Commodities - General News 04 (May 18 - Dec 26)

[behappyalways]

The world's "most important industrial chemical" is off the charts
https://x.com/zerohedge/status/2057900167605489895

[winston]

Traders find ways to deal with Mideast disruptions

Traders posted strong gains linked to the Iran conflict, reinforcing expectations that continued market volatility could boost their profits.

Source: The Straits Times

https://www.thestar.com.my/business/bus ... isruptions

[winston]

China has a powerful new oil price weapon

The Middle East conflict reveals how the Asian giant has become the stabilising force for commodity prices

China's total oil imports, including via pipeline and railway, fell in May to an eight-year low of 7.8 million barrels a day.

That is a third less than before the war broke out. Imports arriving by tanker plunged further still, hitting a 10-year low, more than 45 per cent below its 2025 average.

At the end of 2025, China had about 1.4 billion barrels held back, three times what the US controlled at the time, and more than six times the size of Japan’s stock.

The role of China’s oil reserve is unclear, but my reckoning is that Beijing tapped its stockpile – most likely underground sites – to release perhaps as many as 100 million to 200 million barrels between mid-April and mid-June.

Source: Bloomberg

https://www.businesstimes.com.sg/opinio ... ice-weapon

[behappyalways]

Prices, since start of the year.
https://x.com/spectatorindex/status/2083657330294738990

[behappyalways]

Scarcity Warnings In Physical World Send Commodities To 14-Year High, Threatening Stock Rally
https://www.zerohedge.com/commodities/s ... tock-rally