tldrdailynews.com logo
Tag

Commodities

All articles tagged with #commodities

Black Sea disruptions push global grain prices to multi-year highs
world5 days ago

Black Sea disruptions push global grain prices to multi-year highs

Grain prices jumped to near three-year highs as Russia and Ukraine’s strikes on Black Sea ports and shipping disrupt exports, threatening a large global supply shortfall (up to about 86 million tonnes, ~17% of world cereal exports). Ukraine’s exports are down about 75% year-on-year this month, with Russia’s also slipping; alternative routes via rail and the Danube can only partly compensate. Analysts warn global food prices could rise around 11.8% this year and 4.8% in 2027, and some say the market underprices sustained disruption.

via Financial Times|
#agricultural-commodities#commodities#food-security
Gold Holds Firm Near $4,075 as Iran Pause Dims Oil Push Ahead of Fed Decision
commodities28 days ago

Gold Holds Firm Near $4,075 as Iran Pause Dims Oil Push Ahead of Fed Decision

Gold steadies near $4,075 an ounce as oil prices slide on a pause in U.S.-Iran hostilities, easing inflation pressure ahead of this week’s Federal Reserve decision. With Strait of Hormuz risk still in play, oil trades around $82.6–$85.9 a barrel, while gold’s near-term path remains bounded by resistance around $4,166–$4,214 and support near $4,072.

via KITCO|
#commodities#federal-reserve#gold
Black Sea grain lifeline at risk as Russia escalates strikes
world1 month ago

Black Sea grain lifeline at risk as Russia escalates strikes

Russian drone and missile strikes on Ukraine’s Black Sea ports, notably Odesa, have reduced storage capacity, deterred ships, and disrupted grain shipments, threatening Ukraine’s export revenue and tightening global wheat supply as traders eye Danube routes and higher war-risk insurance costs; wheat futures surged as market expectations shift to a longer disruption of Black Sea exports.

via Financial Times|
#commodities#food-security#global-economy
Gold set for worst quarter in over a decade as retail frenzy fades
markets1 month ago

Gold set for worst quarter in over a decade as retail frenzy fades

Gold slipped below $3,943 per ounce, its lowest since November, as bets on higher interest rates and fading retail enthusiasm push the metal toward its worst quarter in more than a decade. After a January peak near $5,595, prices have been pressured by ETF outflows, a stronger dollar, and Chinese trading restrictions, though central-bank demand could provide a floor.

via Financial Times|
#commodities#federal-reserve#gold
Oil rises on renewed US-Iran clashes heightening Hormuz risk
energy1 month ago

Oil rises on renewed US-Iran clashes heightening Hormuz risk

Oil prices climbed about 0.9% to around $73.21 a barrel for August delivery as renewed U.S.–Iran strikes raised concerns about shipping through the Strait of Hormuz, a key oil conduit. Analysts say the market has re-priced a war premium after a weekend flare-up, with Asian equities showing mixed moves as investors weigh potential ceasefire talks and the lack of enforcement details in any agreement.

via Al Jazeera|
#commodities#energy#geopolitics
Oil dips as Strait of Hormuz traffic picks up, easing supply fears
business1 month ago

Oil dips as Strait of Hormuz traffic picks up, easing supply fears

Crude prices slid more than 3% on Friday as more tankers moved through the Strait of Hormuz, easing supply concerns after a vessel was hit near Oman. Brent settled at $71.99 a barrel and WTI at $69.23, with weekly losses around 11% and 10% respectively. Analysts said flows exiting Hormuz are rising again, helped by Saudi Aramco resuming Ras Tanura loading and two VLCCs loading. The day also saw reports of a vessel hit by an unknown projectile near Oman, prompting the UN shipping agency to suspend its evacuation scheme; U.S. officials said Iran fired on the cargo ship while it passed through Hormuz, and Iran reiterated its claim to shipping through the strait. Despite the ceasefire reopening the waterway, overall traffic remains below pre-war levels, and Russia signaled a diesel export ban as it faces refinery damage.

via Yahoo Finance|
#business#commodities#iran
Oil’s Crisis Delay: Stockpiles and Flexibility Cushion Market Shock
energy2 months ago

Oil’s Crisis Delay: Stockpiles and Flexibility Cushion Market Shock

Despite Iran-related disruption that knocked roughly 14 million barrels a day off global supply, oil markets have not collapsed thanks to ample pre-war inventories, added supply from non-Gulf producers, and greater flexibility from both producers and consumers. Demand has softened modestly, particularly in aviation and petrochemicals, and inventories are being drawn down, but for now the cushion holds. The situation remains temporary and contingent on stockpiles lasting and ongoing resilience elsewhere, especially from US shale and alternative suppliers.

via Financial Times|
#commodities#energy#markets
Forced sovereign liquidations could ignite gold’s next long-term bull run, says SPI's Innes
business3 months ago

Forced sovereign liquidations could ignite gold’s next long-term bull run, says SPI's Innes

SPI Asset Management’s Stephen Innes argues the gold selloff was a liquidity crisis driven by forced sovereign sales amid the oil shock, not a collapse in demand. As inflation cools and growth slows, central banks may ease policy, potentially setting up a new long-term gold bull run with gold serving as monetary insurance in a fractured, underinvested global economy—an outlook reinforced by China’s reserve diversification strategy.

via KITCO|
#business#central-banks#commodities
commodities3 months ago

JPMorgan trims gold outlook on cooler demand, eyes second-half rebound

JPMorgan cut its 2026 gold price forecast to $5,243/oz from $5,708 due to softer near-term demand, but keeps a bullish longer-term view with a year-end target around $6,000/oz; the pullback is seen as a pause, with demand expected to reaccelerate in H2 as inflation tail risks ease after potential Iran-related D/E developments and a possible Strait of Hormuz reopening. The bank also trimmed its 2026 central-bank purchases to 640 tonnes and ETF inflows to about 400 tonnes, while warning that a strong U.S. jobs market and higher inflation could prompt Fed rate hikes and ETF outflows. Gold remains range-bound near $4,340–$4,730, with catalysts including geopolitical developments and policy signals shaping the path to a recovery.

via Investing.com|
#commodities#demand#etf-inflows