NOTABLE GAINERS TODAY

• CBoT Corn up 6.3% (YTD: 38.3%)
• Johnson Matthey Rhodium New York 0930 up 5.7% (YTD: 8.5%)
• Freightos Baltic Europe To South America West Coast Container Index up 5.1% (YTD: 163.8%)
• CBoT Wheat up 4.4% (YTD: -0.9%)
• CBoT Soybean Oil up 4.1% (YTD: 50.0%)
• DCE Coking Coal Continuation Month 1 up 3.7% (YTD: 50.0%)
• ICE-US Cocoa up 3.6% (YTD: -7.8%)
• SMM Rare Earth Terbium Metal Spot Price Daily up 3.3% (YTD: -6.3%)
• SMM Rare Earth Dysprosium Oxide Spot Price Daily up 2.0% (YTD: 28.4%)
• Gold/US Dollar 1 Month ATM Option IV up 2.0% (YTD: -15.8%)

NOTABLE LOSERS TODAY

• Freightos Baltic China/East Asia To North America East Coast 40 Container Index down -14.2% (YTD: 75.4%)
• Freightos Baltic China/East Asia To North America West Coast 40 Container Index down -5.1% (YTD: 36.6%)
• EEX European-Carbon- Secondary Trading down -4.7% (YTD: 61.1%)
• Intercontinental Exchange European Union Allowance (EUA) Yearly down -4.7% (YTD: 58.0%)
• SMM Rare Earth Gadolinium Oxide Spot Price Daily down -4.4% (YTD: 22.2%)
• Freightos Baltic Global Index down -2.5% (YTD: 90.9%)
• CME Random Length Lumber down -2.5% (YTD: -21.5%)
• DCE RBD Palm Oil down -2.5% (YTD: 9.5%)
• ICE-US Sugar No. 11 down -1.7% (YTD: 9.7%)
• SHFE Rubber down -1.0% (YTD: -4.3%)
• Bursa Malaysia Crude Palm Oil down -0.8% (YTD: 2.5%)
• COMEX Copper down -0.7% (YTD: 23.0%)

ENERGY TODAY

• WTI crude front month currently at US$ 74.22 per barrel, down -0.6% (YTD: +52.7%); 6-month term structure in tightening backwardation
• Brent crude front month currently at US$ 75.16 per barrel, down -0.5% (YTD: +45.1%); 6-month term structure in tightening backwardation
• Brent volatility at 30.4, up 2.3% (12-month range: 24.7 - 57.6)
• Newcastle Coal (ICE Europe) currently at US$ 142.25 per tonne, down -0.5% (YTD: +76.7%)
• Natural Gas (Henry Hub) currently at US$ 3.75 per MMBtu, up 2.0% (YTD: +47.7%)
• Gasoline (NYMEX) currently at US$ 2.28 per gallon, down -0.6% (YTD: +61.7%); 6-month term structure in widening backwardation
• Low Sulphur Gasoil (ICE Europe) currently at US$ 606.50 per tonne, unchanged (YTD: +45.0%)

BASE METALS TODAY

• Copper (COMEX) currently at US$ 4.32 per pound, down -0.7% (YTD: +23.0%)
• Iron Ore (Dalian Commodity Exchange) currently at CNY 1,346.00 per tonne, unchanged (YTD: +24.7%)
• Aluminium (Shanghai) currently at CNY 19,180 per tonne, up 1.3% (YTD: +21.8%)
• Nickel (Shanghai) currently at CNY 139,650 per tonne, up 0.6% (YTD: +13.1%)
• Lead (Shanghai) currently at CNY 15,705 per tonne, up 1.1% (YTD: +7.7%)
• Rebar (Shanghai) currently at CNY 4,876 per tonne, down -0.5% (YTD: +15.5%)
• Tin (Shanghai) currently at CNY 222,500 per tonne, up 0.2% (YTD: +46.1%)
• Zinc (Shanghai) currently at CNY 22,050 per tonne, up 0.2% (YTD: +7.2%)
• Refined Cobalt (Shanghai) spot price currently at CNY 370,500 per tonne, unchanged (YTD: +35.2%)
• Lithium (Shanghai) spot price currently at CNY 620,000 per tonne, unchanged (YTD: +27.8%)

