Newsletter

Global commodity markets during Weeks 48 and 49 of 2025 were characterized by a combination of short term rebounds, selective softness, and upward trends in several sectors. The price changes in this timeframe mostly signaled adjustment of market participants based on demand visibility, stock levels, and supply reactions in different regions rather than large scale fluctuations.

Food and beverage commodities showed mixed trends. US beef prices dropped from $417.3/lb in Week 48 to $402.7/lb in Week 49. The change suggests that the demand has weakened. The US chicken market remained positive as the prices went up marginally from $111.5/lb to $111.9/lb. Meanwhile, the UK cocoa sharply recovered and the price was pushed up to GBP 3,903/MT from 3,745/MT. The European market for coconut oil trailed lower for the second consecutive week and the price dropped to $2, 305/MT from $2, 369/MT. The UK coffee market declined as the price fell to $4,267/MT from $4,409/MT. US maize prices moved from 442.6 to 445.3 cents per bushel, showing a small gain. The palm oil market in China showed an upward trend as the price went up to $1,234/MT from $1,199/MT. In the US, the rice market experienced a slight decline in the prices, which moved from $10.20/CWT to $10.08/CWT. The soybean meal price declined to $309.1/MT from $315.7/MT. The price per lb of soybean oil increased from 50.9 to 51.7 cents; however, the price per bushel of soybeans decreased from 1,129 to 1,121 cents. The sugar market globally was slightly off and the prices changed from 15.02 to 14.82 cents per lb. US wheat prices were further lowered from 538.8 to 536.2 cents per bushel.

The metals and minerals prices were mostly stronger. Copper in the UK made a very strong move of its price from $10,943 per metric ton in Week 48 to $11,411 per metric ton in Week 49. Aluminium also progressed its price from $2,841 per metric ton to $2,901 per metric ton. Similarly, nickel prices had a very modest increase as they were elevated from $14,790 per metric ton to $14,878 per metric ton. China iron ore prices also went up, the price moving from $104.60 per metric ton to $107.44 per metric ton. Lead prices were able to register an increase as the prices went up from $1,981 metric tons to $2,006 metric tons. The prices of tin escalated from $38,022/MT to $39,602/MT. Even zinc prices escalated as the prices rose from $3,028/MT to $3,091/MT.