Green covers the agricultural commodity market. Source: MXV
Green covered most of the key agricultural products. In particular, soybean prices ended a series of three consecutive sessions of decline, recovering more than 1.8% to 372.4 USD/ton.
In the domestic market, the price of dried soybeans recorded at Vung Tau port on July 15 was VND9,300/kg, while at Cai Lan port it was VND9,400/kg. Compared to the previous session, the price decreased slightly by VND50-100/kg, but in general, it has remained stable over the past month.
Green dominates the energy commodity market. Source: MXV
In the energy market, selling pressure was overwhelming as 4/5 items in the group simultaneously weakened.
In particular, world oil prices had a slight decrease in the context of investors being cautious about signals about fuel consumption demand in the US.
Both major crude oil products fell slightly by less than 0.3%. Specifically, Brent oil price stopped at 68.52 USD/barrel, corresponding to a decrease of 0.28%; while WTI oil price recorded a decrease of 0.21%, down to 66.38 USD/barrel.
According to the latest report from the US Energy Information Administration (EIA), commercial crude oil reserves in the US fell sharply by 3.86 million barrels, contrary to the American Petroleum Institute (API) estimate of an increase of up to 19.1 million barrels.
However, it is worth noting that gasoline and oil inventories in the US increased by 3.4 million barrels, despite the fact that supplies from refineries decreased by more than 800,000 barrels.
The above information has raised concerns about gasoline and oil consumption by Americans during the peak travel season.
Source: https://hanoimoi.vn/thi-truong-hang-hoa-tiep-tuc-giang-co-gia-dau-tho-giam-nhe-709320.html
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