COMMO DATA RELEASES

• Baker Hughes U.S. Rig Count up 5 at 461
• Baker Hughes U.S. Rotary Gas Rigs down 1 to 96
• Baker Hughes U.S. Rotary Oil Rigs up 6 to 365

NOTABLE GAINERS

• NYMEX Henry Hub Natural Gas up 4.7% (YTD: 29.8%)
• Johnson Matthey Rhodium New York 0930 up 3.2% (YTD: 32.0%)
• SHFE Aluminium up 2.1% (YTD: 20.5%)
• SHFE Nickel up 2.0% (YTD: 8.7%)
• Silver/US Dollar 1 Month ATM Option up 1.9% (YTD: -33.6%)
• CME Cattle(Feeder) up 1.9% (YTD: 8.8%)
• Freightos Baltic Mediterranean To China/East Asia 40 Container Index up 1.4% (YTD: 13.9%)
• Coffee Arabica Colombia Excelso EP Spot up 1.4% (YTD: 21.4%)
• COMEX Copper up 1.1% (YTD: 29.2%)
• CME Live Cattle up 1.0% (YTD: 5.1%)
• NYMEX Light Sweet Crude Oil (WTI) up 0.9% (YTD: 46.1%)
  

NOTABLE LOSERS

• CME Random Length Lumber down -5.6% (YTD: 21.3%)
• CBoT Soybean Oil down -4.9% (YTD: 54.6%)
• Bursa Malaysia Crude Palm Oil down -4.7% (YTD: -0.8%)
• Johnson Matthey Iridium New York 0930 down -3.2% (YTD: 134.6%)
• SHFE Rubber down -3.1% (YTD: -9.5%)
• Shanghai International Exchange TSR 20 Rubber down -2.9% (YTD: 2.1%)
• CBoT Soybeans down -2.3% (YTD: 14.7%)
• Gold/US Dollar 1 Month ATM Option down -2.3% (YTD: -26.9%)
• CBoT Corn down -2.1% (YTD: 41.4%)
• EEX European-Carbon- Secondary Trading down -2.1% (YTD: 64.1%)

NET POSITIONS OF MANAGED MONEY (WEEKLY CFTC REPORT)

ENERGY

• Crude light sweet crude increased net long position
• Ice Brent increased net long position
• Gasoline RBOB reduced net long position
• No.2 Heating Oil reduced net long position
• Ice Gasoil increased net long position
• Henry Hub Gas increased net long position
  

METALS

• Gold reduced net long position
• Silver increased net long position
• Platinum reduced net long position
• Palladium increased net long position
• Copper-Grade#1 reduced net long position

AGRICULTURE

• Wheat turned to net short
• Corn reduced net long position
• Rough Rice reduced net long position
• Oats turned to net long
• Soybeans increased net long position
• Soybean Oil reduced net long position
• Soybean Meal increased net long position
• Lean Hogs increased net long position
• Live Cattle increased net long position
• Feeder Cattle reduced net long position
• Cocoa reduced net long position
• Coffee reduced net long position
• Robusta Coffee reduced net long position
• Frozen OJ turned to net long
• Sugar No.11 reduced net long position
• White Sugar reduced net long position

DAILY MOVES - ENERGY

• WTI crude front month currently at US$ 70.91 per barrel, up 0.9% on the day (YTD: +46.1%); 6-month term structure in widening backwardation
• Brent crude front month currently at US$ 72.69 per barrel, up 0.2% on the day (YTD: +40.3%); 6-month term structure in widening backwardation
• Brent volatility at 28.7, up 4.7% on the day (12-month range: 24.7 - 58.9)
• Newcastle Coal (ICE Europe) currently at US$ 127.00 per tonne, up 0.8% on the day (YTD: +57.8%)
• Natural Gas (Henry Hub) currently at US$ 3.30 per MMBtu, up 4.7% on the day (YTD: +29.8%)
• Gasoline (NYMEX) currently at US$ 2.19 per gallon, down -1.2% on the day (YTD: +55.2%); 6-month term structure in widening backwardation
• Low Sulphur Gasoil (ICE Europe) currently at US$ 589.50 per tonne, up 0.8% on the day (YTD: +40.1%)

