Commodities (Crude Oil & Copper) & Macro Outlook

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

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