Commodity markets traded lower on June 29 as easing geopolitical tensions in the Middle East and a stronger US dollar weighed on investor sentiment.Oil prices pared early gains after the US and Iran agreed to halt attacks on each other following weekend flare-ups that saw an oil supertanker struck…
Few commodities do drama like lithium. In 2020, you could buy a tonne of lithium carbonate in China for around CNY39,500. Two years later, at the peak of the electric-vehicle mania in November 2022, that same tonne changed hands for CNY597,500 – a fifteen-fold surge that minted fortunes among those…
Dutch natural gas futures steadied after the kneejerk reaction that saw European natural gas prices plunge to a two-month low at the start of the week. The preliminary peace framework between the US and Iran have eased the market’s anxiety over energy disruptions.However, it may take some time for…
Crude oil prices are in the spotlight this week as the deal between the United States and Iran is tested. Brent, the global benchmark, ended the week at $73.6, down sharply from year-to-date high of $119.4. WTI has moved below the key support level of $70.US and Iran exchange strikesThere are signs…
Arabica coffee price eased slightly recently while trading close to the three-week high reached in the previous session. Despite the outlook of a bumper harvest in Brazil, there are concerns over persistent rainfall and its impact on the harvesting and drying process. Besides, the high probability…
Binance founder Changpeng "CZ" Zhou has no single explanation for why crypto markets have fallen so sharply in the first half of 2026 — and he said as much directly. Geopolitical tensions, investors rotating into AI, and the typical four-year crypto market cycle may all be contributing, he told Coi…
According to the announcement from Binance, Binance Futures will launch the CAPUSDT USDⓈ-M perpetual contract at 2026-06-27 11:45 (UTC), offering traders access to CAP (Cap) with leverage of up to 10x. The exchange said the addition is intended to expand trading choices on Binance Futures. CAP is d…
The Pentagon delayed publicly announcing a U.S. strike on Iran until after financial markets had closed, NBC reported.According to Odaily, the report said the timing was chosen to reduce immediate effects on financial markets, including oil prices.The report has prompted political discussion, but t…
Key takeaways:Solana native token SOL jumped to $72 on Friday, distancing itself from the $64 lows the prior day. Part of traders’ optimism stemmed from the stellar growth of tokenized stock trading, fueled by the AI sector. However, increasing competition in decentralized application networks coul…
Gold extended gains above $4,000 an ounce on Friday after the latest US inflation print tempered expectations for an interest-rate hike, capping a tumultuous week that saw bullion slump to the lowest price since November.Spot gold rose as much as 1.7% on Friday, adding to a gain in the previous ses…
Live cattle were down 40 cents to $1.42 across most contracts, with June the lone exception, up a nickel. August was down 80 cents this week. Cash trade saw volume pick up late on Friday to $260 live and $408-410 dressed in the north, with a few sales at $258 in the South. Feeder cattle futures wer…
Cotton futures were down 9 to 174 points on Friday. July was down 577 points this week as December was 329 points lower. Crude oil was back down $1.40/bbl to $70.52. The US dollar index was back down $0.043 at $101.150.The NOAA 7-day QPF shows very little precip expected in TX over the next week, w…
Corn futures closed the Friday session mixed, with front months down ½ to 2 cents and deferred contracts for the 2027 crop steady to a penny higher. July options expired today, with first notice day on Tuesday. July futures were down 4 ¾ cents this week, with December down 2 ½ cents. The CmdtyView…
Soybeans closed the Friday session with contracts steady to 1 ½ cents lower, as September was ¼ cent higher. July options expired today, with FND on Tuesday. July was up 3 ½ cents this week, with November 13 ½ higher. The cmdtyView national average Cash Bean price is down 2 1/2 cents at $10.76 1/4…
The wheat complex posted losses across most contracts on Friday. Chicago SRW contracts were down 9 to 12 3/4 cents in the front months, with July 27 ½ cents lower on the week. KC HRW futures were 9 to 11 ¾ cents in the red on Friday, with the weekly loss for July at 33 cents. MPLS spring wheat was…
Lean hog futures were $1 to $1.37 higher on Friday, with front months down 2 to up 22 cents. July was $2.10 lower this week. USDA’s national base hog price was reported at $93.44 on Friday afternoon, down $1.85 from the day prior. The CME Lean Hog Index was back down 7 cents on June 24 at $91.78USD…
Wall Street’s main stock indices overcame early tech-led losses on Friday as investors bought the dip, but still finished mildly lower, according to RTHK.Oil prices fell as shipping traffic resumed through the Strait of Hormuz. Brent crude dropped 4.3%, returning to levels seen before the war on Ir…
August WTI crude oil (CLQ26) on Friday closed down -2.69 (-3.74%), and August RBOB gasoline (RBQ26) closed down -0.0765 (-2.64%).Crude oil and gasoline prices settled sharply lower on Friday, with crude posting a fresh 4-month low. An acceleration of oil tankers out of the Persian Gulf is boosting…
Crude oil futures settled at $69.23, down $2.69 (-3.74%) on the day. For the week, prices fell nearly 8.5%, adding to losses of 10.4% the prior week and 6.6% the week before that. Since peaking at $119.48, crude has now declined 42.6%, underscoring the dramatic reversal in energy prices.Today's low…
July Nymex natural gas (NGN26) on Friday closed down -0.112 (-3.35%).Nat-gas prices retreated from a 3-month high on Friday and settled sharply lower. Long liquidation pressured prices on Friday, the last day of trading for the expiring July Nymex nat-gas contract.Don’t Miss a Day: From crude oil t…