Good Week For Commodities, With Base Metals And Energy Leading The Way

Ags and precious metals had more mixed performances: gold and wheat did well while platinum and corn fell

Published Jul 30, 2021 7:03 PM ET

Coke rose sharply this week on the Dalian Commodity Exchange | Sources: ϕpost, Refinitiv data

SMM Rare Earth Dysprosium Metal Spot Price Daily up 3.7% (YTD: 43.3%)
DCE Coke up 3.0% (YTD: 2.9%)
SMM Rare Earth Neodymium Metal Spot Price Daily up 3.0% (YTD: 24.5%)
SMM Rare Earth Neodymium Oxide Spot Price Daily up 2.1% (YTD: 19.1%)
SHFE Hot Rolled Coil up 2.1% (YTD: 34.8%)
SMM Rare Earth Gadolinium Oxide Spot Price Daily up 1.9% (YTD: 50.3%)
SMM Rare Earth Terbium Oxide Spot Price Daily up 1.8% (YTD: 14.5%)
Brent Forties and Oseberg Dated FOB Northsea Crude up 1.7% (YTD: 51.3%)
SHFE Aluminum up 1.7% (YTD: 26.7%)
SMM Rare Earth Carbonate Domestic Spot Price Daily up 1.5% (YTD: 120.9%)
Silver/US Dollar 1 Month ATM Option IV up 1.2% (YTD: -44.9%)

DCE Iron Ore Continuation Month 1 down -8.6% (YTD: -4.4%)
ICE-US Coffee Columbia down -8.6% (YTD: 40.0%)
SMM Rare Earth Praseodymium Metal Spot Price Daily down -5.8% (YTD: 44.2%)
Johnson Matthey Iridium New York 0930 down -3.6% (YTD: 107.7%)
WUXI Metal Cobalt Bi-Monthly down -2.9% (YTD: 30.1%)
ICE-US Cocoa down -2.8% (YTD: -9.1%)
ICE-US Sugar No. 11 down -2.1% (YTD: 15.6%)
Coffee Robusta Vietnam Grade 1 Wet Pol Spot down -2.0% (YTD: 24.5%)
CBoT Corn down -2.0% (YTD: 13.0%)
CBoT Soybean Oil down -1.7% (YTD: 51.9%)
CBoT Soybeans down -1.4% (YTD: 7.6%)

ENERGY

METALS

AGRICULTURE

WTI crude front month currently at US$ 73.95 per barrel, up 1.7% (YTD: +51.7%); 6-month term structure in widening backwardation
Brent crude front month currently at US$ 75.41 per barrel, up 0.4% (YTD: +47.4%); 6-month term structure in widening backwardation
Brent volatility at 26.3, down -1.7% (12-month range: 24.7 - 57.6)
Newcastle Coal (ICE Europe) currently at US$ 152.75 per tonne, down -0.2% (YTD: +86.0%)
Natural Gas (Henry Hub) currently at US$ 3.91 per MMBtu, up 0.4% (YTD: +59.9%)
Gasoline (NYMEX) currently at US$ 2.33 per gallon, up 1.9% (YTD: +67.0%); 6-month term structure in widening backwardation
Low Sulphur Gasoil (ICE Europe) currently at US$ 613.25 per tonne, up 0.7% (YTD: +45.8%)

Copper (COMEX) currently at US$ 4.47 per pound, up 0.9% (YTD: +28.6%)
Iron Ore (Dalian Commodity Exchange) currently at CNY 1,031.50 per tonne, down -8.6% (YTD: -4.4%)
Aluminium (Shanghai) currently at CNY 19,890 per tonne, up 1.7% (YTD: +26.7%)
Nickel (Shanghai) currently at CNY 145,580 per tonne, up 0.5% (YTD: +19.0%)
Lead (Shanghai) currently at CNY 15,995 per tonne, down 0.0% (YTD: +7.8%)
Rebar (Shanghai) currently at CNY 5,561 per tonne, up 0.8% (YTD: +35.2%)
Tin (Shanghai) currently at CNY 236,240 per tonne, up 1.2% (YTD: +56.3%)
Zinc (Shanghai) currently at CNY 22,495 per tonne, up 0.6% (YTD: +7.4%)
Refined Cobalt (Shanghai) spot price currently at CNY 379,500 per tonne, unchanged (YTD: +38.5%)
Lithium (Shanghai) spot price currently at CNY 620,000 per tonne, unchanged (YTD: +27.8%)

