Lithium carbonate prices in China fell below CNY 135,000 per tonne in September, reaching their lowest level of the year as a major upward revision to Chinese stockpiles caused markets to reassess the global supply outlook. The revision came after industry group SMM changed its methodology for compiling inventory data, resulting in a 175,000-ton increase […]
Eurozone construction output dropped by 2% year-on-year in July 2026, the steepest decline since February, following an upwardly revised 1.4% decrease in June. Building activity continued to contract (-6.4% vs -7.4% in June), while specialised construction activities also remained under pressure (-1.6% vs -0.4%). Meanwhile, civil engineering rose by 0.6%, after being flat in the […]
Portugal’s industrial producer inflation rose to 7.2% year-on-year in August 2026, the highest level since February 2023, marking the second consecutive month of acceleration and rising sharply from a downwardly revised 5.7% in July. Energy inflation surged to 22.8% from 15.8% in the previous month, as global oil prices resumed their upward trend during the […]
The Mexican peso weakened to around 17.2 per US dollar after reaching a more than two-year high of 16.98 on September 11, as the US Federal Reserve raised interest rates and signaled that another rate increase could still be possible this year. The Fed increased its federal funds target rate by 25 bps to 3.75%-4.00%, […]
Manufacturing output in the US declined 0.3% in August, ending a seven-month period of consecutive increases and falling short of market expectations for a 0.3% rise. The decline was driven primarily by weaker durable-goods production, which fell 0.5% amid broad-based decreases across categories. In contrast, output of nondurable goods was unchanged during the month, providing […]
Argentina’s trade surplus widened to $2.19 billion in August 2026, up $746 million from the same month of 2025. Exports totaled $8.88 billion, increasing 12.4% year over year. All categories recorded higher export values than in August 2025, except primary products, which declined 14.2%. Energy and fuel exports grew 41.2%, manufactured industrial goods increased 18%, […]
US natural gas futures recovered on Friday after falling to a one-week low, with October Nymex natural gas closing 1.1 cents higher at $2.86/MMBtu, up 0.38%, as pre-weekend short covering helped prices recover despite increasingly cooler US weather forecasts. The natural gas market remains caught between competing fundamental forces. Cooler US temperatures, record-high projected storage […]
WTI crude oil futures fell on Friday as hopes for renewed Middle East diplomacy eased immediate fears of a prolonged supply disruption, although the broader oil market remains fundamentally tight because of disrupted Middle Eastern and Russian flows. October WTI crude oil closed $1.61 lower at $100.36 per barrel, down 1.58%, while October RBOB gasoline […]
Live cattle futures finished mixed on Friday, but the underlying US cattle supply picture is becoming increasingly supportive as August cattle placements fell to a record low for the month and September 1 on-feed inventories remained only marginally above last year. October live cattle closed at $215.925, up 27.5 cents, while December gained 37.5 cents […]
Wheat futures moved lower across all three major US exchanges heading into the weekend, with Chicago SRW, Kansas City HRW and Minneapolis spring wheat futures all under pressure as traders reduced risk and speculators shifted toward more defensive positioning. Weak US export sales, slower-than-average shipment commitments and renewed fund selling added to the bearish tone, […]