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Sources said Iraq's State Organization for Marketing of Oil (SOMO) has issued a tender to sell crude oil loading from the Basrah terminal in September.

2026-08-24

Sources said Iraq's State Organization for Marketing of Oil (SOMO) has issued a tender to sell crude oil loading from the Basrah terminal in September.

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2026-08-24

Copper fell in Asian trade. ANZ Research said global inventory shifts keep copper in focus; large inflows into LME warehouses have helped ease acute supply tightness. ANZ added tariff concerns could prompt the US to draw more copper from internationa

Copper fell in Asian trade. ANZ Research said global inventory shifts keep copper in focus; large inflows into LME warehouses have helped ease acute supply tightness. ANZ added tariff concerns could prompt the US to draw more copper from international markets earlier. LME three-month copper contract was down 0.5% at $14,143 per tonne.
2026-08-23

Zhongtai Securities says the mid–late August pullback began as expected; the market retraced after a rally, volumes fell and stabilized. It maintains a mid‑term view that the market should strengthen again in September. The correction offers a right‑

Zhongtai Securities says the mid–late August pullback began as expected; the market retraced after a rally, volumes fell and stabilized. It maintains a mid‑term view that the market should strengthen again in September. The correction offers a right‑side buying opportunity; allocation focus remains on technology manufacturing and nonferrous metals. Mid‑term recommendations: increase exposure to STAR 50, nonferrous metals and gold. In September, if AI revenue ease concerns and Fed rate expectations improve, STAR 50 may see a trend recovery. Short‑term defensive preferences are power equipment and energy & chemical manufacturers; thematic focus on edge AI and AI applications with existing commercialization paths. Be cautious on overseas compute capacity until end‑of‑month model releases and revenue data validate demand.
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