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Weekly Report
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.
Weekly Report
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.
Weekly Report
Wednesday, 14 April 2021
Publication
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.
Weekly Report
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%
Weekly Report
Gold price printed weekly appreciation of 1.07% and The Fed became the "main star"
Weekly Report
Still moving back and forth around the same level throughout last week between $ 1730 - $ 1740 benchmark, the GOLDUD contract is broadly still moving on the back of the USD valuation which was busy responding to a number of important headlines from the US, and other developments in global sentiment.
Weekly Report
The ICDX's tin price was shown to have increased by 6 percent in a week, supported by several positive catalysts, from the supply side, including bad weather that hit Indonesia as the second-largest tin producer in the world which had an impact on the disruption of tin mining activities at sea.
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