivers have shifted from simple debt expansion to market assessments of whether the government will take action to lower borrowing costs.

According to Guru Club, BR rubber futures main contract surged over 6% on September 7, trading at 15,815 yuan per ton.

Nouriel Roubini, the New York University professor known as 'Dr. Doom' for predicting the 2008 global financial crisis, warned on the 6th (local time) that while the economic boom from artificial intelligence (AI) industry expansion could continue, a US-Iran war could significantly impact

According to Business Insider, on September 6, economist Nouriel Roubini warned that an escalating Iran-U.S. conflict and prolonged Strait of Hormuz blockade could significantly impact inflation and interest rates, despite potential AI-driven economic growth. He flagged oil supply disruptions,

On Tuesday morning (September 7), Chinese commodity futures traded mostly higher, with synthetic rubber leading gainers by surging over 5%. Caustic soda rose over 3%, while 20 rubber and soda ash each gained nearly 3%. Natural rubber climbed over 2%. Among decliners, Shanghai gold and Shanghai

According to China Jinlian Creative Investment, as of September 7 (the sixth working day of the current pricing cycle), reference crude oil averaged $91.25 per barrel, representing a 4.04% increase. Based on this, domestic gasoline and diesel retail prices are expected to rise by 200 yuan per ton, w