Commodities

Commodities Rollercoaster: Oil Rockets & Gold Smashes Records as Trade & Weather Woes Hit Agriculture (Sept 24–25, 2025)

Brent crude hit a 7-week high near $69 on Sept 24 after a sharp U.S. inventory drop, then eased as profit-taking and Kurdistan output forecasts weighed. Turkey signed a 20-year U.S. LNG deal as it shifts from Russian gas. Gold reached a record $3,790/oz before retreating. Copper surged after Freeport-McMoRan declared force majeure at its Grasberg mine, sending LME prices to a 15-month high.

25 September 2025

Commodities·Gold·NYSE:FCX·NYSE:JEF

Southern Copper (SCCO) Skyrockets on Copper Price Boom – Key Facts & Outlook

Southern Copper Corp. (NYSE:SCCO) shares hit a 52-week high of $117.5 on September 24, 2025, after jumping nearly 9% in one day. The surge followed a copper price rally to $4.80 per pound, driven by supply disruptions at Freeport-McMoRan’s Grasberg mine. Southern Copper expects 2025 Peru output to hold steady at 414,000 tonnes and reported Q2 net income of $973 million, up 2% year-over-year.

24 September 2025

Commodities·Mining Industry·NYSE:SCCO

Oil, Gold, and Coffee Soar as Supply Shocks and Safe-Haven Rush Roil Commodities Markets

Brent crude climbed to $68.57 and WTI to $64.38, both three-week highs, after U.S. oil inventories fell and export disruptions hit Iraq, Venezuela, and Russia. Gold touched record levels above $3,790/oz as investors sought safe havens. Copper surged over 3% to a 15-month high after a major mine outage. Arabica coffee neared all-time highs on U.S. tariffs and Brazil’s drought, while sugar dropped to a 2½-month low.

24 September 2025

Commodities·NYSE:FCX

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Premier Investments Halves Decline with Steady Profits, Dividend Boost
March 20, 2026, 1:30 AM EDT. Premier Investments reported steady first-half profits of nearly $102 million despite softer sales. Total revenue rose 3% to about $480 million, but Smiggle's sales fell amid weak discretionary spending and rising interest rates squeezing younger consumers. The company declared a fully franked interim dividend of 45 cents per share, contrasting with no payout last year. Premier's share price gained on dividend news and a share buyback plan. Facing market challenges, the retailer is restructuring Smiggle to better appeal to children aged 6 to 12 and benefits from its stake in Breville Group, enhancing diversification. Investors remain watchful for potential acquisitions supported by Premier's strong balance sheet.