commodity prices
13 stories related to this topic, newest first.
ForbesGold and Silver Prices Plunge After Recent Highs as Oil Rises
Silver fell more than 10 percent to $76.69 on May 15, 2026, days after nearing $90. Gold dropped over 3 percent to $4,542.90 while Brent crude rose above $108. Analysts cited inflation concerns and potential Federal Reserve rate hikes.
ForbesHershey Names Supply Chain a Core Strategic Pillar as New CEO Kirk Tanner Outlines 2026 Priorities
The Hershey Company outlined its strategy at the 2026 Investor Day, naming supply chain excellence as one of three core pillars. New CEO Kirk Tanner highlighted precision demand fulfillment as a competitive advantage while the company navigates cocoa prices that remain nearly 170…
stockhead.com.auMosaic Withdraws Full-Year Phosphate Production Guidance, Cites Surging Sulfuric Acid Costs
Mosaic withdrew its phosphate production guidance for the year and said it would limit capital expenditures. The moves come as surging sulfuric acid prices weigh on the company's operations. WSJ reported the developments on Monday.
The Washington PostWar in Middle East Drives Up Farm Input Costs in Asia
High prices for fuel, fertilizer and other essentials linked to the U.S.-Israeli war against Iran are preventing some farmers in Thailand from planting new crops. One farmer in Suphan Buri calculated that planting rice would cost $33,000 while expected revenue would be only $22,0…
SemaforUAE Withdraws From OPEC
The United Arab Emirates has left OPEC, effective May 1, 2026, after announcing the decision on April 30. The move allows the UAE to set its own production limits, amid tensions over unrecognized capacity growth. Analysts say this weakens the cartel's influence on global oil pric…
Substrate placeholder — needs reviewGlobal Supply Disruptions from Iran Conflict Raise Condom Production Costs by 30%
The ongoing Iran war is disrupting global supply chains, leading to higher costs for condom production materials and shipping delays, according to the world's largest condom manufacturer. Karex, based in Malaysia, reported increases in silicone oil prices and shortages of synthet…
thehindubusinessline.comGlobal Commodity Prices Rise in 2026 from Iran War Disruptions
The World Bank projects global commodity prices will reach their highest levels since 2022 due to supply disruptions from the ongoing war in Iran. Oil prices have climbed amid shipping restrictions in the Strait of Hormuz, while gold prices have declined. Market volatility persis…
dawn.comHard Red Winter Wheat Futures Hit Two-Year High Amid U.S. Drought Conditions
Hard red winter wheat futures in Chicago reached their highest level since June 2024, climbing 1% on Friday and gaining nearly 6% for the week. UBS analysts highlighted severe drought in the U.S. agricultural belt, with March marking the third-driest month on record. The conditio…
zerohedge.comAluminum Prices Reach $3,615.90 per Ton Amid Middle East Conflict-Related Supply Disruptions
The ongoing Middle East conflict has disrupted aluminum production, leading to a major supply shock described as the largest in base metals since 2000. Prices rallied to multi-year highs amid shortages, with Mercuria projecting a 2 million ton deficit by year's end. Strikes targe…
Substrate placeholder — needs reviewChina Crude Imports Fell in March as Buyers Drew Down Stockpiles Amid Iran Disruption
China's crude oil imports declined 2.3% year-on-year in March 2026 to 49.98 million tons, reflecting a drawdown of inventories built up in 2025. Mercuria's chief executive said at a summit that China is likely to resume large-scale buying within weeks. First-quarter imports remai…
nbcnews.comSteel Dynamics Reports Q1 Revenue Above Estimates with Record Shipments
Steel Dynamics announced first-quarter revenue that exceeded analysts' estimates. The company reported its fastest growth in nearly four years, driven by rising steel prices and a record 3.6 million tons in shipments. This led to a rebound in profit for the period.
Substrate placeholder — needs reviewZambia's Cabinet Approves Revised 2026 Budget to Address Middle East Conflict Revenue Pressures
Zambia's cabinet has approved a revised budget for 2026. The revision addresses revenue pressures stemming from the conflict in the Middle East. This adjustment aims to manage fiscal impacts on the country's economy.
Substrate placeholder — needs review2026 Energy Shock: Commodity Prices Decline Amid US-Iran Ceasefire
Energy commodity prices have fallen significantly during the 2026 energy shock triggered by the US-Iran war. Brent crude oil is 19% below its 2008 peak and 15% lower recently. Natural gas, power, and coal prices show substantial declines from 2022 highs, with the Strait of Hormuz…