Commodity Compass Newsletter Weeks 06-07, 2026
During the weeks 06 and 07 of 2026, the global commodity markets reflected a combination of some corrections, some selective rebounds as well as the continuation of unpredictable movements in the main segments.
Food and beverage commodities
Food and beverage commodities continued to display mixed performances.
- Beef prices in the US declined from $422.4/lb to $419.2/lb.
- Chicken prices in the US increased from $118.3/lb to $118.5/lb.
- Cocoa prices in the UK dropped from GBP 3,035/MT to GBP 2,723/MT.
- Coconut oil prices in Europe decreased from $2,265/MT to $2,261/MT.
- Coffee prices in the UK dipped from $3,755/MT to $3,742/MT.
- Maize prices in the US held firm from 429.8 cents/bushel to 429.6 cents/bushel.
- Palm oil prices in China decreased from $1,302/MT to $1,275/MT.
- Rice prices in the US increased from $11.15/CWT to $11.16/CWT.
- Soybean meal prices rose from $297.9/MT to $303.7/MT.
- Soybean oil prices rose from 54.9 cents/lb to 57.1 cents/lb.
- Soybeans prices rose from 1,089 cents/bushel to 1,126 cents/bushel.
- Sugar prices in International dropped from 14.34 cents/lb to 13.97 cents/lb.
- Wheat prices in the US rebounded from 529.7 cents/bushel to 539.1 cents/bushel.
Metals and minerals
The metals and minerals sectors were the ones to show mixed results where some selective segments witnessed price drops.
- Copper prices in the UK declined from $13,088/MT to $13,076/MT.
- Aluminium prices in the UK rose from $3,072/MT to $3,109/MT.
- Nickel prices in the UK increased from $17,166/MT to $17,446/MT.
- Iron ore prices in China reduced from $101.63/MT to $100.42/MT.
- Lead prices increased from $1,966/MT to $1,979/MT.
- Tin prices moved upward from $47,481/MT to $48,711/MT.
- Zinc prices continued its uptrend from $3,328/MT to $3,382/MT.
Chemical markets
Chemical markets maintained a mixed outlook.
- Ammonia prices in China fell from $315.9/MT to $307.9/MT.
- Benzene prices fell from $891/MT to $881/MT.
- Caustic soda prices fell from $89.9/MT to $89.7/MT.
- Ethylene prices remained steady from $672/MT to $672/MT.
- Methanol prices fell from $319.8/MT to $319.5/MT.
- Propylene prices rose from $925/MT to $929/MT.
- Soda ash prices fell from $173.0/MT to $171.4/MT.
Precious metals
The prices of precious metals were corrected after the previous surge rally.
- Gold prices increased from $4,860/oz to $5,026/oz.
- Platinum prices declined from $2,134/oz to $2,088/oz.
- Silver prices was nearly stable from $80.40/oz to $80.17/oz.
Energy sector
The energy sector maintained a strong and steady rise.
- Coal prices in the Netherlands rose from $100.8/MT to $103.0/MT.
- Crude oil prices in Europe rose from $67.7/bbl to $68.5/bbl.
- Natural gas prices in the US fell from $3.39/MMBtu to $3.15/MMBtu.
The weeks 06-07 of 2026 have been marked by the food commodities market remaining volatile, chemicals exhibiting discrepant price movement, metals and precious undergoing their respective corrections, and the rising energy market trends.