Commodities Weekly Oil prices may finally be finding a floor Oil prices have ebbed and flowed in the past week on hopes that at least some OPEC members will be able to agree a deal with Russia to freeze output. Admittedly, the recent talks have left many... 19th February 2016 · 1 min read
Commodities Update No relief for ags as investors become more bearish Amid all the recent market turmoil, agricultural commodities haven’t performed too badly, with the S&P GSCI Agriculture index having only fallen by just over 1% since the start of the year. While the... 18th February 2016 · 1 min read
Commodities Update Are we close to the bottom for agricultural commodity prices? Several years of bumper harvests have left key agricultural commodities in abundant supply, helping to drag prices down to levels not seen since 2010. While many prices are probably close to the floor... 17th February 2016 · 1 min read
Commodities Update Weaker dollar supports commodity prices It has been a quiet few weeks for news from China, as disruption associated with the Lunar New Year holiday has made it difficult to determine exactly how the economy has fared so far this year... 16th February 2016 · 1 min read
Commodities Update Lower soy oil premium to undermine China’s palm oil demand Despite a slump in Malaysian exports to China, overall Chinese palm oil demand has remained strong. However, the increased competitiveness of soy oil is likely to weigh on Chinese demand for imported... 16th February 2016 · 1 min read
Commodities Weekly Resilience of industrial commodity prices reassuring Given the negativity in global equity markets, the relative stability of industrial commodity prices (especially metals) over the last few weeks has been reassuring. Even Brent crude, while slipping... 12th February 2016 · 1 min read
Commodities Update More misery for world wheat market Upward revisions by the USDA to its estimates for world end-year wheat and soybean stocks have only added to the gloomy outlook for prices, which we think are likely to ease further this year. 10th February 2016 · 1 min read
Commodities Update Malaysia Monthly Palm Oil Data (Jan.) Data released earlier today by Malaysia’s Palm Oil Board show that palm oil inventories fell sharply m/m in January for the second consecutive month. 10th February 2016 · 1 min read
Commodities Update Tightening world rice market to give prices a lift With El Niño reducing rice production in key producing and exporting countries, a tighter world market should give the price of Thai rice a lift this year, despite headwinds from weakness in the baht... 8th February 2016 · 1 min read
Commodities Weekly Commodity prices rally on dollar weakness A visitor from Mars might have been confused by the responses of commodity markets to US economic data in the past few days. Prices jumped in dollar terms after the publication on Wednesday of a weak... 5th February 2016 · 1 min read
Commodities Update Diverging fortunes kick start agriculturals in 2016 The S&P GSCI Agriculture index has started the new year where it left the last: down, falling by close to 1%. However, the beginning of 2016 has seen a divergence in the performance of the prices of... 4th February 2016 · 1 min read
Commodities Update Taking stock of the fall in US winter wheat plantings The release of the USDA’s winter wheat seeding report, the agency’s first estimate of US winter wheat acreage, points to the possibility of a fall in production this year, not just for winter wheat... 2nd February 2016 · 1 min read
Commodities Update Another headwind for wheat prices if Russia lowers export tax Russian ministers are set to meet on Wednesday to decide whether or not to remove the wheat export tax. We think the removal of the tax would put more downward pressure on wheat prices, although the... 2nd February 2016 · 1 min read
Commodities Chart Pack Oil drags commodities lower, but gold shines It was a poor start to the year for commodities with the prices of energy, industrial metals and agricultural commodities all falling owing to persistent concerns about Chinese demand and continued... 1st February 2016 · 1 min read
Commodities Outlook Oil to lead a broad-based recovery Despite the rally in the oil market at the end of January, the big picture over the last few months has of course been one of further sharp falls in the prices of most industrial commodities. What's... 1st February 2016 · 1 min read
Commodities Weekly Further rally in oil price may need stronger foundations This week’s big story has, of course, been the rebound in oil prices (to nearly $35pb) on unconfirmed reports that Russia and OPEC may finally be willing to agree coordinated cuts in output. We are... 29th January 2016 · 1 min read
