Commodities

Agriculture markets eye normality as countries ease export restrictions

The global food supply chain, as well as demand for agricultural products, faces an unprecedented threat from the coronavirus pandemic. Livelihoods have been destroyed and economies dragged down, while prices of basic foodstuffs soared and countries imposed measures to limit exports and shore up do ...

Iron ore’s growing appeal: investor participation and market development

Once in a generation a new graduate joins the elite circle of globally recognized and traded commodities. Julien Hall, head of metals pricing, APAC at S&P Global Platts, and Fiona Boal, head of commodities at S&P Dow Jones Indices, look at the interplay between physical and financial iron ore marke ...

Insight Conversation: Christopher LaFemina, Jefferies

Christopher LaFemina is managing director, global metals and mining equities research at Jefferies, a global investment bank and financial services company. He talked to Diana Kinch and Paul Hickin about metals market trends as the COVID-19 crisis gradually eases, and how the industry might develop ...

Commodity Tracker: 4 charts to watch this week

A recovery in Chinese independent refiners’ oil imports tops this week’s pick of trends in energy and raw materials markets. EU carbon markets, the relationship between US rig counts and tubular steel prices, and LNG supply to Europe are also on the agenda. 1. Saudi crude supply to Chinese ind ...

Insight from Washington: Trump uses oil diplomacy, executive orders to aid US producers

A day after US light crude futures took an unprecedented dive into negative territory, President Donald Trump promised to deliver federal relief to domestic oil and gas producers just like the US Congress had approved for airlines and a host of other industries as the pandemic wreaked havoc on the ...

Latin American crude exports to USGC see small gains amid coronavirus upheaval

Latin American countries, excluding Venezuela and Argentina, have slightly increased crude exports to the US Gulf Coast market in 2020 to date, despite fierce competition from Canadian and Middle East producers. In the first five months of 2020, Mexico, Colombia, Ecuador, Brazil and Guyana exported ...

Commodity Tracker: 4 charts to watch this week

Global recovery from the coronavirus pandemic is proving patchy, and demands a close look at oil demand signals – the first stop in this week’s roundup of energy and raw material trends. S&P Global Platts editors also look at prospects for US crude exports to Asia, Ukraine’s importance to the ...

Insight Conversation: Marco Dunand, CEO and co-founder, Mercuria

Mercuria’s Marco Dunand talked to S&P Global Platts about the challenges, implications, and opportunities that the coronavirus pandemic presents across all the key commodity classes in a time of unprecedented volatility in the global markets. Founded in 2004, Mercuria Energy Trading is one of th ...

Middle East crude benchmarks provide lessons on valuing oil in volatile markets

The crude oil market has witnessed some of the highest volatility in living memory in recent months, casting a spotlight on the evolving role of global crude benchmarks. In the Middle East and key consuming regions such as Asia, it follows that the market is keen to understand what the tradable val ...

Deflation Pressure

I have used an inflation directional pressure gauge for nearly 50 years with good results. Itbecame a deflation pressure gauge over 2008 - 10 and that is what it has turned into againrecently. Basically, I watch the longer term momentum of commodity price composites alongwith measures of economic sl ...