Latest / The Commodities Trade Institute Podcast
$100 Oil, 10M Ton Corn Boom, Jakarta Nickel Bourse, and China Soy Buys
Escalating naval hostilities near the Strait of Hormuz push Brent crude past $100 per barrel as maritime flows drop to 2 million barrels daily, while European gas storage sits at just 67% capacity ahead of winter. In freight markets, Argentine corn exports jump to a record 10 million metric tons to backfill disrupted Black Sea corridors, coinciding with China purchasing 1 million tons of American soybeans. Meanwhile, Indonesia finalizes a dedicated commodities exchange to establish pricing power over nickel and coal, as the London Metal Exchange prepares to launch a steel contract linked…
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