Shell Eyes $42 Refining Margin, Tin Above $50K, Hormuz Shipping at 2-Month Low

Podcast: The Commodities Trade Institute Podcast · The Commodities Institute

Opublikowano: 2026-10-08

Physical trade across global commodity sectors faces acute dislocation as tanker transits through the Strait of Hormuz drop to seven vessels, driving Shell's indicative refining margins up to $42 per barrel and prompting the IEA to accelerate a 100-million-barrel emergency reserve release focused on diesel. Concurrently, London tin holds above $50,000 per metric ton on sustained artificial intelligence hardware demand, contrasting with a 37% cash drop at Fortescue due to centralized Chinese purchasing curbs, while Black Sea port strikes force the cancellation of a 20,000-ton Indian vegetable oil shipment. FOLLOW US @commoditiesinstitute Instagram - https://www.instagram.com...