Commodity Compass Newsletter Weeks 10-11, 2026
During Weeks 10 and 11 in 2026 the global commodity markets were undergoing a phase of uneven adjustment with some segments gaining traction, while others softening slightly.
Food and beverages
The market saw a volatility in food and beverages commodity prices.
- Beef prices in the US rose from $432.8/lb to $439.6/lb.
- Chicken prices in the US held stable from $118.7/lb to $118.7/lb.
- Cocoa prices in the UK rose from GBP 2,159/MT to GBP 2,404/MT.
- Coconut oil prices in Europe rose from $2,250/MT to $2,396/MT.
Agricultural commodities
- Maize prices in the US fell from 450.0 cents/bushel to 449.6 cents/bushel.
- Palm oil prices in China rose from $1,301/MT to $1,383/MT.
- Soybean meal prices rose from $308.7/MT to $315.4/MT.
- Soybean oil prices rose from 64.3 cents/lb to 66.7 cents/lb.
- Soybeans prices rose from 1,162 cents/bushel to 1,196 cents/bushel.
- Sugar prices globally rose from 13.88 cents/lb to 14.38 cents/lb.
- Wheat prices in the US rose from 584.0 cents/bushel to 599.9 cents/bushel.
- Rice prices in the US rose from $10.67/CWT to $10.99/CWT.
Metals and minerals
The markets of metals and minerals saw price increases.
- Copper prices in the UK fell from $12,982/MT to $12,960/MT.
- Aluminium prices rose from $3,302/MT to $3,421/MT.
- Nickel prices rose from $17,314/MT to $17,494/MT.
- Iron ore prices in China rose from $100.45/MT to $103.90/MT.
- Lead prices fell from $1,952/MT to $1,928/MT.
- Tin prices rose from $49,961/MT to $50,777/MT.
- Zinc prices fell from $3,322/MT to $3,291/MT.
Chemicals
Chemical markets have been displaying a strong upward trend with a solid demand pattern in most products.
- Ammonia prices in China rose from $312.9/MT to $322.7/MT.
- Benzene prices rose from $999/MT to $1,341/MT.
- Caustic soda prices rose from $94.8/MT to $97.9/MT.
- Ethylene prices rose from $783/MT to $979/MT.
- Methanol prices rose from $364.2/MT to $400.0/MT.
- Propylene prices rose from $1,011/MT to $1,246/MT.
- Soda ash prices rose from $172.1/MT to $174.2/MT.
Precious metals
Precious metals prices were slightly more volatile but generally remained stable.
- Gold prices fell from $5,160/oz to $5,119/oz.
- Platinum prices fell from $2,165/oz to $2,153/oz.
- Silver prices rose from $84.37/oz to $85.23/oz.
Energy
There were high performances in energy markets.
- Coal prices in the Netherlands rose from $123.7/MT to $125.6/MT.
- Crude oil prices in Europe rose from $83.7/bbl to $97.3/bbl.
- Natural gas prices in the US rose from $3.02/MMBtu to $3.16/MMBtu.
Weeks 10-11 of 2026 demonstrated chemicals and energy making steady progress, food commodities showing a mixture of trends, and metals and precious metals displaying only selective movements.