Commodities (Crude Oil & Copper) & Macro Outlook

In June 2026, China imported 112.69 million tons of iron ore and iron ore concentrates, up 6.4% year-over-year, according to official customs data.

China imported 13.547 million tons of soybeans in June, marking a 10.5% increase year-over-year, according to customs data.

According to China's General Administration of Customs, the country imported 17.43 million tons of refined oil in the first half of 2026.

According to China's General Administration of Customs, the country exported 23.593 million tons of refined oil products during the first half of 2026.

According to Shanghai Steelhome data, battery-grade lithium carbonate (MMLC) spot price rose 250 yuan/ton to 153,700 yuan/ton in early trading today (July 14), compared to the previous day's 16:30 closing

China's June exports surged 27% year-over-year, accelerating from 19.4% growth in the previous month, according to official trade data.

According to CME FedWatch tool, as of July 13, the Federal Reserve's probability of raising rates by 25 basis points at its July 29 meeting surged to 46.5%, up from 34% the previous day. The shift reflects growing market concerns over renewed U.S.-Iran tensions and rising oil prices. President

According to Chinese Customs, China's cargo trade imports and exports reached 25.47 trillion yuan in the first half of 2026, up 16.9% year-over-year. Exports totaled 14.73 trillion yuan, rising 13.4%, while imports hit 10.74 trillion yuan, up 22.1%. In June alone, monthly trade volume was 4.78 trill

Intraday today (July 14), LPG futures main contract surged 6.00%, currently trading at 5,188 yuan per ton.

The Shipping Costs Index European route main contract surged over 5% during today's trading session, now standing at 2544.5 points.

According to Iran's Islamic Revolutionary Guard Corps (IRGC), two allegedly illegal supertankers were attacked in the Strait of Hormuz on July 14 and lost propulsion. The vessels had reportedly disabled their navigation systems and ignored warnings while attempting to force passage through the

According to Jin Lian Chuang, as of July 14, the seventh working day of the pricing cycle, China's domestic gasoline and diesel prices are expected to rise 80 yuan per ton when the adjustment window closes on July 17 at midnight. The current change rate stands at 1.49% with the benchmark crude oil a

From 2026-07-14 00:45 to 01:00 (UTC), BTC increased by 0.38% within 15 minutes. The price ranged from 62,310.6 to 62,663.5 USDT, with an amplitude of 0.57%. In the previous 24 hours, BTC declined from a high of 63,994 USDT to 62,503 USDT, a drop of about 1.89%, exhibiting a surge-then-retrace pattern that indicates intensified tug-of-war between bulls and bears. The main drivers behind this unusual movement are the ongoing escalation of the US-Iran military conflict. The US Central Command launc

According to Guru Club, Chinese commodity futures surged at market open on July 14, with SC crude oil and fuel oil (the two top gainers) up over 8%. Low-sulfur fuel oil rose over 7%, while polypropylene, asphalt, and ethylene glycol each gained over 6%. Shanghai silver fell nearly 3%, the only

According to Yonhapinfomax, on July 14, U.S. stock index futures fell amid escalating Middle East tensions after President Trump announced plans to reinstate sanctions on Iranian vessels. E-mini S&P 500 futures declined 0.20% to 7,548.00, while E-mini Nasdaq 100 futures dropped 0.08% to 29,456.75 as

According to Yonhapnews, on July 14, South Korean refining stocks surged amid Middle East tensions and rising crude oil prices. SK Energy-affiliated Heungkuk Petroleum gained 14.09% to 13,280 Korean won as of 9:30 a.m., with intraday high reaching 13,990 won. The rally extends a second

According to New York Times, President Donald Trump declared a 20% toll on vessels passing through the Strait of Hormuz on July 13, raising concerns across the shipping industry. According to ING Research senior economist Rico Lumanm, the toll could potentially double transportation costs for shippi

According to Onchain Lens, a trader with a history of $2.49 million in losses opened a 15x leverage long position on BRENTOIL on July 14. After the crude oil rallied over 7.9%, the trader is using approximately $568,900 in account equity to support a $2.6 million position, with zero available

According to Onchain Lens, a Hyperliquid trader's $1.56 million BRENTOIL short position was fully liquidated in recent hours (July 14), resulting in a realized loss of $38,100, as Brent Oil rose 7.99% over the

On July 13, U.S. stock indices fell sharply as geopolitical tensions escalated. The Nasdaq declined 1.55%, S&P 500 dropped 0.79%, and Dow Jones fell 0.26%. The decline followed President Trump's announcement to reinstate a maritime blockade on Iran and impose a 20% tariff on vessels transiting the S