Commodity market

The Iran war is coming for your Diet Coke

Screens displaying advertisements for an upcoming "Diet Coke party" in New Delhi, India, on May 5, amid an aluminium can shortage caused by the closure of the Strait of Hormuz.

Why Indonesia’s plan to gatekeep its biggest commodity exports is rattling businesses and investors

A farmer harvesting palm oil fruit in Central Kalimantan province on July 22, 2025. A new state entity called Danantara Sumberdaya Indonesia is set to take charge of overseas sales of coal, palm oil and ferroalloys, and may expand to other strategic natural resources.

Demand for gold bars, coins in Singapore hits record high in Q1 2026

Gold was trading near US$4,600 on April 29.

From paint to planes, Iran war lifts costs, darkens outlooks

Executives are flagging rising transport and raw material costs, particularly linked to disruption in the Strait of Hormuz.

China’s aluminium exports to surge as Middle East disruptions persist

Overseas orders for aluminum products used in cars and packaging should see a noticeable increase in April, according to analysts.

Aluminium jumps to 4-year high on Trump’s blockade of Hormuz

Aluminum billets at the Kato Light Metal Industry Co. factory in Kanie, Aichi prefecture, Japan, on Friday, March 27, 2026. Aluminum prices could be driven to record levels as Iran's weekend strikes on Middle Eastern smelters threaten a supply crisis. Photographer: Louise Delmotte/Bloomberg

Pistachio prices hit 8-year high on war in major grower Iran

Iran is the world’s second-largest producer of pistachios.

Trump will pursue stability with China’s Xi in May meeting, USTR Greer says

U.S. Trade Representative Jamieson Greer speaks with reporters at the White House in Washington, D.C., U.S., April 2, 2026. REUTERS/Evan Vucci

Japan, France agree rare earths deal to cut China reliance, NHK reports

The deal comes as Japan and Western governments and manufacturers are seeking to build rare earths supply chains independent of China

Middle East aluminium makers suffer damage from Iranian attacks

Aluminium is a critical component in solar panels, electrical transmission systems, wind turbines, batteries, and electric vehicles.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.