
← The Commodities Trade Institute Podcast8 oct. · 6 min
Shell Eyes $42 Refining Margin, Tin Above $50K, Hormuz Shipping at 2-Month Low
<p>Physical trade across global commodity sectors faces acute dislocation as tanker transits through the Strait of Hormuz drop to seven vessels, driving Shell's indicative refining margins up to $42 per barrel and prompting the IEA to accelerate a 100-million-barrel emergency reserve release focused on diesel. Concurrently, London tin holds above $50,000 per metric ton on sustained artificial intelligence hardware demand, contrasting with a 37% cash drop at Fortescue due to centralized Chinese purchasing curbs, while Black Sea port strikes force the cancellation of a 20,000-ton Indian vegetable oil shipment.</p><p>FOLLOW US @commoditiesinstitute</p><p>Instagram - <a href="https://www.instagram.com/commoditiesinstitute">https://www.instagram.com/commoditiesinstitute</a></p><p>Facebook - <a href="https://www.facebook.com/61584221970761">https://www.facebook.com/61584221970761</a></p><p>TikTok - <a href="https://www.tiktok.com/@commoditiesinstitute">https://www.tiktok.com/@commoditiesinstitute</a></p><p>YouTube - <a href="https://www.youtube.com/@commoditiesinstitute">https://www.youtube.com/@commoditiesinstitute</a></p><p>LinkedIn - <a href="https://www.linkedin.com/company/commoditiesinstitute/">https://www.linkedin.com/company/commoditiesinstitute/</a></p><p>Listen to the Podcast:</p><p>Spotify Podcast - <a href="https://open.spotify.com/show/6eO2y40mmH5J8boeF0ANjJ">https://open.spotify.com/show/6eO2y40mmH5J8boeF0ANjJ</a></p><p>Apple Podcast - <a href="https://podcasts.apple.com/us/podcast/the-commodities-institute-podcast/id1826784341">https://podcasts.apple.com/us/podcast/the-commodities-institute-podcast/id1826784341</a></p><p>Commodities Market Oil Metals News Trading Agriculture Policy Politics Energy</p>