Commodity Compass Newsletter Weeks 12-13, 2026

21st April 2026Commodity Compass
Commodity Compass Newsletter Weeks 12-13, 2026

During weeks 12 and 13 of 2026, the global commodity markets exhibited varied price movements with some commodities recording gains while others underwent corrections.

Food and beverages

Prices in this segment showed divergent trends across different products and regions.

  • Beef prices in the US fell from $442.3/lb to $436.7/lb.
  • Chicken prices in the US increased from $119.9/lb to $120.6/lb.
  • Cocoa prices in the UK fell from GBP 2,407/MT to GBP 2,365/MT.
  • Coconut oil prices in Europe fell from $2,401/MT to $2,349/MT.
  • Coffee prices in the UK increased from $3,583/MT to $3,593/MT.

Agricultural commodities

Multiple grain and plant-based products demonstrated mixed performance over the period.

  • Maize prices in the US rose from 461.3 cents/bushel to 463.7 cents/bushel.
  • Palm oil prices in China decreased from $1,408/MT to $1,386/MT.
  • Rice prices in the US reduced from $11.30/CWT to $10.99/CWT.
  • Soybean meal prices held stable from $321.2/MT to $321.2/MT.
  • Soybean oil prices increased from 65.3 cents/lb to 66.8 cents/lb.
  • Soybeans prices increased from 1,161 cents/bushel to 1,165 cents/bushel.
  • Sugar prices globally increased from 14.90 cents/lb to 15.72 cents/lb.
  • Wheat prices in the US decreased from 598.9 cents/bushel to 597.1 cents/bushel.

Metals and minerals

The metals and minerals underwent price changes that could be termed as corrective in nature.

  • Copper prices in the UK reduced from $12,424/MT to $12,173/MT.
  • Aluminium prices reduced from $3,323/MT to $3,247/MT.
  • Nickel prices increased from $17,154/MT to $17,168/MT.
  • Iron ore prices in China rose from $105.64/MT to $106.10/MT.
  • Lead prices fell from $1,910/MT to $1,902/MT.
  • Tin prices corrected from $45,814/MT to $44,479/MT.
  • Zinc prices declined from $3,158/MT to $3,088/MT.

Chemical commodities

Varied price movements characterised this sector across multiple substances.

  • Ammonia prices in China declined from $368.5/MT to $355.0/MT.
  • Benzene prices increased from $1,163/MT to $1,203/MT.
  • Caustic soda prices increased from $101.1/MT to $104.9/MT.
  • Ethylene prices escalated from $1,296/MT to $1,423/MT.
  • Methanol prices increased from $433.9/MT to $474.3/MT.
  • Propylene prices rebounded from $1,192/MT to $1,287/MT.
  • Soda ash prices held stable from $175.6/MT to $175.6/MT.

Precious metals

The majority of the precious metals registered downward movements during this particular period.

  • Gold prices dipped from $4,795/oz to $4,452/oz.
  • Platinum prices decreased from $2,035/oz to $1,889/oz.
  • Silver prices reduced from $75.24/oz to $69.61/oz.

Energy

All major energy commodities experienced price declines during this timeframe.

  • Coal prices in the Netherlands fell from $121.8/MT to $119.3/MT.
  • Brent crude oil prices in Europe dropped from $106.4/bbl to $101.5/bbl.
  • Natural gas prices in the US slipped from $3.08/MMBtu to $2.97/MMBtu.

Price snapshot

Food and beverages2026 Week 12 - Week 13
CommodityRegionStartEndChange
BeefUS$442.3/lb$436.7/lb▼ -1.3%
ChickenUS$119.9/lb$120.6/lb▲ +0.6%
CocoaUKGBP 2,407/MTGBP 2,365/MT▼ -1.7%
Coconut oilEurope$2,401/MT$2,349/MT▼ -2.2%
CoffeeUK$3,583/MT$3,593/MT▲ +0.3%
Agricultural commodities2026 Week 12 - Week 13
CommodityRegionStartEndChange
MaizeUS461.3 cents/bushel463.7 cents/bushel▲ +0.5%
Palm oilChina$1,408/MT$1,386/MT▼ -1.6%
RiceUS$11.30/CWT$10.99/CWT▼ -2.7%
Soybean mealUS$321.2/MT$321.2/MT▶ +0.0%
Soybean oilUS65.3 cents/lb66.8 cents/lb▲ +2.3%
SoybeansUS1,161 cents/bushel1,165 cents/bushel▲ +0.3%
SugarGlobal14.90 cents/lb15.72 cents/lb▲ +5.5%
WheatUS598.9 cents/bushel597.1 cents/bushel▼ -0.3%
Metals and minerals2026 Week 12 - Week 13
CommodityRegionStartEndChange
CopperUK$12,424/MT$12,173/MT▼ -2.0%
AluminiumUK$3,323/MT$3,247/MT▼ -2.3%
NickelUK$17,154/MT$17,168/MT▲ +0.1%
Iron oreChina$105.64/MT$106.10/MT▲ +0.4%
LeadChina$1,910/MT$1,902/MT▼ -0.4%
TinChina$45,814/MT$44,479/MT▼ -2.9%
ZincChina$3,158/MT$3,088/MT▼ -2.2%
Chemical commodities2026 Week 12 - Week 13
CommodityRegionStartEndChange
AmmoniaChina$368.5/MT$355.0/MT▼ -3.7%
BenzeneChina$1,163/MT$1,203/MT▲ +3.4%
Caustic sodaChina$101.1/MT$104.9/MT▲ +3.8%
EthyleneChina$1,296/MT$1,423/MT▲ +9.8%
MethanolChina$433.9/MT$474.3/MT▲ +9.3%
PropyleneChina$1,192/MT$1,287/MT▲ +8.0%
Soda ashChina$175.6/MT$175.6/MT▶ +0.0%
Precious metals2026 Week 12 - Week 13
CommodityRegionStartEndChange
Gold-$4,795/oz$4,452/oz▼ -7.2%
Platinum-$2,035/oz$1,889/oz▼ -7.2%
Silver-$75.24/oz$69.61/oz▼ -7.5%
Energy2026 Week 12 - Week 13
CommodityRegionStartEndChange
CoalNetherlands$121.8/MT$119.3/MT▼ -2.1%
Brent crude oilEurope$106.4/bbl$101.5/bbl▼ -4.6%
Natural gasUS$3.08/MMBtu$2.97/MMBtu▼ -3.6%

Overall, Weeks 12-13 in 2026 featured mixed results in the commodities market, where the food and chemical industries experienced strong performances, the metals and precious metals witnessed corrective pressure, and the energy sector observed weakening pricing trends.

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