Home
>
News
>
Publication
Weekly Report
Thursday, 21 March 2024
Publication
ICDX gold prices weakened to $2,157.86 per Troy Ounce compared to the previous week, influenced by a series of robust US economic indicators that tempered expectations of a Federal Reserve interest rate reduction.
Weekly Report
ICDX tin prices rose 3.02% compared to the previous week accompanied by a surge in demand in China's main markets amidst improving economic activity in Tiongkok.
Weekly Report
Thursday, 07 March 2024
Publication
Throughout the week ending March 1, the price trend of crude oil contracts traded on ICDX showed a bullish rally and closed higher by almost 3 percent. The sentiment that is driving oil prices to move positively includes uncertainty over ceasefire talks in Gaza, tensions in the Red Sea that have not subsided, and coupled with strong signals from OPEC+ ahead of a meeting in early March to extend production cuts.
Weekly Report
The CPOTR price movements increased within a week to IDR 12,500/Kg, triggered by a decrease in Malaysian palm oil supplies and expectations of increasing CPO demand for the use of sustainable biofuels.
Weekly Report
The decline in ICDX gold prices to $2,017.75 per Troy Ounce compared to the previous week was influenced by hotter-than-expected US inflation data, along with disappointing US Retail Sales data for January. These factors led market participants to lower their expectations for an early Federal Reserve interest rate cut.
Weekly Report
ICDX tin prices weakened -2.48% compared to the previous week due to signals that China's economy is slowing down and triggering concerns will have an impact on global economic recovery as well as affect demand for tin and make tin's performance weaken.
Weekly Report
Wednesday, 07 February 2024
Publication
Oil prices throughout the week ending February 2 closed bearish or fell by 6 percent, one of the main triggers was the negative signals ahead of the regular OPEC+ meeting on February 1 which led to a split within the alliance. Apart from that, the results of the OPEC+ meeting did not decide on new production figures, but preferred to wait until next March regarding changes of the current production policy.
Weekly Report
CPOTR price movements increased within a week to IDR 13,055/Kg, triggered by increasing demand for biodiesel and India's move to extend import duties on vegetable oils at low rates until 2025.
Member of
© Indonesia Commodity & Derivatives Exchange (ICDX)
Join Our Monthly Newsletter
Follow Us
Contact Us
Midpoint Place, 22nd Floor, K.H. Fachrudin Street No. 26, Tanah Abang, Jakarta Pusat
+62 21 3002 7788