Commodity Compass Newsletter Weeks 08-09, 2026
Global commodity prices for Weeks 08 and 09 in 2026 consisted of selective recovery, correction in specific markets, and strong performance in the metal and energy markets.
Foods and beverages
The commodity prices of foods and beverages exhibited an extent of divergence.
- Beef prices in the US rose from $416.1/lb to $425.0/lb.
- Chicken prices in the US rose from $118.7/lb to $118.8/lb.
- Cocoa prices in the UK rose from GBP 2,129/MT to GBP 2,323/MT.
- Coconut oil prices in Europe rose from $2,218/MT to $2,219/MT.
- Coffee prices in the UK fell from $3,662/MT to $3,633/MT.
- Maize prices in the US rose from 435.9 cents/bushel to 442.2 cents/bushel.
- Palm oil prices in China rose from $1,255/MT to $1,261/MT.
- Rice prices in the US fell from $10.34/CWT to $10.02/CWT.
- Soybean meal prices rose from $306.1/MT to $313.5/MT.
- Soybean oil prices rose from 58.7 cents/lb to 60.9 cents/lb.
- Soybeans prices rose from 1,137 cents/bushel to 1,145 cents/bushel.
- Sugar prices globally rose from 13.70 cents/lb to 14.46 cents/lb.
- Wheat prices in the US rose from 558.2 cents/bushel to 577.7 cents/bushel.
Metals and minerals
Prices of metals and minerals also continued to show a positive trend.
- Copper prices in the UK rose from $12,822/MT to $13,238/MT.
- Aluminium prices rose from $3,069/MT to $3,137/MT.
- Nickel prices rose from $17,164/MT to $17,802/MT.
- Iron ore prices in China fell from $99.61/MT to $99.12/MT.
- Lead prices rose from $1,959/MT to $1,975/MT.
- Tin prices in the UK rose from $45,542/MT to $51,511/MT.
- Zinc prices rose from $3,334/MT to $3,389/MT.
Chemicals
With regard to chemicals, prices showed a stable trend with slight upward bias.
- Ammonia prices in China rose from $308.6/MT to $310.8/MT.
- Benzene prices rose from $884/MT to $892/MT.
- Caustic soda prices rose from $89.8/MT to $92.1/MT.
- Ethylene prices rose from $680/MT to $685/MT.
Precious metals
The performances of precious metals saw both upward and downward trends.
- Gold prices rose from $5,020/oz to $5,186/oz.
- Platinum prices rose from $2,096/oz to $2,254/oz.
- Silver prices rose from $79.56/oz to $89.20/oz.
Energy
For the energy section, there were signs of strength during this period.
- Coal prices in the Netherlands held stable from $106.6/MT to $106.6/MT.
- Crude oil prices in Europe rose from $69.7/bbl to $71.1/bbl.
- Natural gas prices in the US fell from $3.00/MMBtu to $2.92/MMBtu.
The overall price performances during Weeks 08-09 of 2026 indicate that food commodities saw a combination of trends, while metals and energy showed signs of strength.