The raw material markets edged higher in Q3. The commodity asset class consisting of 29 primary commodities traded on U.S. and U.K. exchanges moved 1.91% higher in Q3 2023. Over the first nine… more
Andy Hecht
Stocks compete with bonds for capital flows, and rising rates tend to weigh on the stock market. Meanwhile, high interest rates increase the cost of carrying commodity inventories, which tends to… more
The nearby NYMEX crude oil futures price reached a fourteen-year high in March 2022 after Russia invaded Ukraine. After running out of upside steam at $130.50 per barrel, the continuous contract… more
A composite of the 29 primary commodity markets traded on the U.S. and U.K. exchanges edged only 0.21% higher in Q2, thanks to gains in animal proteins and soft commodities. Over the first six… more
While the U.S. energy policy embraces alternative and renewable fuels and inhibits hydrocarbons, crude oil remains the energy commodity that powers the world. In 2022, the war in Ukraine and U.S.… more
ICE cocoa futures rally to a seven-year high, ending the trend of lower highs
The rally to a multi-year high during the latest contract roll period
Tight supplies, rising production costs, and… more
The stock and bond markets posted gains in Q1 2023 after significant losses in 2022. The cryptocurrency asset class, led by Bitcoin and Ethereum, were the upside leaders after plunging from… more
March is a critical month for the commodities that feed the world, as it marks the start of the planting season. As the snow melts, farmers warm up their equipment, prepare the soil, and plant the… more
In 1990, the New York Mercantile Exchange, a leading energy futures market, introduced futures contracts on U.S. natural gas for delivery at the Henry Hub in Erath, Louisiana. The price opened at… more
The raw material markets moved higher in Q4 and were higher than at the end of 2021 on December 30, 2022. The commodity asset class consisting of 29 primary commodities traded on U.S. and U.K.… more