Entering the end of the second quarter of 2022, the issue of the climate crisis is still the highlight of this year. Carbon trading is said to be a way for industry to reduce carbon emissions. Europe's geopolitical conflict is still not over. In May, the European Union countries agreed to impose a sanctions embargo on Russian oil.

The movement of the price of the ICDX Crude Oil contract fell almost 7 percent, weighed down by negative sentiment that suppressed the demand side, namely the increasing spread of Covid in China has the potential to cause a decline in oil demand from the world's first largest oil importing countries.

Price movements in CPOTR experienced a downward trend of 5.72% to the level of IDR 13,350 /Kg at the close of last trade, one of the triggers was the increase in Indonesian CPO stocks in June 2022, in this case the government carried out extra efforts to immediately cut domestic supplies and support the price of Fresh Fruit Bunches (FFB) which had fallen due to Indonesia's CPO export ban at the end of last May. In the news circulating, the official from the Ministry of Energy and Mineral Resources Dadan Kusdiana said that Indonesia will increase the content of palm oil-based fuel in its biodiesel to 35% known as B35 which will start on July 20. This is expected to absorb the swelling domestic supply of CPO and help increase the selling price of FFB so that farmers do not lose out.

ICDX gold prices moved 3.6% lower compared to the previous week with prices moving lower after a 75 basis point increase in interest rates in July by the Fed weakened the appeal of the safe-haven metal.

Rubber is one of Indonesia's largest commodities after palm oil. As much as 85% of its production is carried out by small farmers. As the second largest rubber producer in the world, Indonesia's rubber exports are important for the global market.

The price of ICDX tin at the end of June moved down from last week to the level of $27,850 per tonne. Tin's deteriorating performance was caused by fears of a global recession triggered by aggressive interest rate hikes by the Fed and followed by central banks in other countries. negative for the tin market. The increase in interest rates is seen by investors as being able to put a brake on the pace of world economic growth, and it is feared that it will cut global demand for tin.

On July 4, 2022, ICDX invited members and relations and partners who have supported ICDX's journey to celebrate and appreciate all the special achievements that have been achieved.

Oil prices for the week ending June 24 closed nearly 3 percent. Some of the negatives that hinder prices include the European Union (EU) plan to implement further sanctions on Russia, where this topic will also be the main topic of discussion at the G7 meeting which will take place from 26 - 28 June 2022.