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Commodity price dynamics

Price dynamics for the commodities the platform's issuers are priced off. The focus is how far the current (spot) price has moved from what is baked into the latest financials: vs the average over the last reported quarter and the last reported LTM (12 months). A positive delta = the commodity rose since the report (a tailwind for producers' revenue, a headwind for consumers). Sorted by the size of the move vs last quarter. Click a commodity for its price chart and every linked company.

CommodityCategorySpotvs last quartervs last LTMRevenueCost
Baltic Dirty TankerLogistics6 881 USD+161.8%+232.0%—1
Propane (Texas, USD/gallon)Gas1.20 USD+64.8%+70.9%29—
Nat. gas in Europe (Dutch TTF)Gas1 216 USD+55.5%+121.9%10—
Liquified Natural GasGas24.16 USD+43.3%+85.6%4—
China SulfurChemistry5 344 USDCNY-39.4%-11.3%—3
China Factory Posted Sulfur SpotChemistry797.0 USD-38.4%-8.5%—1
Electricity SpotElectricity63.91 USD-37.8%-27.3%331
Cobalt (USD per tonne, BID)Rare metals34 175 USD-36.2%-34.5%1—
Wheat (Russia / Soyanews)Agro9 320 USDRUB-29.7%-37.3%1—
US SwineAgro64.53 USD-28.3%-27.1%1—
Fuel Oil (Europe)Oil and products614.5 USD+27.0%+32.8%—1
PalladiumPrecious971.0 USD-26.0%-34.8%8—
BrentOil and products113.3 USD+24.1%+37.5%451
WTI Crude OilOil and products104.4 USD+22.2%+34.8%517
BitumenOil and products5 434 USDCNY+21.3%+40.8%12
SilverPrecious49.45 USD-21.3%-27.9%22—
Aframax TD25 USG-UKC TCE, USD/dayLogistics209 250 USD-20.9%+113.7%3—
Lithium Hydroxide CIF USD/TNEPrecious14 921 USD-19.5%-11.6%2—
US Crack Spread (oil refining)Oil and products53.92 USD-17.9%+24.5%14—
LR1 TC5 AG-Japan TCE, USD/dayLogistics244 750 USD+17.8%+147.9%1—
PlatinumPrecious1 428 USD-17.7%-24.4%8—
US Gulf Coast Kerosene-Type Jet FuelOil and products4.44 USD+17.5%+46.2%21
LR2 TC1 AG-Japan TCE, USD/dayLogistics329 250 USD+16.8%+150.4%1—
US Diesel Index (EIA)Oil and products6.35 USD+16.5%+36.9%431
VLSFO Global 20 PortsOil and products929.5 USD+14.9%+33.6%—2
VLSFO AmericaOil and products962.5 USD+14.6%+29.0%—2
LumberRaw515.5 USD-12.9%-13.0%6—
Ethanol (USD/Gal)Agro1.77 USD-11.8%-4.0%12
Baltic Exchange Dry IndexLogistics2 712 USD-11.1%+9.9%1—
Alumina FOB Australia (Platts)Raw384.5 USD+10.9%+17.9%1—
Steam coal (Australia)Coal151.5 USD+10.5%+20.2%11—
Polyamide CFR Asia (USD/t)Chemistry2 960 USD+10.3%+19.9%1—
Ammonia (Black Sea)Chemistry401.8 USD+10.0%+15.6%42
Steam coal (Richards Bay, South Africa)Coal123.3 USD+9.9%+27.9%1—
Suezmax TD20 WAF-UKC TCE, USD/dayLogistics429 250 USD-9.7%+235.7%5—
Rubber (China)Raw3 047 USD+9.2%+18.2%1—
NickelPrecious15 244 USD-8.9%-9.7%7—
Coking coal (Australia)Coal264.0 USD+8.7%+15.5%132
Gold (RUB)Precious10 246 USDRUB-8.7%-8.5%3—
Hay and HayseedsAgro432.7 USD+8.5%+20.5%—1
GoldPrecious3 917 USD-8.2%-11.9%47—
N Mono Grade PolySilicon in ChinaRaw9.35 USD+8.1%-1.5%1—
