Panama Hits $5M, $110 Brent, Indonesia Nickel Cuts, and Cocoa Shortage

Podcast: The Commodities Trade Institute Podcast · The Commodities Institute

Opublikowano: 2026-09-17

Panama Canal transit auction bids reach a record five million dollars just as daily vessel transits are cut to thirty-two, colliding with the autumn retail import surge and rerouted Middle East energy flows. Crude oil tests one hundred ten dollars a barrel following drone strikes on Saudi Arabia's East-West Pipeline, while European natural gas storage sits sixteen points below seasonal norms and Asian spot liquefied natural gas prices hold at twenty-six dollars per million British thermal units. Concurrently, Indonesia reduces its nickel ore pricing factor to fourteen percent to protect electric vehicle battery processors, European critical raw material projects...