At the beginning of 2022, the movement of the global economy is still overshadowed by the COVID-19 virus. Although the effect has subsided for the Delta variant, the Omicron variant which was only detected in November 2021 poses a new threat to various sectors, including commodities.

Three months have passed and we have arrived at the end of the first quarter of 2022. In the first quarter, there are quite a number of important issues that have emerged.

ICDX tin price in the week ending April 8 closed down by 0.74 percent. Indonesia's tin export activities are starting to recover along with the increasing number of exporters who have obtained export permits, making supply stable again.

USDSGD Transaction Opportunity, Will it Be as Big as the “Port”? Singapore is well known by the global community as a hub that connects one country to another. The liaison role has become one of the major sources of state income for Singapore to be able to develop its economy to date.

The movement of oil prices in a week was dimming, overshadowed by the threat of excess supply after the US announced (30/3) that it would release oil from strategic reserves in fantastic amounts.

ICDX CPOTR price rose 1.90% in the past week, the price increase due to a number of global and domestic issues moved CPO prices to reach the range of IDR 22,/Kg. From the domestic side, the Indonesian government announced to abolish the Domestic Market Obligation (DMO) policy. This regulation requires CPO producers to sell 30% of the total production for resale to the country. The effect of the abolition of this regulation makes exports of CPO positive and prices increase.

ICDX gold price moved 0.03% lower than the previous week with gold prices moving down due to the effect of profit taking on the Fed's decision which was in line with market participants' estimates, namely increasing interest rates by 25 basis points and the Russian invasion of Ukraine.