Data-Driven Commodity Research, The Commodity Report

The Commodity Report

Data-Driven Commodity Research

A unique newsletter about commodities and macro analysis in a weekly format.

Commodities

Crude Palm Oil Active Contract / Commodities

<ul><li>Conditions in the Energy Industry Continue To Worsen The quarterly Dallas Fed Energy Survey highlighted that business uncertainty is worsening again.</li><li>It seems like the past two quarterly reports were only outliers - the trend remains worsening business conditions for gas and oil companies.</li><li>The conflict in the Red Sea started to impact shipping rates. But as we wrote over the past couple of weeks, it is not substantially higher</li></ul>

Conditions in the Energy Industry Continue To Worsen The quarterly Dallas Fed Energy Survey highlighted that business uncertainty is worsening again.It seems like the past two quarterly reports were only outliers - the trend remains worsening business conditions for gas and oil companies.The conflict in the Red Sea started to impact shipping rates. But as we wrote over the past couple of weeks, it is not substantially higher

Another Textbook Buy the Rumor Sell the Fact Trade Incoming?

Energy Transition | AI | Shifting World Order, Mint Finance

Srinidhi Raghavendra

Energy Transition | AI | Shifting World Order

Deep Fundamental Analysis

Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Cross Asset Strategy

<ul>
<li>Panama Canal and Suez Canal are critical corridors underpinning global trade. &gt;50% of containers from Asia into America cross either through Panama or Suez.</li>
<li>Affected by El Niño, Panama Canal's capacity has shrunk to 25/day crossings &amp; risks falling to 18/day by February next year from an average of 36/day given shrinking water levels.</li>
<li>Given Europe’s higher sensitivity to geopolitics, European Natural Gas &amp; Crude Oil prices have reacted more wildly and have jumped sharply relative to US Gas and Oil prices.</li>
</ul>


Panama Canal and Suez Canal are critical corridors underpinning global trade. &gt;50% of containers from Asia into America cross either through Panama or Suez.
Affected by El Niño, Panama Canal's capacity has shrunk to 25/day crossings &amp; risks falling to 18/day by February next year from an average of 36/day given shrinking water levels.
Given Europe’s higher sensitivity to geopolitics, European Natural Gas &amp; Crude Oil prices have reacted more wildly and have jumped sharply relative to US Gas and Oil prices.


War and Weather Choking Supply Chains and Risks Spooking Inflation

Head of Research and Global Chief Strategist, Steno Research

Andreas Steno

Head of Research and Global Chief Strategist

Macro and Geopolitical Research House

Steno Research

Steno Research is a new macro and geopolitical research house. We are based out of Copenhagen, Denmark, but have an international team and a strong network of sources and partners around the world. The team is lead by Andreas Steno, previous global head of strategy at Nordea Bank, and Mikkel Rosenvold, former chief consultant in the Danish Ministry of Finance.

<ul><li>Welcome to our Energy/EIA watch; we continue to see extraordinary strong demand for energy in the US, but weaker demand in Europe and China.</li><li>Meanwhile, the situation worsens in the Red Sea.</li><li>Oman begins an investigation into the hijacking of an oil tanker in the Gulf of Oman as Iran’s semi-state agency Tasnim confirmed that Iran was behind the hijacking.</li></ul>

Welcome to our Energy/EIA watch; we continue to see extraordinary strong demand for energy in the US, but weaker demand in Europe and China.Meanwhile, the situation worsens in the Red Sea.Oman begins an investigation into the hijacking of an oil tanker in the Gulf of Oman as Iran’s semi-state agency Tasnim confirmed that Iran was behind the hijacking.

Energy Watch: Red Sea Situation Is Worsening with Spill-Overs to Energy

Junior Finance Analyst, Steno Research

Ulrik Simmelholt

Junior Finance Analyst

Macroeconomics

<ul><li>Takeaways up front:One Russian tanker passing through the Suez. Commodities and energy looking interesting given global macro</li><li>The demand side in crude is still dominating. We question whether the Houthi aggression is a lone wolf.</li><li>We’ll start this week’s newsletter where we left off last week and touch upon the latest action in the Red Sea.</li></ul>

Takeaways up front:One Russian tanker passing through the Suez. Commodities and energy looking interesting given global macroThe demand side in crude is still dominating. We question whether the Houthi aggression is a lone wolf.We’ll start this week’s newsletter where we left off last week and touch upon the latest action in the Red Sea.

Energy Cable #52: Suez Troubles or a Houthi peace deal with Shipping companies?

Soybean Oil Active Contract / Commodities

<ul><li>We all know about China’s importance in global trade as it is the single most important importer of many key commodities and raw materials.</li><li>This great chart by S&amp;P Global highlights this once again.</li><li>Meanwhile, this importance could at least top out over the next couple of years - as the demographic problem really hits the country.</li></ul>

We all know about China’s importance in global trade as it is the single most important importer of many key commodities and raw materials.This great chart by S&amp;P Global highlights this once again.Meanwhile, this importance could at least top out over the next couple of years - as the demographic problem really hits the country.

China’s Role as Commodity Importer & The Problem that Emerges for the Soybean Complex

United States

Natural gas is a naturally occurring hydrocarbon gas mixture consisting primarily of methane, but commonly including varying amounts of other higher alkanes, and sometimes a small percentage of carbon dioxide, nitrogen, hydrogen sulfide, or helium. It is formed when layers of decomposing plant and animal matter are exposed to intense heat and pressure supplied by existing under the surface of the Earth over millions of years. The energy that the plants originally obtained from the sun is stored in the form of chemical bonds in the gas.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Natural Gas (NATURAL GAS COMDTY)

Another Textbook Buy the Rumor Sell the Fact Trade Incoming?

Conditions in the Energy Industry Continue To Worsen The quarterly Dallas Fed Energy Survey highlighted that business uncertainty is worsening again.

The Commodity Report

War and Weather Choking Supply Chains and Risks Spooking Inflation

Conflicts are intensifying in the Red Sea. US and UK launched about 70 airstrikes on Houthi targets in Yemen. Houthis vows to respond and asserts...

Mint Finance

Energy Watch: Red Sea Situation Is Worsening with Spill-Overs to Energy

Welcome to our Energy/EIA watch,We continue to see extraordinary strong demand for energy in the US, but weaker demand in Europe and...

Steno Research

Energy Cable #52: Suez Troubles or a Houthi peace deal with Shipping companies?

Takeaways up front:One Russian tanker passing through the SuezCommodities and energy looking interesting given global macroThe demand side in...

Steno Research

China’s Role as Commodity Importer & The Problem that Emerges for the Soybean Complex

We all know about China’s importance in global trade as it is the single most important importer of many key commodities and raw materials.

The Commodity Report

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)