Gold spot currently at US$ 1,813.58 per troy ounce, down -0.8% (YTD: -4.4%)
Gold 1-Month ATM implied volatility currently at 12.83, up 0.9% (YTD: -18.3%)
Silver spot currently at US$ 25.47 per troy ounce, down -0.1% (YTD: -3.4%)
Silver 1-Month ATM implied volatility currently at 22.43, up 1.2% (YTD: -44.9%)
Palladium spot currently at US$ 2,658.82 per troy ounce, up 0.5% (YTD: +8.7%)
Platinum spot currently at US$ 1,048.36 per troy ounce, down -1.1% (YTD: -1.9%)
Rhodium (Johnson Matthey, New York 09:30) currently at US$ 18,500 per troy ounce, up 0.5% (YTD: +8.5%)
Iridium (Johnson Matthey, New York 09:30) currently at US$ 5,400 per troy ounce, down -3.6% (YTD: +107.7%)

Live Cattle (CME) currently at US$ 122.08 cents per pound, down 0.3% (YTD: +8.1%)
Lean Hogs (CME) currently at US$ 106.20 cents per pound, down -0.1% (YTD: +51.1%)
Rough Rice (CBOT) currently at US$ 13.68 cents per hundredweight, down 0.0% (YTD: +10.3%)
Soybeans Composite (CBOT) currently at US$ 1,414.75 cents per bushel, down -1.4% (YTD: +7.6%)
Corn (CBOT) currently at US$ 547.00 cents per bushel, down -2.0% (YTD: +13.0%)
Wheat Composite (CBOT) currently at US$ 703.75 cents per bushel, down -0.2% (YTD: +9.9%)
Sugar No.11 (ICE US) currently at US$ 17.93 cents per pound, down -2.1% (YTD: +15.6%)
Cotton No.2 (ICE US) currently at US$ 90.10 cents per pound, down -1.0% (YTD: +15.0%)
Cocoa (ICE US) currently at US$ 2,359 per tonne, down -2.8% (YTD: -9.1%)
Coffee Arabica (Colombia Excelso) currently at EUR 4,617 per tonne, down -1.3% (YTD: +45.9%)
Random Length Lumber (CME) currently at US$ 621.20 per 1,000 board feet, down -0.1% (YTD: -28.9%)
TSR 20 Rubber (Shanghai) currently at CNY 10,660 per tonne, up 1.1% (YTD: +7.9%)
Soybean Oil Composite (CBOT) currently at US$ 65.82 cents per pound, down -1.7% (YTD: +51.9%)
Crude Palm Oil (Bursa Malaysia) currently at MYR 4,659 per tonne, down -0.4% (YTD: +19.7%)

Baltic Dry Index (Baltic Exchange) currently at 3,214, up 1.9% (YTD: +135.3%)
Freightos China To North America West Coast Container Index currently at 18,346, unchanged (YTD: +336.9%)
Freightos North America West Coast To China Container Index currently at 1,132, unchanged (YTD: +118.7%)
Freightos North America East Coast To Europe Container Index currently at 670, unchanged (YTD: +84.6%)
Freightos Europe To North America East Coast Container Index currently at 6,015, unchanged (YTD: +221.8%)
Freightos China To North Europe Container Index currently at 13,706, unchanged (YTD: +142.0%)
Freightos North Europe To China Container Index currently at 1,634, unchanged (YTD: +18.8%)
Freightos Europe To South America West Coast Container Index currently at 4,463, unchanged (YTD: +163.8%)

EUA futures front month (European Energy Exchange) currently at EUR 53.33 per tonne, down -1.3% (YTD: +63.0%)

EUA Front-Month Future Prices | Sources: phipost.com, Refinitiv data