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economy

Commodity Exchange: 03 July 2026
03 Jul 2026 Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 03 July 2026 session with the following settlements.
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02 Jul 2026

economy

US petrochemical products get a price edge in Europe as tariffs fall

The European Union removed customs duties on US industrial imports this week, putting into force a trade agreement concluded with Washington last year under which the bloc eliminated tariffs on US-origin industrial goods in exchange for a 15% US tariff on EU exports.
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02 Jul 2026 Brent NYMEX

economy

Optimism on Hormuz flow recovery and impending OPEC+ supply hikes drag crude to four-month lows

Brent crude dropped 1.89% to a four-month low as advancing US-Iran ceasefire negotiations in Doha advances towards a full recovery of Hormuz flows and a projected OPEC+ production hike aggressively dismantled remaining Q2 geopolitical risk premiums.
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02 Jul 2026

economy

Commodity Exchange: 02 July 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 92 July 2026 session with the following settlements.
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01 Jul 2026

economy

India’s petrochemical import relief receives extension as gradual normalisation targeted

The conflict left domestic petrochemical supply tighter than usual, and the duty waiver was designed to plug the gap by keeping import costs down for downstream users.
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01 Jul 2026

economy

Freightos Baltic: Transpacific rates jump 8% as peak season demand outpaces oil market risk

Carriers are preparing further increases for early July, and how well those hikes stick will offer the clearest signal yet of where this year's peak season stands.
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01 Jul 2026

economy

Commodity Exchange: 01 July 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 30 June 2026 session with the following settlements.
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01 Jul 2026 Brent NYMEX

economy

Brent anchored near $73 to close worst quarter since pandemic as Doha diplomacy stalls

Brent stabilized near $73 to cap its worst quarterly decline since 2020 as a temporary wave of cleared Gulf supply and record US production overrode a diplomatic downgrading of US-Iran peace talks in Doha, dragging prices near pre-war baselines.
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