Analysis: Commodities

ICE Review : Canola Holds to Narrow Range, Awaits USDA Reports

WINNIPEG, Manitoba--Intercontinental Exchange canola futures closed mostly higher as trading bounced back and forth on either side of unchanged. Support for canola came from gains in European...

Palladium prices still at record lows

Hopes of a rebound in the price of the precious metal have so far been dashed by the market.

Smelter charges collapse as zinc mine supply falters: Andy Home

Benchmark zinc smelter treatment charges have fallen sharply this year, attesting to a tightening of the mine supply chain. Canadian miner Teck Resources has agreed to pay Korea Zinc...

Smelter charges collapse as zinc mine supply falters: Andy Home

Benchmark zinc smelter treatment charges have fallen sharply this year, attesting to a tightening of the mine supply chain. Canadian miner Teck Resources has agreed to pay Korea Zinc...

Commodities overview: it's all going up!

Every week, the commodities overview offers a review of the latest developments on the commodities markets, to help you better understand the variations in energy, metals and agricultural commodity...

Oil funds turn bullish as Mideast conflict intensifies: Kemp

Portfolio investors are increasingly bullish about oil as Saudi Arabia and its OPEC allies restrict production in the face of rising demand and the shadow war between Israel and Iran spills into the...

Oil funds turn bullish as Mideast conflict intensifies: Kemp

Portfolio investors are increasingly bullish about oil as Saudi Arabia and its OPEC allies restrict production in the face of rising demand and the shadow war between Israel and Iran spills into the...

'Data driven' players help prolong record profits in commodity trading, says McKinsey

The growing number of data-driven players such as hedge funds in the world of commodity trading has helped sustain record levels of profit, even as the volatility that supercharged earnings in 2022...

Gold bulls eye more record highs despite lightning gains

An upgraded gold price forecast for 2024 from Nicky Shiels, head of metals strategy at Swiss gold refinery MKS PAMP, drew an unexpected follow-up question this week from market participants. The...

U.S. manufacturers emerge from slump, set to boost fuel use: Kemp

U.S. manufacturers have finally pulled out of the long, shallow slump that started in the middle of 2022, which will support petroleum consumption especially for diesel and other middle distillates in...

Wider bird flu spread raises concern for humans, animal health body says

The spread of bird flu to an increasing number of species and its widening geographic reach have raised the risks of humans being infected by the virus, the head of the World Organisation for Animal...

Funds pile pressure on lead as LME stocks hit 11-year high: Andy Home

Funds have built up record short positions on the London Metal Exchange lead contract. This is not entirely surprising given the rapid deterioration in market optics. LME...

Commodities Overview: Full steam ahead!

Every week, the commodities overview gives you the opportunity to review the latest news on the commodities markets, and to gain a better understanding of the price variations in energy, metals and...

Tropical forest loss eased in 2023 but threats remain, analysis shows

Tropical forest loss declined last year, but other indicators show that the world's woodlands remain under tremendous pressure, according to an analysis released on Thursday by the Global Forest Watch...

OPEC+ gets oil price to its sweet spot, the trick is keeping it there: Russell

There was no surprise that a top meeting of OPEC+ ministers opted to keep output policy unchanged since the global crude oil market is almost exactly where the exporter group wants it. ...

ICE Weekly : More Room to Upside for Canola

WINNIPEG, Manitoba--It was a tale of two halves for canola during the week ended Wednesday. After the May contract on the Intercontinental Exchange fell to its lowest level in two and a half...

BofA hikes 2024 oil forecasts on tighter supply, geopolitical risks

Bank of America Global Research has raised its 2024 Brent and WTI oil price forecasts, citing escalating geopolitical tensions and the OPEC+ producer group maintaining supply curbs. The...

China PMI boosts sentiment, but commodity imports may have front-run: Russell

The return of China's key manufacturing index to positive territory for the first time in six months has sparked optimism that commodity demand from the world's biggest buyer of natural resources...

Distillate futures see big outflow of speculative money: Kemp

Portfolio investors have continued to realise profits on formerly bullish diesel positions and begun to turn bearish as supplies adjust to the disruption of trade through the Red Sea and a mixed...