MR TC7 Singapore-EC Aus TCE, USD/dayLogistics78 250 USD-7.7%+124.2%2—
PolypropyleneRaw160 240 USDRUB+7.6%+20.0%1—
Potash (US Gulf Nola)Chemistry714.0 USD-7.0%-6.7%21
Tin (Sn)Precious50 395 USD-6.9%+4.7%1—
Galvanized coilMetal99 500 USDRUB+6.7%+5.9%2—
Norway Salmon Price, NOK/kgAgro76.14 USDNOK+6.6%+4.8%1—
Cannabis Spot IndexCannabis1 132 USD+6.4%+6.4%5—
Iron OreIron ore91.30 USD-6.2%-10.8%8—
Corn USAgro450.4 USD-5.7%+0.6%12
North America Fertilizer Index (Green Markets)Chemistry802.7 USD+4.7%+4.3%4—
Coking coal (China)Coal1 455 USDCNY+4.7%+21.4%11
Wheat US (SRW) Export PriceAgro270.0 USD-4.4%+7.8%21
Titanium Dioxide (China, RMB/t)Rare metals14 260 USDCNY-4.3%-4.0%1—
AluminumPrecious3 091 USD-4.2%-3.3%3—
Rhodium (Rh) USD/ounceRare metals9 100 USD+4.0%-0.9%4—
US Gasoline Index (EIA)Oil and products3.02 USD-3.9%-3.1%4—
HRC (China)Metal3 190 USDCNY-3.7%-4.4%5—
ZincPrecious3 871 USD+3.4%+14.5%8—
Wet Process Corn ByproductsAgro184.2 USD+3.1%+6.6%—1
Truck Rate (spot) $/mileLogistics3.04 USD+2.6%+19.0%—1
BeefAgro367.3 USD-2.3%-2.6%1—
ChickenAgro2.04 USD+2.0%+1.3%1—
Steam coal (US)Coal50.59 USD+2.0%+0.3%31
DAP FOB NOLAChemistry802.5 USD+1.9%+11.1%2—
DAP ChinaChemistry802.5 USD+1.9%+11.1%1—
Iron and Steel ScrapScrap581.0 USD-1.8%+1.9%—4
Freightos Baltic IndexLogistics3 560 USD-1.8%+42.5%41
Manganese OreRare metals28.75 USDCNY-1.8%-8.1%2—
Diamond IndexPrecious81.10 USD-1.8%-4.1%2—
Diamond Prices IndexPrecious81.10 USD-1.8%-4.0%1—
CRC (China)Metal3 708 USDCNY-1.6%-3.4%2—
Northern bleached softwood kraftRaw1 330 USD+1.5%+6.7%4—
Chicken (broiler, RUB / kg)Agro276.3 USDRUB-1.5%+7.9%1—
Molybdenum (USD per pound)Rare metals36.00 USD+1.3%+17.8%5—
Uranium (Cameco)Rare metals89.63 USD+1.2%+5.0%2—
LeadPrecious1 919 USD+1.0%-2.3%3—
VLCC TD3C AG-China TCE, USD/dayLogistics1 347 500 USD+1.0%+191.5%4—
CementOther262.9 USD+0.9%+2.6%1—
Welded pipe (102, 3.5)Pipe60 250 USDRUB-0.8%+3.8%2—
UAN (Black Sea)Chemistry487.5 USD-0.8%+12.3%5—
Henry Hub GasGas2.87 USD-0.8%-13.7%6615
Phosphoric AcidChemistry168.0 USD+0.6%+6.6%—1
AN (Black Sea)Chemistry662.4 USD+0.6%+9.2%5—
Pipeline Transportation of Crude OilLogistics355.1 USD+0.5%+0.5%11
Urea (FOB China)Chemistry400.0 USD-0.4%-19.5%5—
CopperPrecious14 464 USD+0.4%+10.1%28—
Containerboards. Fluting cellulose B1Other55 466 USDRUB+0.2%+0.0%1—
CRC (Russia)Metal70 100 USDRUB+0.2%-4.4%4—
Food Oils and OilseedsAgro128.4 USD+0.1%+6.5%12
HRC (Russia)Metal63 500 USDRUB-0.0%+7.9%4—
Lean pork (Russia / Soyanews)Agro1 900 USD+0.0%+0.0%1—

1 inactive benchmarks hidden (no recent price).

'vs last quarter' / 'vs last LTM' = spot relative to the average price over the last reported quarter / the last reported LTM (Commodities_Q_Values). 'Revenue' / 'Cost' = number of issuers for which the commodity is a revenue or cost driver (from the spot-potential model). Price source — EI1.