Commodities

Energy And Livestock Up, Base Metals And Precious Metals Down To Close Out The Week

Baker Hughes US rig count up 3 for the week: Oil at 356 (vs 352 prior) and Nat Gas at 99 (vs 100 prior)

Published ET

Sources: ϕpost, FactSet data

Sources: ϕpost, FactSet data


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NOTABLE GAINERS

  • Freightos Baltic North America East Coast To China/East Asia 40 Container Index up 10.6% (YTD: 49.1%)
  • Freightos Baltic North America West Coast To China/East Asia 40 Container Index up 6.3% (YTD: 54.4%)
  • CME Random Length Lumber up 4.5% (YTD: 66.4%)
  • Pork Primal Cutout Picnic up 4.2% (YTD: 64.0%)
  • NYMEX Light Sweet Crude Oil (WTI) up 2.5% (YTD: 31.0%)
  • Shanghai International Exchange TSR 20 Rubber up 2.4% (YTD: 7.5%)
  • SHFE Rubber up 2.1% (YTD: -1.9%)

NOTABLE LOSERS

  • Zhengzhou Exchange Thermal Coal down -4.8% (YTD: 3.4%)
  • DCE Coking Coal down -4.4% (YTD: 9.3%)
  • SMM Rare Earth Terbium Metal Spot Price Daily down -2.5% (YTD: -14.0%)
  • Palladium spot down -2.4% (YTD: 13.8%)
  • Platinum spot down -2.3% (YTD: 9.4%)
  • DCE RBD Palm Oil down -2.2% (YTD: 23.2%)
  • ICE-US Sugar No. 11 down -2.2% (YTD: 7.6%)
  • COMEX Copper down -1.9% (YTD: 27.9%)
  • ICE Europe CO2 EUA Yearly down -1.8% (YTD: 58.2%)
  • Johnson Matthey Rhodium New York 0930 down -1.8% (YTD: 59.8%)
  • EEX European-Carbon- Secondary Trading down -1.8% (YTD: 61.2%)
  • DCE Coke down -1.7% (YTD: -18.1%)
Sources: ϕpost, FactSet dataSources: ϕpost, FactSet data

ENERGY

  • WTI crude front month currently at US$ 63.58 per barrel, up 2.5% on the day (YTD: +31.0%); 6-month term structure in widening backwardation
  • Brent crude front month currently at US$ 66.44 per barrel, up 2.0% on the day (YTD: +28.3%); 6-month term structure in widening backwardation
  • Brent volatility at 34.6, up 2.3% on the day (12-month range: 24.7 - 62.8)
  • Newcastle Coal (ICE Europe) currently at US$ 101.00 per tonne, up 1.3% on the day (YTD: +25.5%)
  • Natural Gas (Henry Hub) currently at US$ 2.91 per MMBtu, down -0.6% on the day (YTD: +14.5%)
  • Gasoline (NYMEX) currently at US$ 2.07 per gallon, up 1.0% on the day (YTD: +46.9%)
  • Low Sulphur Gasoil (ICE Europe) currently at US$ 546.50 per tonne, down 0.0% on the day (YTD: +29.9%)
Sources: ϕpost, FactSet dataSources: ϕpost, Refinitiv data

BASE METALS

  • Copper (COMEX) currently at US$ 4.51 per pound, down -1.9% on the day (YTD: +27.9%)
  • Iron Ore (Dalian Commodity Exchange) currently at CNY 1,145.00 per tonne, down -0.1% on the day (YTD: +12.2%)
  • Aluminium (Shanghai) currently at CNY 18,750 per tonne, down -1.5% on the day (YTD: +19.7%)
  • Nickel (Shanghai) currently at CNY 123,380 per tonne, down -1.6% on the day (YTD: +2.1%)
  • Lead (Shanghai) currently at CNY 15,555 per tonne, up 0.8% on the day (YTD: +6.2%)
  • Rebar (Shanghai) currently at CNY 4,931 per tonne, up 1.1% on the day (YTD: +21.2%)
  • Tin (Shanghai) currently at CNY 197,290 per tonne, up 0.5% on the day (YTD: +30.3%)
  • Zinc (Shanghai) currently at CNY 22,385 per tonne, up 0.1% on the day (YTD: +7.2%)
  • Refined Cobalt (Shanghai) spot price currently at CNY 346,500 per tonne, unchanged (YTD: +26.5%)
  • Lithium (Shanghai) spot price currently at CNY 615,000 per tonne, unchanged (YTD: +26.8%)
Sources: ϕpost, FactSet dataSources: ϕpost, Refinitiv data

