Commodities (Crude Oil & Copper) & Macro Outlook

According to Kpler vessel tracking data, the number of commercial ships passing through the Strait of Hormuz fell to a 3-month low on August 24.

According to Kpler, only one commodity vessel passed through the Strait of Hormuz on Monday (August 25), marking the lowest level since May 7. The vessel was an ultra-large liquefied natural gas carrier entering the strait from the Gulf of Oman, compared with six vessels that transited on

According to Jin10 Futures, imported benzene shipments arrived at East China major ports on August 25, driving pure benzene prices lower. Weak crude oil prices and minimal typhoon-related discharge delays supported the market influx. Meanwhile, crude oil futures saw profit-taking amid questions

According to Guru Club, lithium carbonate futures' main contract fell over 5% on August 25, trading at 151,500 yuan per ton.

From 02:15 to 02:30 (UTC) on August 25, 2026, BTC surged from 79,818.9 USDT to 81,075.3 USDT within 15 minutes, posting a 1.57% gain with a 1.57% amplitude and reaching a new 24-hour high. Risk-asset sentiment rebounded significantly, with the bid-to-ask depth ratio across the top five levels reaching 2.57. Bids clearly dominated, and market attention increased sharply. The primary driver of this move was the United States imposing “economic D-Day”-level sanctions on Iran, cutting off its oil re

According to India's Directorate General of Foreign Trade, on August 24, the country lifted its four-year wheat export ban by changing the policy from prohibited to free trade. As the world's second-largest wheat producer, India had restricted wheat exports since May 2022 to control domestic

Japan's Minister of Economy, Trade and Industry Akira Akasaka announced that the government will not release strategic oil reserves during September and October.

According to Shanghai Steelhome, battery-grade lithium carbonate (MMLC) midprice stood at 157,200 yuan/ton this morning on August 25, down 850 yuan/ton from the previous day's 16:30 closing level.

A Japanese cross-party parliamentary delegation departed August 24 for China, seeking meetings with senior Chinese Communist Party officials to repair bilateral relations strained after Prime Minister Takaichi Sanae's Taiwan remarks. The visit aims to address China's rare earth export restrictions t

According to CTWANT, a three-member Japanese parliamentary delegation departed for China on August 24 to meet with top Communist Party officials and attempt to repair bilateral relations, particularly seeking resumption of rare earth mineral supplies. The delegation comprises one member from the

According to reports, President Trump said Monday that the U.S. desperately needs Canadian aluminum, stating "We have no aluminum. Most of our aluminum comes from Canada, and we need it very much." On the same day, Trump proposed building an aluminum plant in Inola, Oklahoma, writing on social

The Canadian government will announce retaliatory tariffs against the United States on May 25 (local time), according to foreign media reports citing a government statement on May 24 (local time). Four cabinet ministers including Innovation Minister François-Philippe Champagne and Foreign Minister M

US President Donald Trump threatened to impose 50% tariffs on Canadian automobiles, trucks, auto parts, and steel effective January 1, escalating a trade conflict between the two nations. The Trump administration already imposed 50% tariffs on approximately $20 billion worth of Canadian imports

According to Vietnam's Ministry of Industry and Trade, on August 22, Vietnam made a final determination in its third anti-dumping review of H-beam steel originating from China, reducing anti-dumping duties from 13.38% to 6.78% for manufacturers and exporters Hebei Jinxi Type Steel, and its

As of 09:30 Beijing time on August 25, New York gold futures rose 0.34%, silver rose 0.30%, and copper rose 0.20%.

Bitcoin (BTC) continued to rebound, trading at around $79,750 as of August 25. The United States imposed a new round of sanctions on Iran targeting sectors including digital assets and oil. Treasury Secretary Bessent called the move “economic D-Day.” Japan plans to ease restrictions on large stablecoin payments, with individual transactions potentially exceeding ¥1 million. Macro Events & Crypto Highlights The Block reported that the U.S. Treasury announced a new round of sanctions on Iran targe

According to Jin10 Futures, as of 09:20 on Aug 25, several commodity options recorded significant gains. Fuel oil 2610 call option (strike 4900) surged 255.56% to 64.0 yuan/ton, while fuel oil 2610 call option (strike 4650) jumped 200.0% to 105.0 yuan/ton. PVC 2610 put option (strike 4400)

According to official announcement reported by PANews on August 25, Entropy.io, the HIP-3 deployer on Hyperliquid, completed a $14 million funding round led by Ribbit Capital and secured $40 million in HYPE token collateral support. Entropy enables perpetual futures trading on global stocks,

According to Yonhap Infomax, Hanwha Aerospace established Hanwha Horizon USA subsidiary today (August 25) to enter the global LNG business. The subsidiary will serve as the control tower for Hanwha's LNG operations, handling procurement, trading, and logistics optimization. Hanwha Horizon USA will supply fuel to Hanwha Energy's Yeosu LNG power plant, which is scheduled to begin commercial operations in 2029, and plans to expand LNG supply to domestic and overseas power generation and energy comp

Bitcoin rebounded further to $79,598 on August 25, gaining approximately 27% over the past month. Multiple analysts view $83,000 as the next key resistance level. From August 17–23, Strategy sold 18.26 million MSTR shares through its at-the-market (ATM) program, raising approximately $2 billion, but did not purchase any new Bitcoin this week. Multiple Analysts Set $83,000 Bitcoin Target Four major analysts share a common focus on $83,000 in their outlooks, though each emphasizes different factor