Weekly Commodities Market Update | Feb 2–8

Weekly Commodities Market Update | Feb 2–8

Top movers:

$ZS #Soybeans +4.8%

$ZL #SoybeanOil +3.4%

$RB #Gasoline +1.6%

$GC #Gold +0.6%

$LE #LiveCattle +0.6%

$ZC #Corn +0.5%

$CT #Cotton +0.4%

Laggards:

$CC #Cocoa -0.3%

$SB #Sugar -0.9%

$ZW #Wheat -1.5%

$KW #WinterWheat -2.5%

$CL #CrudeOil -2.6%

$BZ #BrentCrude -3.7%

$KC #Coffee -11.5%

$HO #HeatingOil -11.8%

$NG #NaturalGas -21.4%

Key takeaways:

• Energy saw heavy selling pressure

• Agricultural commodities were mixed

• Precious metals remained stable

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