Commodities
Mixed Day For Commodities
Base metals and crude oil rise, while livestock and lumber fall after a good run
Published ET
Sources: ϕpost, Factset data
NOTABLE GAINERS
- Thermal Coal (Zhengzhou Commodity Exchange) up 3.6% (YTD: 3.6%)
- Nickel (Shanghai) up 2.5% (YTD: 4.8%)
- Tin (Shanghai) up 2.4% (YTD: 26.3%)
- Brent Crude (ICE Europe) up 1.9% (YTD: 32.4%)
- Crude Oil WTI Cushing up 1.9% (YTD: 34.4%)
- Bonded Copper (Shanghai) up 1.7% (YTD: 25.1%)
- Aluminium (Shanghai) up 1.7% (YTD: 19.5%)
- Baltic Dry Index (Baltic Exchange) up 1.7% (YTD: 120.1%)
NOTABLE LOSERS
- Freightos Baltic North America East Coast To China/East Asia 40 Container Index down 7.8% (YTD: +50.1%)
- Pork Primal Cutout Butt down 7.5% (YTD: +39.3%)
- Rare Earth Gadolinium Oxide Spot Price Daily down 4.8% (YTD: +11.0%)
- Coking Coal (DCE) down 1.7% (YTD: +6.9%)
ENERGY
- WTI crude spot currently at US$ 64.95 per barrel, up 1.9% on the day (YTD: +34.4%); 6-month term structure in widening backwardation
- Brent crude spot currently at US$ 68.59 per barrel, up 0.7% on the day (YTD: +34.9%); 6-month term structure in widening backwardation
- Brent volatility at 31.3, down -0.5% on the day (12-month range: 24.7 - 100.4)
- Newcastle Coal (ICE Europe) currently at US$ 92.90 per tonne, unchanged (YTD: +15.4%)
- Natural Gas (Henry Hub) currently at US$ 2.90 per MMBtu, down -0.5% on the day (YTD: +14.7%); 6-month term structure in widening backwardation
- Gasoline (NYMEX) currently at US$ 2.09 per gallon, up 1.3% on the day (YTD: +49.1%); 6-month term structure in widening backwardation
- Low Sulphur Gasoil (ICE Europe) currently at US$ 544.00 per tonne, up 0.8% on the day (YTD: +29.2%); 6-month term structure in widening backwardation
BASE METALS
- Copper (COMEX) currently at US$ 4.50 per pound, down -1.0% on the day (YTD: +27.9%)
- Iron Ore (Dalian Commodity Exchange) currently at CNY 1,239.00 per tonne, down -0.6% on the day (YTD: +15.8%)
- Aluminium (Shanghai) currently at CNY 18,840 per tonne, up 1.7% on the day (YTD: +19.5%)
- Nickel (Shanghai) currently at CNY 129,440 per tonne, up 2.5% on the day (YTD: +4.8%)
- Lead (Shanghai) currently at CNY 15,145 per tonne, down -0.8% on the day (YTD: +3.6%)
- Rebar (Shanghai) currently at CNY 5,357 per tonne, up 0.6% on the day (YTD: +27.1%)
- Tin (Shanghai) currently at CNY 191,910 per tonne, up 2.4% on the day (YTD: +26.3%)
- Zinc (Shanghai) currently at CNY 21,820 per tonne, up 0.7% on the day (YTD: +6.5%)
- Refined Cobalt (Shanghai) spot price currently at CNY 350,500 per tonne, unchanged (YTD: +27.9%)
- Lithium (Shanghai) spot price currently at CNY 585,000 per tonne, unchanged on the day (YTD: +20.6%)
PRECIOUS METALS
- Gold spot currently at US$ 1,767.93 per troy ounce, up 1.3% on the day (YTD: -5.5%)
- Gold 1-Month ATM implied volatility currently at 10.98, up 1.6% on the day (YTD: -17.6%)
- Silver spot currently at US$ 25.90 per troy ounce, up 2.8% on the day (YTD: +0.6%)
- Silver 1-Month ATM implied volatility currently at 24.95, down -0.7% on the day (YTD: -38.8%)
- Palladium spot currently at US$ 2,946.94 per troy ounce, up 2.4% on the day (YTD: +17.4%)
- Platinum spot currently at US$ 1,202.15 per troy ounce, up 0.6% on the day (YTD: +13.6%)
- Rhodium (Johnson Matthey, New York 09:30) currently at US$ 29,400 per troy ounce, down -1.7% on the day (YTD: +70.1%)
- Iridium (Johnson Matthey, New York 09:30) currently at US$ 6,300 per troy ounce, unchanged (YTD: +140.4%)
AGRICULTURE
- Live Cattle (CME) currently at US$ 119.48 cents per pound, down -0.5% on the day (YTD: +6.0%)
- Lean Hogs (CME) currently at US$ 108.73 cents per pound, up 1.8% on the day (YTD: +53.1%)
- Rough Rice (CBOT) currently at US$ 13.37 cents per hundredweight, up 0.2% on the day (YTD: +3.8%)
- Soybeans Composite (CBOT) currently at US$ 1,539.25 cents per bushel, up 3.3% on the day (YTD: +13.8%)
- Corn (CBOT) currently at US$ 701.00 cents per bushel, up 5.7% on the day (YTD: +29.2%)
- Wheat Composite (CBOT) currently at US$ 745.50 cents per bushel, up 3.2% on the day (YTD: +5.1%)
- Sugar No.11 (ICE US) currently at US$ 17.08 cents per pound, up 4.0% on the day (YTD: +9.4%)
- Cotton No.2 (ICE US) currently at US$ 85.89 cents per pound, up 1.9% on the day (YTD: +8.6%)
- Cocoa (ICE US) currently at US$ 2,459 per tonne, down -1.6% on the day (YTD: -7.8%)
- Coffee Arabica (Colombia Excelso) currently at EUR 3,502 per tonne, down -0.4% on the day (YTD: +10.6%)
- Random Length Lumber (CME) currently at US$ 1,454.30 per 1,000 board feet, down -2.6% on the day (YTD: +48.0%)
- TSR 20 Rubber (Shanghai) currently at CNY 11,005 per tonne, up 2.6% on the day (YTD: +8.7%)
- Soybean Oil Composite (CBOT) currently at US$ 66.92 cents per pound, up 7.0% on the day (YTD: +38.9%)
- Crude Palm Oil (Bursa Malaysia) currently at MYR 4,421 per tonne, up 3.9% on the day (YTD: +11.6%)
SHIPPING
- Baltic Dry Index (Baltic Exchange) currently at 3,007, up 1.7% on the day (YTD: +120.1%)
- Freightos China To North America West Coast Container Index currently at 4,854, unchanged (YTD: +25.3%)
- Freightos North America West Coast To China Container Index currently at 765, down -2.9% on the day (YTD: +47.8%)
- Freightos North America East Coast To Europe Container Index currently at 495, unchanged (YTD: +47.3%)
- Freightos Europe To North America East Coast Container Index currently at 3,428, unchanged on the day (YTD: +78.2%)
- Freightos China To North Europe Container Index currently at 7,748, up 0.2% on the day (YTD: +58.7%)
- Freightos North Europe To China Container Index currently at 1,542, down -0.4% on the day (YTD: +12.1%)
- Freightos Europe To South America West Coast Container Index currently at 3,018, unchanged (YTD: +78.4%)
CARBON EMISSION ALLOWANCES (CO2)
- EUA futures front month (European Energy Exchange) currently at EUR 47.70 per tonne, up 0.5% on the day (YTD: +49.5%)