The Commodity Report

The Commodity Report

Commodity Report #37

About the Natgas squeeze, crude oil and the Brazilian Real (aka commodity currency)

Lukas Kuemmerle's avatar
Lukas Kuemmerle
Jan 31, 2022
∙ Paid
lukas kümmerle commodity report

The benchmark, Bloomberg Commodity Index, ended the week 1,65% higher.

The index was driven by strong energy price increases. Natgas rallied 16% w/w after a short squeeze in the expiring February contract on Thursday.

All metals except Palladium were lower - mostly driven by a very strong USD in the past week. Palladium’s strength is no surprise at all, I…

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