DAILY MOVES - BASE METALS

• Copper (COMEX) currently at US$ 4.54 per pound, up 1.1% on the day (YTD: +29.2%)
• Iron Ore (Dalian Commodity Exchange) currently at CNY 1,340.00 per tonne, up 0.8% on the day (YTD: +24.2%)
• Aluminium (Shanghai) currently at CNY 18,895 per tonne, up 2.1% on the day (YTD: +20.5%)
• Nickel (Shanghai) currently at CNY 134,500 per tonne, up 2.0% on the day (YTD: +8.7%)
• Lead (Shanghai) currently at CNY 15,385 per tonne, up 0.2% on the day (YTD: +4.6%)
• Rebar (Shanghai) currently at CNY 4,900 per tonne, unchanged (YTD: +16.1%)
• Tin (Shanghai) currently at CNY 209,480 per tonne, up 0.5% on the day (YTD: +39.2%)
• Zinc (Shanghai) currently at CNY 22,550 per tonne, up 0.5% on the day (YTD: +8.1%)
• Refined Cobalt (Shanghai) spot price currently at CNY 346,500 per tonne, unchanged (YTD: +26.5%)
• Lithium (Shanghai) spot price currently at CNY 620,000 per tonne, unchanged (YTD: +27.8%)

DAILY MOVES - PRECIOUS METALS

• Gold spot currently at US$ 1,877.13 per troy ounce, down -1.0% on the day (YTD: -1.1%)
• Gold 1-Month ATM implied volatility currently at 11.35, down -2.3% on the day (YTD: -26.9%)
• Silver spot currently at US$ 27.89 per troy ounce, down -0.3% on the day (YTD: +5.8%)
• Silver 1-Month ATM implied volatility currently at 27.23, up 1.9% on the day (YTD: -33.6%)
• Palladium spot currently at US$ 2,775.90 per troy ounce, unchanged (YTD: +13.5%)
• Platinum spot currently at US$ 1,146.13 per troy ounce, down -0.6% on the day (YTD: +7.2%)
• Rhodium (Johnson Matthey, New York 09:30) currently at US$ 22,500 per troy ounce, up 3.2% on the day (YTD: +32.0%)
• Iridium (Johnson Matthey, New York 09:30) currently at US$ 6,100 per troy ounce, down -3.2% on the day (YTD: +134.6%)

DAILY MOVES - AGRO

• Live Cattle (CME) currently at US$ 118.70 cents per pound, up 1.0% on the day (YTD: +5.1%)
• Lean Hogs (CME) currently at US$ 122.68 cents per pound, up 0.2% on the day (YTD: +74.6%)
• Rough Rice (CBOT) currently at US$ 12.85 cents per hundredweight, down -0.6% on the day (YTD: +3.6%)
• Soybeans Composite (CBOT) currently at US$ 1,508.50 cents per bushel, down -2.3% on the day (YTD: +14.7%)
• Corn (CBOT) currently at US$ 684.50 cents per bushel, down -2.1% on the day (YTD: +41.4%)
• Wheat Composite (CBOT) currently at US$ 680.75 cents per bushel, down -0.4% on the day (YTD: +6.3%)
• Sugar No.11 (ICE US) currently at US$ 17.61 cents per pound, down -0.7% on the day (YTD: +13.2%)
• Cotton No.2 (ICE US) currently at US$ 87.00 cents per pound, down -0.4% on the day (YTD: +11.4%)
• Cocoa (ICE US) currently at US$ 2,354 per tonne, down -1.4% on the day (YTD: -9.7%)
• Coffee Arabica (Colombia Excelso) currently at EUR 3,841 per tonne, up 1.4% on the day (YTD: +21.4%)
• Random Length Lumber (CME) currently at US$ 1,059.20 per 1,000 board feet, down -5.6% on the day (YTD: +21.3%)
• TSR 20 Rubber (Shanghai) currently at CNY 10,200 per tonne, down -2.9% on the day (YTD: +2.1%)
• Soybean Oil Composite (CBOT) currently at US$ 66.98 cents per pound, down -4.9% on the day (YTD: +54.6%)
• Crude Palm Oil (Bursa Malaysia) currently at MYR 3,859 per tonne, down -4.7% on the day (YTD: -0.8%)

DAILY MOVES - SHIPPING

• Baltic Dry Index (Baltic Exchange) currently at 2,669, up 7.6% on the day (YTD: +95.4%)
• Freightos China To North America West Coast Container Index currently at 6,341, unchanged (YTD: +51.0%)
• Freightos North America West Coast To China Container Index currently at 1,208, unchanged (YTD: +133.2%)
• Freightos North America East Coast To Europe Container Index currently at 699, unchanged (YTD: +92.5%)
• Freightos Europe To North America East Coast Container Index currently at 5,193, unchanged (YTD: +177.8%)
• Freightos China To North Europe Container Index currently at 11,037, unchanged (YTD: +94.9%)
• Freightos North Europe To China Container Index currently at 1,659, unchanged (YTD: +20.7%)
• Freightos Europe To South America West Coast Container Index currently at 3,754, unchanged (YTD: +121.9%)

DAILY MOVES - CARBON EMISSION ALLOWANCES (CO2)

• EUA futures front month (European Energy Exchange) currently at EUR 52.67 per tonne, down -2.1% on the day (YTD: +61.0%)