Commodities have had a rough decade, but a confluence of structural factors suggests that after years of underinvestment, the stage may be set for the next super cycle.

Market Commentary:

Ship demolition activity over the past five years reveals a cyclical but narrowing trend, with 2025 standing out for its low absolute numbers, despite covering only the first eight months.

The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 7 September 2025, to review global market conditions and outlook

Market Commentary:

Now that summer has come to an end, it is a good moment to look back and assess how the dry bulk market evolved through the season, comparing the performance of summer 2025 with the previous two summers.

The British government said it will take control of a part of Liberty Steel, owned by commodities tycoon Sanjeev Gupta, after the business was placed into liquidation following a petition from its creditors on Thursday.

Summary

U.S., China extend tariff pause to November

Eyes on U.S. inflation data due later on Tuesday

Trump-Putin talks on Friday cloud oil outlook