PRECIOUS METALS

  • Gold spot currently at US$ 1,880.61 per troy ounce, up 0.2% on the day (YTD: -0.9%)
  • Gold 1-Month ATM implied volatility currently at 13.55, down -1.8% on the day (YTD: -13.2%)
  • Silver spot currently at US$ 27.55 per troy ounce, down -0.7% on the day (YTD: +4.5%)
  • Silver 1-Month ATM implied volatility currently at 30.38, down -2.2% on the day (YTD: -26.2%)
  • Palladium spot currently at US$ 2,783.06 per troy ounce, down -2.4% on the day (YTD: +13.8%)
  • Platinum spot currently at US$ 1,168.75 per troy ounce, down -2.3% on the day (YTD: +9.4%)
  • Rhodium (Johnson Matthey, New York 09:30) currently at US$ 27,250 per troy ounce, down -1.8% on the day (YTD: +59.8%)
  • Iridium (Johnson Matthey, New York 09:30) currently at US$ 6,300 per troy ounce, unchanged (YTD: +142.3%)
Sources: ϕpost, FactSet dataSources: ϕpost, Refinitiv data

AGRO

  • Live Cattle (CME) currently at US$ 117.68 cents per pound, up 0.9% on the day (YTD: +4.2%)
  • Lean Hogs (CME) currently at US$ 114.23 cents per pound, up 1.8% on the day (YTD: +62.5%)
  • Rough Rice (CBOT) currently at US$ 13.19 cents per hundredweight, down -0.7% on the day (YTD: +6.3%)
  • Soybeans Composite (CBOT) currently at US$ 1,526.25 cents per bushel, down -0.5% on the day (YTD: +16.0%)
  • Corn (CBOT) currently at US$ 659.50 cents per bushel, down -0.8% on the day (YTD: +36.3%)
  • Wheat Composite (CBOT) currently at US$ 674.25 cents per bushel, down -0.1% on the day (YTD: +5.3%)
  • Sugar No.11 (ICE US) currently at US$ 16.72 cents per pound, down -2.2% on the day (YTD: +7.6%)
  • Cotton No.2 (ICE US) currently at US$ 82.64 cents per pound, up 1.6% on the day (YTD: +6.0%)
  • Cocoa (ICE US) currently at US$ 2,456 per tonne, up 0.5% on the day (YTD: -5.6%)
  • Coffee Arabica (Colombia Excelso) currently at EUR 3,642 per tonne, up 0.4% on the day (YTD: +15.1%)
  • Random Length Lumber (CME) currently at US$ 1,453.00 per 1,000 board feet, up 4.5% on the day (YTD: +66.4%)
  • TSR 20 Rubber (Shanghai) currently at CNY 10,845 per tonne, up 2.4% on the day (YTD: +7.5%)
  • Soybean Oil Composite (CBOT) currently at US$ 65.49 cents per pound, down -0.4% on the day (YTD: +51.1%)
  • Crude Palm Oil (Bursa Malaysia) currently at MYR 4,390 per tonne, down -1.6% on the day (YTD: +12.9%)
Sources: ϕpost, FactSet dataSources: ϕpost, Refinitiv data

SHIPPING

  • Baltic Dry Index (Baltic Exchange) currently at 2,824, up 0.8% on the day (YTD: +106.7%)
  • Freightos China To North America West Coast Container Index currently at 5,366, unchanged (YTD: +27.8%)
  • Freightos North America West Coast To China Container Index currently at 799, up 6.3% on the day (YTD: +54.4%)
  • Freightos North America East Coast To Europe Container Index currently at 447, up 0.9% on the day (YTD: +23.1%)
  • Freightos Europe To North America East Coast Container Index currently at 4,274, unchanged (YTD: +128.7%)
  • Freightos China To North Europe Container Index currently at 9,042, unchanged (YTD: +59.7%)
  • Freightos North Europe To China Container Index currently at 1,753, unchanged (YTD: +27.5%)
  • Freightos Europe To South America West Coast Container Index currently at 3,054, unchanged (YTD: +80.5%)
Sources: ϕpost, Refinitiv dataSources: ϕpost, Refinitiv data

CARBON EMISSION ALLOWANCES (CO2)

  • EUA futures front month (European Energy Exchange) currently at EUR 51.75 per tonne, down -1.8% on the day (YTD: +58.2%)
Sources: ϕpost, Refinitiv data