π Weekly #Commodities Update | May 18β24
A mixed week across commodities, with #NaturalGas leading the gains β‘ while crude oil and refined products faced heavy selling pressure π’οΈπ
Sorted best to worst π
π’ $NG #NaturalGas +2.1%
π’ $HE #LeanHogs +1.7%
π’ $ZS #Soybeans +1.7%
π’ $ZC #Corn +1.7%
π’ $ZW #Wheat +1.7%
π’ $ZL #SoybeanOil +0.1%
π΄ $SB #Sugar11 -0.8%
π΄ $MGC #MicroGold -0.9%
π΄ $KE #WinterWheat -0.9%
π΄ $CC #Cocoa -2.9%
π΄ $CT #Cotton -4.0%
π΄ $LE #LiveCattle -5.6%
π΄ $HO #HeatingOil -6.9%
π΄ $BZ #BrentCrude -8.3%
π΄ $CL #CrudeOil -8.4%
π΄ $RB #RBOBGasoline -9.5%
π Key takeaway: Agriculture stayed relatively resilient π½π±, while energy was the weakest part of the market this week β‘π’οΈ
Which commodity are you watching most closely next week? π
#Commodities #Futures #Trading #Markets #Energy #Agriculture #NaturalGas #CrudeOil #Gold #Corn #Soybeans
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