Tag
commodities
19 articles
LME Copper Spread Hits Highest Level Since 2021 Squeeze
The Tom/next spread briefly reached $100 a ton Wednesday as long holders sitting on 130,000 tons of Jan. contracts pushed spot prices sharply above deferred futures.
Used Car Prices Rise Faster Than Bitcoin as Energy Supply Risks Mount
Jim Bianco flags 'bubblicious' used car inflation outpacing Bitcoin while Vance's Ukraine tanker request and North Sea well closures tighten the crude outlook.
Nikkei 225 Jumps 2% as CoreWeave Gains; CPI Data Approaches for Rate Path
Japan's benchmark index climbs to 66,890.02 as AI-linked shares advance; bond traders brace for U.S. inflation data that could reset rate-cut odds.
Sugar Futures Hit 5.25-Year Lows as India, Brazil Flood Global Supply
StoneX projects a 2.9 million metric ton surplus for 2025-26, while French trader Sucres et Denrees says data gaps obscure the full extent of oversupply.
Demand Destruction, Not Inventory Drawdowns, Contained Oil Prices During Supply Shock
Global oil supply losses of 11.1 million barrels per day failed to trigger a price surge as demand collapsed, but China's finite stockpiles signal a winter crunch.
Indonesia's Conflicting Nickel Quota Shows Drive Price Swings, Complicate Supply Outlook
Official denials of broad 2026 quota increases clashed with earlier expansion reports, whipsawing spot nickel prices and leaving traders without a clear read on Jakarta's production strategy.
Glencore's H1 EBITDA Surges 86 Percent on Copper Rally and Trading Desk Arbitrage
The diversified miner's first-half earnings jumped on a 39 percent copper price increase and near-record trading profits fueled by Middle East tensions and new tariff regimes.
China Centralizes Iron Ore Buying, Putting Miners' Margins at Risk
Beijing's state-backed CMRG now controls an estimated 70 percent of China's iron ore imports, shifting pricing power away from Rio Tinto, BHP and Vale.
El Niño Deepens Asia's Rice Supply Crisis After India Export Curbs
Rainfall deficits across Southeast and South Asia compound elevated fuel and fertilizer costs, threatening yields and regional food stability.
Vitol Pays $5.9 Billion to Traders as Annual Profit Halves to $4.2 Billion
The commodity giant returned capital to employee-owners through share buybacks even as profit fell sharply, reflecting a strategic focus on talent retention.
Tokenized Gold Hits $5 Billion as Digital Commodities Find On-Chain Home
Gold-backed tokens now represent over 90 percent of tokenized commodity value as investors seek stable blockchain assets
IEA Ready for Oil Release After Past Draw Depleted 20% of Strategic Stocks
Executive Director Fatih Birol said the agency stands prepared to coordinate additional strategic petroleum reserve releases if member nations request action
Venture Global Rises 24% on Strong LNG Demand and Project Progress
The U.S. liquefied natural gas developer draws institutional interest as global energy demand supports pricing and project milestones approach
El Nino Probability at 60 Percent for Second Half 2026—Commodity Inflation Risk Rises
United States forecasters predict a strong El Nino, potentially driving agricultural commodity prices higher and complicating central bank disinflation efforts
Geopolitical Risk Premium Hardens, Yields Climb as Hormuz Transit Signals Inflationary Tailwinds
A US-flagged Maersk ship transiting the Strait of Hormuz with military escort has amplified geopolitical tensions, signaling potential inflationary pressures that could impact central bank policy.
Aluminum Supply Hole Forecast Fuels Inflationary Pressures, Duration Risk Rises
JPMorgan's assessment of a significant aluminum supply deficit signals potential for sustained commodity-driven inflation, forcing a re-evaluation of central bank policy and duration exposure across fixed income portfolios.
Persian Gulf Mine Threat Fuels Oil Spike, Defense Gains — Who Profits from Rising Risk?
The U.S. Navy's escalating confrontation with Iranian mine-laying operations in the Strait of Hormuz is sending crude prices soaring, enriching defense contractors, and forcing a recalibration of global financial risk.
Asia Manufacturing Resilience Masks War-Driven Inflationary Pressures
Robust factory output across Asia provides a critical global economic anchor, yet escalating geopolitical tensions are now visibly driving up commodity prices, forcing central banks to confront persistent inflationary risks.
Inflation Shock: Pce Blowout Ignites Hawkish FED Fears, Rates Reprice
February's Core PCE surged to 3.8% annually, defying consensus and forcing markets to recalibrate 2026 rate cut expectations, signaling a prolonged fight against inflation.