commodity markets
17 stories related to this topic, newest first.
Melissa Askew (Unsplash)Chicago Wheat Futures Climb Nearly 30% Since January 2026 to Near Two-Year Highs
Chicago wheat futures have risen nearly 30% since the start of 2026, marking the largest increase among row crop futures. Prices have reached near two-year highs as of late April 2026. The gains highlight a significant shift in wheat pricing trends compared to other commodities l…
theyucatantimes.comGold Prices Decline to $4,595 per Ounce Amid US-Iran Tensions over Strait of Hormuz
Gold prices fell to around $4,595 per ounce due to ongoing tensions between the United States and Iran concerning the Strait of Hormuz. These tensions have sustained high risks to energy supplies, contributing to pressure on bullion markets. The development reflects broader geopo…
Lewis Clarke / Wikimedia (CC BY-SA 2.0)BP Reports $3.2 Billion Q1 2026 Profit
BP reported first-quarter profits of $3.2 billion, more than double the previous year's figure, driven by exceptional oil trading performance amid volatility from the U.S.-Israel war with Iran. Oil prices have risen sharply since the conflict began, with Brent crude reaching abou…
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Malawi Tobacco Auction Rejections Reach 96-100% in First Week of 2026 Season
Tobacco growers in Malawi encountered rejections of 96 to 100 percent of their leaf at auction floors during the first week of the 2026 marketing season, which opened on April 20. Officials from the Tobacco Commission consulted with buying companies last Friday to address the iss…
Illustration: Substrate (Quartr-Edge style, Grok)Origin Energy Reports Decline in APLNG Revenue for Third Quarter Ending March 2026
Origin Energy disclosed a revenue drop from its APLNG operations in the third quarter. The decline stemmed from lower production levels and reduced realized prices. This period covers the quarter ending March 2026, amid volatile energy markets.
thehindu.comBHP Adopts Yuan-Denominated Index for Iron Ore Sales to Chinese Buyer
Australian mining company BHP has agreed to use a yuan-denominated index for iron ore pricing in a contract with China Mineral Resources Group. Analysts described this as the first incorporation of China's market data into iron ore pricing formulas. The deal follows a months-long…
zerohedge.comAluminum Prices Rise Amid Supply Disruptions from Middle East Conflicts
Aluminum prices have increased significantly due to recent supply shocks. LME prices reached a four-year high near $3,672 per ton, while U.S. physical premiums hit a record $2,521 per ton. European prices rose 90% over six weeks following drone strikes and production cuts in the…
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Hochschild Mining Reports 40% Rise in Q1 Gold Prices, Shares Climb 2%
Hochschild Mining announced higher average prices for gold and silver in the first quarter of 2026, driving a rise in its share price. The company reported strong cash generation and remains on track for full-year guidance. Gold spot prices held near $4,800 amid market turmoil.
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)U.S. Natural Gas Companies Announce Production Curtailments in Second Quarter
Top American natural gas companies are implementing strategic curtailments in the second quarter due to high production levels exceeding demand. This occurs amid global concerns over natural gas supply shortages. The announcements highlight a contrast between U.S. market conditio…
France 24Virginia Voters Approve Redistricting Plan Shifting Up to Four Congressional Seats to Democrats
Virginia voters approved a referendum on April 22, 2026, adopting a new congressional map that could add up to four Democratic-leaning seats in the U.S. House. The decision follows similar redistricting efforts in other states and comes amid national battles over gerrymandering.
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)SPDR Gold Trust Up 11% Year-to-Date Despite U.S.-Iran Conflict Volatility
The outbreak of war between the U.S. and Iran has introduced significant volatility to gold prices, contrasting with the metal's strong performance in 2025 and early 2026. Wells Fargo maintains that gold remains a compelling medium-term investment opportunity. Despite a sharp dec…
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Emirates Global Aluminum Declares Force Majeure on Contracts After Iranian Strikes on Smelter
Emirates Global Aluminum (EGA), the largest aluminum producer in the Gulf, declared force majeure on parts of its contracts following Iranian missile and drone strikes that halted operations at its Al Taweelah smelter. The company, which produced 2.83 million tons of aluminum in…
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Gold Prices Rose Before Recent Crisis Followed by Investor Selling
Gold prices increased ahead of a recent economic crisis, according to Reuters reporting. Investors subsequently sold gold holdings, leading to a price reversal. The analysis involves Reuters economists Mike Dolan and Anna Szymanski examining the factors behind this shift.
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Rio Tinto and Century Aluminum Increase Premiums on US Aluminum Product After Import Disruptions
Rio Tinto and Century Aluminum raised premiums on a key semi-processed aluminum product in the US by about 12% in recent weeks. The increase followed disruptions to imports from the Middle East due to the Iran war, according to sources. This affects the supply chain for aluminum…
Palindromedairy / Wikimedia (CC BY-SA 4.0)Major Declines Reported in US Crude Oil, Brent Crude, Gasoline and Heating Oil Prices
Energy prices experienced significant drops on the reported day, with US crude oil falling 14 percent. Brent crude oil declined 13 percent, gasoline 10 percent, and heating oil 17 percent. These changes reflect current market conditions in the energy sector.
thehindubusinessline.comWheat Prices Decline on Forecasted Rains in US Plains Amid Drought Conditions
Wheat prices fell following forecasts of rain in the US Plains this week. The precipitation is expected to ease drought conditions affecting wheat fields in the region. This development comes as drought has stressed crops in key agricultural areas.
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Gold Prices Decline Following US Threats Against Iran's Power Infrastructure
Gold prices fell after US President Donald Trump issued renewed threats to target Iran's power plants. The statements came amid ongoing tensions in the Middle East, with Iran showing no immediate signs of meeting US demands to end the conflict. This development reflects broader m…