ICDX gold price weakened by -1.20% compared to the previous week influenced by various positive US data strengthen the dollar and gloomy Chinese economic data. The dollar index experienced a weekly gain of 0.14%.

The movement of ICDX tin prices strengthened by 3.23% in a week to a level of 30,050 influenced by China's steps to increase economic policy support with a focus on increasing domestic demand. But the increase in world tin prices amid the threat of rising interest rates. The Federal Reserve is raising interest rates by 25 basis points on schedule. Fed Chair Powell said at a subsequent news conference that inflation in the United States remains high. The hike raised the target range for the benchmark interest rate overnight to 5.25-5.50%, and the accompanying policy statement left the door open for another hike. The increase in interest rates was in accordance with market estimates so that prices strengthened. On the negative side, tin prices fell due to macroeconomic sentiment following the release of US data which boosted the US dollar index. The market has positive expectations for refined tin consumption in the third quarter, but downstream consumption has recently been in an off-peak period. High tin prices have hampered downstream procurement enthusiasm, and refined tin inventories at home and abroad are expected to increase slightly this week. Tin prices were affected by the successive increases in interest rates in Europe and the US in July, in line with market expectations.

Timah memainkan peran penting dalam berbagai industri manufaktur, termasuk otomotif, elektronik, dan konstruksi. Keserbagunaan dan kelangkaannya menjadikannya komoditas yang dicari dengan nilai pasar yang tinggi.

The price of ICDX oil contract closed higher at $76.89 per barrel for the week ending July 21, amidst various market sentiments providing support for prices, including unexpected supply disruptions in Libya and Nigeria In the middle long-term production cuts being made by OPEC and Saudi Arabia, and declines in US crude oil stocks reported by the Energy Information Administration (EIA).

The CPOTR price movement increased in a week to the level of IDR 11,900/Kg driven by the 35% biodiesel (B35) blending program policy for diesel/diesel fuel which will apply nationally, Malaysia's declining CPO production and the bullish trend in Soybean oil market that makes CPO prices rise.

Minyak Kelapa Sawit atau Crude Palm Oil (CPO) merupakan komoditas serbaguna dan dapat digunakan dalam berbagai produk olahan. Akan tetapi, produksi CPO sering kali dikaitkan dengan deforestasi dan masalah lingkungan lainnya. Guna mengatasi permasalahan tersebut, pemerintah Indonesia menerapkan program Peremajaan Sawit Rakyat (PSR). Implementasi program ini bertujuan untuk membantu petani kecil memperbaharui perkebunan kelapa sawit mereka dengan pohon kelapa sawit yang lebih berkelanjutan dan berkualitas tinggi. Program ini dapat mengurangi risiko pembukaan lahan ilegal dan mempromosikan praktik industri kelapa sawit yang berkelanjutan.

ICDX gold price ticks higher by 0.17% compared to the previous week, pushed by weaker US economic data and increasing US-China trade war tensions. US inflation data is still in focus.

The price of the ICDX oil contract closed lower at $70.00 per barrel for the week ended May 26, amidst sentiment circulating in the market putting pressure on prices, such as China's declining economic data, cuts in China's GDP projections by several large banks, to cut plans The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia this month agreed on a new oil production deal and the group's biggest producer Saudi Arabia also pledged to cut production in July.