Entering the beginning of June, the ICDX's tin price was observed to be staying above the level of $30,000 per ton. The recovering of the global industrial and manufacturing activity played a role in driving demand, especially for the electronic product sector, which uses a lot of tin in its applications. In addition, the resurgent Covid-19 case in Asia has limited global tin supply, due to around 70% of global tin supply comes from Asia.

The COFR crude oil contract again recorded a weekly substantial appreciation of 3.96% from the level of Rp 918,300 per barrel to the level of Rp 954,700 per barrel. Oil's slow but steady rally has taken advantage of a combination of mixed catalysts ranging from good demand expectations and a bit of news on trade politics from China – although still overshadowed by market caution ahead of next week's OPEC+ meeting and global pandemic conditions.

CPOTR crude palm oil price at ICDX has closed last week trading session with a correction of 3.40% from the level of 16,035 at previous week's close (14/05) to the level of 15,490 at last week (21/05). The main pressure can be traced from a combination of profit-taking in the market regarding peak price conditions, the concerns of Covid-19 in various Asian countries, which in parallel also triggered a collapse in global crude oil prices.

ICDX's tin price at the close of the week (7/4) was recorded at the level of $ 34,405 per ton or breaking an all-time high, where the previous highest world tin price occurred in April 2011 at the level of $ 33,255 per ton. The positive trend of tin price movements was triggered by the threat of a shortage of tin supply amid rising demand in line with the recovery in global industrial and manufacturing conditions.

The price of COFR crude oil contract on the Indonesian Commodity and Derivatives Exchange managed to make a significant fluctuation since mid-week and ended the week with an appreciation of 1.70%. This increase was supported by the hope that OPEC + will maintain its production easing policy in this Wednesday meeting.

Getting back to its luster, the GOLDUD contract finally managed to get out of the $ 1740 psychological zone, and closed last week's trading session with an appreciation of 1.89% to the level of $ 1,775.90 per troy ounce. Returning to its nature, the price of gold in the past week took advantage of the weakening USD on the financial market board amid a number of headlines, news and data related to the US economy.

The average of ICDX's tin price at the beginning of April was observed to have remained stable above the level of USD 27,000 per ton. Meanwhile, the total volume of Indonesian tin transactions for export destinations in March reached more than 6,500 tonnes, of which 45% of transactions were made through the ICDX.

Starting the week bearish, the COFR crude oil contract price on the Indonesian Commodity and Derivatives Exchange managed to make a significant recovery since mid-week and ended the week with an appreciation of 1.50%