Latest / The Commodities Trade Institute Podcast
US Copper Swells, Diesel Drops 5%, Record Palm Oil & Hurricane Isaias
Commercial copper inventories in the United States breach 1.1 million metric tons on tariff arbitrage, while Hurricane Isaias knocks out 72% of Gulf of Mexico crude production. Simultaneously, the White House engineers a controversial Russian diesel waiver that trims fuel futures by 5%, Malaysian palm oil stockpiles surge to an all-time record of 3.51 million metric tons, thermal coal maintains an 80% price discount against Asian liquefied natural gas, and Indian customs officials impound West African soybean cargoes over origin documentation discrepancies…
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