Commodity Compass Newsletter Weeks 14-15, 2026
During Weeks 14 and 15 of 2026, the global commodity markets saw a continuation of a mixed performance where some commodities recovered from previous corrections while other commodities faced price pressure.
Food and beverage commodities
The performance of food and beverage commodities remained varied.
- Beef prices in the US declined from $440.3/lb to $429.7/lb.
- Chicken prices in the US dipped from $120.9/lb to $120.7/lb.
- Cocoa prices in the UK dropped from GBP 2,444/MT to GBP 2,378/MT.
- Coconut oil prices rose from $2,343/MT to $2,379/MT.
- Coffee prices in the UK decreased from $3,395/MT to $3,241/MT.
- Maize prices in the US fell from 454.0 cents/bushel to 447.9 cents/bushel.
- Palm oil prices in China dropped from $1,417/MT to $1,393/MT.
- Rice prices in the US fell from $11.27/CWT to $10.98/CWT.
- Soybean meal prices rose from $315.8/MT to $319.1/MT.
- Soybean oil prices held steady from 68.4 cents/lb to 68.4 cents/lb.
- Soybeans prices ticked up from 1,163 cents/bushel to 1,167 cents/bushel.
Metals and minerals
The prices of metals as well as minerals displayed selective strength after a number of minor corrections over the week.
- Copper prices in the UK rose from $12,301/MT to $12,664/MT.
- Aluminium prices rose from $3,471/MT to $3,475/MT.
- Nickel prices rose from $17,141/MT to $17,159/MT.
- Iron ore prices in China increased from $107.02/MT to $107.40/MT.
- Lead prices rose from $1,923/MT to $1,934/MT.
- Tin prices increased from $46,873/MT to $47,484/MT.
- Zinc prices rose from $3,240/MT to $3,306/MT.
Chemicals
The chemical markets have mostly maintained their upward trend.
- Ammonia prices in China ticked up from $387.4/MT to $394.2/MT.
- Methanol prices increased from $486.8/MT to $499.3/MT.
- Propylene prices increased from $1,284/MT to $1,353/MT.
- Soda ash prices moved from $175.9/MT to $176.0/MT.
- Benzene prices dipped from $1,239/MT to $1,236/MT.
- Ethylene prices fell from $1,485/MT to $1,483/MT.
Precious metals
Precious metals have shown small recovery.
- Gold prices increased from $4,637/oz to $4,708/oz.
- Platinum prices increased from $1,955/oz to $2,027/oz.
- Silver prices added from $72.70/oz to $74.03/oz.
Energy
The energy markets, however, experienced marked pressure.
- Coal prices in the Netherlands fell from $116.9/MT to $109.0/MT.
- Crude oil prices in Europe dropped from $106.3/bbl to $101.4/bbl.
- Natural gas prices in the US decreased from $2.83/MMBtu to $2.73/MMBtu.
Weeks 14-15 of 2026 reflected global market fragmentation. Selective strength in chemicals and precious metals offered some encouragement, but persistent weakness across energy markets tempered the overall outlook.