CommodityMarket

China's Steel Production Fuels Iron Ore Demand Despite Seasonal Slowdown

27 days ago

Despite the onset of a low-demand season, China's steel production continues to surge, leading to increased demand for iron ore. Recent data indicates that steel output in China has remained robust, prompting market analysts to reconsider the usual seasonal decline in iron ore prices and demand that typically occurs at this time of year.

Critical Insights: Key Commodity Market Trends to Monitor This Week

1 month ago

This week, global commodity markets are poised for a series of developments that could significantly impact prices and trading strategies. As traders and investors navigate the volatile landscape, five essential charts are providing insights into what's ahead. Each chart corresponds to vital sectors of the commodity market, including energy, agriculture, and metals, highlighting trends that could influence decisions in the coming days.

JPMorgan Considers Revamping Physical LNG Trading After Positive Outlook from Jamie Dimon

2 months ago

JPMorgan Chase & Co. is signaling a renewed interest in the physical trading of liquefied natural gas (LNG) as CEO Jamie Dimon commends the sector’s potential financial benefits. Following an impressive bounce-back in commodity markets, particularly in energy, the bank is keen to capitalize on favorable market conditions.

Palm Oil Prices Tumble Amid Weaker Soybean Oil and Profit Bookings Following Rally

3 months ago

Palm oil futures have recently taken a downward turn, driven primarily by weakening soybean oil prices and profit booking activities following a substantial rally. This decline represents a significant shift after a period of upward momentum in the market. The futures dropped as traders moved to capitalize on recent gains, influenced in part by changes in related commodity markets.