PRECIOUS METALS TODAY

• Gold spot currently at US$ 1,806.93 per troy ounce, down -0.1% (YTD: -4.8%)
• Gold 1-Month ATM implied volatility currently at 13.40, up 2.0% (YTD: -15.8%)
• Silver spot currently at US$ 26.23 per troy ounce, up 0.3% (YTD: -0.8%)
• Silver 1-Month ATM implied volatility currently at 22.75, up 0.9% (YTD: -44.4%)
• Palladium spot currently at US$ 2,852.73 per troy ounce, up 1.7% (YTD: +16.8%)
• Platinum spot currently at US$ 1,116.28 per troy ounce, up 1.6% (YTD: +4.9%)
• Rhodium (Johnson Matthey, New York 09:30) currently at US$ 18,500 per troy ounce, up 5.7% (YTD: +8.5%)
• Iridium (Johnson Matthey, New York 09:30) currently at US$ 5,650 per troy ounce, unchanged (YTD: +117.3%)

AGS TODAY

• Live Cattle (CME) currently at US$ 119.83 cents per pound, up 0.5% (YTD: +6.1%)
• Lean Hogs (CME) currently at US$ 112.48 cents per pound, up 1.3% (YTD: +60.0%)
• Rough Rice (CBOT) currently at US$ 12.66 cents per hundredweight, up 0.5% (YTD: +2.1%)
• Soybeans Composite (CBOT) currently at US$ 1,432.50 cents per bushel, up 2.0% (YTD: +8.9%)
• Corn (CBOT) currently at US$ 669.25 cents per bushel, up 6.3% (YTD: +38.3%)
• Wheat Composite (CBOT) currently at US$ 635.00 cents per bushel, up 4.4% (YTD: -0.9%)
• Sugar No.11 (ICE US) currently at US$ 16.99 cents per pound, down -1.7% (YTD: +9.7%)
• Cotton No.2 (ICE US) currently at US$ 88.47 cents per pound, up 0.5% (YTD: +13.2%)
• Cocoa (ICE US) currently at US$ 2,401 per tonne, up 3.6% (YTD: -7.8%)
• Coffee Arabica (Colombia Excelso) currently at EUR 3,763 per tonne, down -0.3% (YTD: +18.9%)
• Random Length Lumber (CME) currently at US$ 685.00 per 1,000 board feet, down -2.5% (YTD: -21.5%)
• TSR 20 Rubber (Shanghai) currently at CNY 10,505 per tonne, up 1.6% (YTD: +5.1%)
• Soybean Oil Composite (CBOT) currently at US$ 64.99 cents per pound, up 4.1% (YTD: +50.0%)
• Crude Palm Oil (Bursa Malaysia) currently at MYR 3,989 per tonne, down -0.8% (YTD: +2.5%)

SHIPPING TODAY

• Baltic Dry Index (Baltic Exchange) currently at 3,300, up 0.6% (YTD: +141.6%)
• Freightos China To North America West Coast Container Index currently at 5,738, down -5.1% (YTD: +36.6%)
• Freightos North America West Coast To China Container Index currently at 1,023, unchanged (YTD: +97.6%)
• Freightos North America East Coast To Europe Container Index currently at 652, unchanged (YTD: +79.7%)
• Freightos Europe To North America East Coast Container Index currently at 5,838, unchanged (YTD: +212.4%)
• Freightos China To North Europe Container Index currently at 13,281, up 1.6% (YTD: +134.5%)
• Freightos North Europe To China Container Index currently at 1,608, up 1.1% (YTD: +16.9%)
• Freightos Europe To South America West Coast Container Index currently at 4,463, up 5.1% (YTD: +163.8%)

CARBON EMISSION ALLOWANCES (CO2)

• EUA futures front month (European Energy Exchange) currently at EUR 51.71 per tonne, down -4.7% (YTD: +58.0%)